NASDAQ INC (NDAQ) Stock Technical Analysis
NASDAQ:NDAQ - Nasdaq - US6311031081 - Common Stock - Currency: USD
Taking everything into account, NDAQ scores 10 out of 10 in our technical rating. 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 88% of all other stocks. We also observe that the gains produced by NDAQ over the past year are nicely spread over this period.
NDAQ is part of the Capital Markets industry. There are 231 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.
In the last month NDAQ has a been trading in the 74.11 - 83.31 range, which is quite wide. It is currently trading near the high of this range.
NDAQ has an average volume of 3654770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NDAQ has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
69.75
84.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 79.83 to 83.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.07 to 83.76. This zone is formed by a combination of multiple trend lines 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 | 88.29 | POSITIVE | NDAQ has a high relative strength, it outperformed 88.29% 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) | 69.54 | NEUTRAL | The RSI value for NDAQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NDAQ has a positive trend. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests NDAQ may be overbought. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for NDAQ suggests low volalility. |
| Average Directional Index/ADX (14) | 26.26 | 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 |
|---|---|---|---|
| 83.77 | 79.99 | 3.78 (4.51%) | 22.16% |
| An entry @83.77. This is a Buy Stop order right above the resistance zone. | An exit @79.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.78 points, which is 4.51%. | For a 1.00% total portfolio risk, you can invest 22.16% 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.
83.06
+1.28 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.57%
1 Week1.34%
2 Weeks2.86%
1 Month10.6%
3 Month0.34%
6 Month0.08%
12 Month40.71%
2 Year50.06%
3 Year60.49%
5 Year110.35%
10 Year381.51%
15 Year1240.4%
Volatility
ATR(14)1.36
ATR(20)%1.76%
ATR Inc52.99%
Range Today1.44
ADR(20)1.39
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.29
Mansfield0.85
10 Day High83.31
10 Day Low80
20 Day High83.31
20 Day Low74.11
52 Week High84.15
52 Week Low58.28
CS1 End83.05
CR1 Start83.07
Volume & EV
DER(3)3.33%
DER(5)1.63%
Volume3.85M
Volume Incr-21.51%
Vol(5)3.16M
Vol(50)3.65M