NASDAQ INC (NDAQ) Stock Technical Analysis
NASDAQ:NDAQ - Nasdaq - US6311031081 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to NDAQ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NDAQ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NDAQ did better than 89% of all other stocks. On top of that, NDAQ also shows a nice and consistent pattern of rising prices.
NDAQ is part of the Capital Markets industry. There are 232 other stocks in this industry. NDAQ outperforms 90% of them.
NDAQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NDAQ is leading the market.
NDAQ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NDAQ has an average volume of 3685870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NDAQ also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
70.57
87.77
2 important support areas can be observed.
- A support zone ranging from 79.78 to 81.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.28 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.11 to 86.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NDAQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NDAQ is up. |
| ChartMill Relative Strength | 89.61 | POSITIVE | NDAQ has a high relative strength, it outperformed 89.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NDAQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NDAQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NDAQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.94 | NEUTRAL | The RSI value for NDAQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NDAQ has a negative trend. |
| Stochastics (14,3) | 72 | NEUTRAL | The Stochastics value for NDAQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for NDAQ suggests low volalility. |
| Average Directional Index/ADX (14) | 42.11 | POSITIVE | The high ADX value value for NDAQ suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 86.91 | 84.51 | 2.40 (2.76%) | 25.00% |
| An entry @86.91. This is a Buy Stop order right above the resistance zone. | An exit @84.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.40 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
86.1
-0.27 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.31%
1 Week-0.92%
2 Weeks2.5%
1 Month6.77%
3 Month13.96%
6 Month10.81%
12 Month42.9%
2 Year72.72%
3 Year69.33%
5 Year116.21%
10 Year429.2%
15 Year1352.76%
Volatility
ATR(14)1.25
ATR(20)%1.46%
ATR Inc10.78%
Range Today1.26
ADR(20)1.2
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.61
Mansfield1.02
10 Day High87.5
10 Day Low84.52
20 Day High87.5
20 Day Low80
52 Week High87.5
52 Week Low59.44
CS1 End81.18
CR1 Start86.11
Volume & EV
DER(3)-0.16%
DER(5)-0.19%
Volume4.50M
Volume Incr14.17%
Vol(5)3.86M
Vol(50)3.69M