NASDAQ INC (NDAQ) Stock Technical Analysis
NASDAQ:NDAQ • US6311031081
We assign a technical rating of 0 out of 10 to NDAQ. NDAQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 74% of all other stocks performed better in the past year than NDAQ.
- In the last month NDAQ has a been trading in the 77.09 - 101.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- NDAQ has an average volume of 4593480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- NDAQ is an average performer in the Capital Markets industry, it outperforms 48% of 238 stocks in the same industry.
- NDAQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NDAQ is lagging the market.
The technical rating of NDAQ is bad and it also does not present a quality setup 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
77.80
When analyzing the support we notice one important area.
- A support zone ranging from 78.59 to 79.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @88.43 from a horizontal line in the daily time frame.
- Resistance @99.35 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NDAQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NDAQ is down. |
| ChartMill Relative Strength | 26.43 | NEGATIVE | NDAQ has a low relative strength, it was outperformed by 73.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDAQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NDAQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NDAQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.29 | OVERSOLD | The low RSI value suggests NDAQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.75 | NEGATIVE | The MACD value suggests NDAQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.64 | OVERSOLD | The low Stochastics value suggests NDAQ may be oversold. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for NDAQ suggests some volalility. |
| Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for NDAQ suggests a strong trend. |
79.47
+0.46 (+0.58%)
NASDAQ INC / NDAQ FAQ
What is the technical rating for NDAQ stock?
ChartMill assigns a technical rating of 0 / 10 to NDAQ.
Can you provide the trend direction for NASDAQ INC?
The current trend direction for NASDAQ INC (NDAQ) is Bearish.
Can you provide the RSI signal for NASDAQ INC?
NASDAQ INC (NDAQ) has an RSI value of 22.2915. This indicates that the stock is currently oversold.
Can you provide the MACD signal for NASDAQ INC?
The MACD indicator for NASDAQ INC (NDAQ) has a value of -1.75075, indicating a bearish trend.
What is the support and resistance level for NDAQ stock?
NASDAQ INC (NDAQ) has a support level at 79.46 and a resistance level at 88.43. Check the full technical report for our detailed analysis of NDAQ support and resistance levels.