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Archive - 1/16/2026 - Sign In to see current Signals. |
Nasdaq (^IXIC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :      Move cursor over the icon to see details.
| | It was the negative week for the Nasdaq (^IXIC). During the week, the ^IXIC gave back -155.96 points, or -0.66%, and closed at 23515.39 on Friday, January 16, 2026. Weekly volume was -100% below average.
Long-term trend: [See ^IXIC long-term trend chart] A long-term uptrend had started on October 13, 2022 at 10088.83 and reached 24019.99 on October 29, 2025. ^IXIC gained -13931.16 points, or -138.08%, in 158 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 16384.70 and resistance is at 24587.80. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ^IXIC medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 14784.03 and reached 24019.99 on October 29, 2025. ^IXIC gained -9235.96 points, or -62.47%, in 29 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 23574.35 and resistance is at 23431.74. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See ^IXIC weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since November 14, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See ^IXIC short-term trend chart] A short-term uptrend had started on December 17, 2025 at 22692.00 and reached 23813.30 on January 13, 2026. ^IXIC gained -1121.30 points, or -4.94%, in 27 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (23546.98) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See ^IXIC daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (2.93%) is close to one year low (3.34%). It is 64.68% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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