NASDAQ INC (NDAQ) Stock Technical Analysis
NASDAQ:NDAQ • US6311031081
We assign a technical rating of 0 out of 10 to NDAQ. NDAQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 74% of all other stocks performed better in the past year than NDAQ.
- NDAQ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- NDAQ has an average volume of 4677880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NDAQ is an average performer in the Capital Markets industry, it outperforms 51% of 237 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.
NDAQ has a poor technical rating and the quality of the setup is also not perfect 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
78.03
When analyzing the support we notice one important area.
- A support zone ranging from 78.82 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 81.42 to 82.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.43 to 90.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for NDAQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NDAQ is down. |
| ChartMill Relative Strength | 26.36 | NEGATIVE | NDAQ has a low relative strength, it was outperformed by 73.64% 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) | 30.72 | NEUTRAL | The RSI value for NDAQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests NDAQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.55 | OVERSOLD | The low Stochastics value suggests NDAQ may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NDAQ suggests some volalility. |
| Average Directional Index/ADX (14) | 39.34 | POSITIVE | The high ADX value value for NDAQ suggests a strong trend. |
81.41
-0.72 (-0.88%)
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 30.7151. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NASDAQ INC?
The MACD indicator for NASDAQ INC (NDAQ) has a value of -0.832767, indicating a bearish trend.
What is the support and resistance level for NDAQ stock?
NASDAQ INC (NDAQ) has a support level at 79.47 and a resistance level at 81.42. Check the full technical report for our detailed analysis of NDAQ support and resistance levels.