The Greedy Trader Weekly Analysis
Sign In Mar 13, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 3/6/2026 -
Sign In to see current Signals.

Nasdaq (^IXIC) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price touches the lower Bollinger BandThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Nasdaq (^IXIC). During the week, the ^IXIC dropped -280.53 points, or -1.24%, and closed at 22387.68 on Friday, March 6, 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 16631.41 and resistance is at 25121.55. 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 Ascending Triangle chart pattern. The uptrend support line (25054.62) 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 medium-term trend.

Weekly Technical Indicators: [See ^IXIC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 14, 2025. Use the following link to access a MACD help.

Short-term trend: [See ^IXIC short-term trend chart]
A short-term downtrend had started on January 28, 2026 at 23988.26 and reached 22124.78 on March 3, 2026. ^IXIC lost 1863.48 points, or 7.77%, in 34 days. The price is now at the 14.11% retracement level.

Daily Technical Indicators: [See ^IXIC daily technical indicators chart]
Daily technical indicators are neutral.

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 touches the lower Bollinger Band. The distance between the Bollinger Bands is falling, and it was 4.04% on Friday. It is 50.75% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.13
Williams' Percentage Range (W%R) 75.20
Lane's Stochastic (%D-Slow) 47.80
Greed/Fear Indicator (GFI) 39.91
Moving Average Converg./Diverg. (MACD) -148.12
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.96
Williams' Percentage Range (W%R) 75.40
Lane's Stochastic (%D-Slow) 31.80
Greed/Fear Indicator (GFI) 33.68
Moving Average Converg./Diverg. (MACD) 628.70
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 25121.55
Monthly Trendline Support 25054.62
Monthly Trendline Resistance 23883.67
Upper Bollinger Band 23283.99
50 Day Moving Average 23189.87
Parabolic System 23130.04
20 Day Moving Average 22794.14
Weekly Stochastic Crossing 22681.60
Daily Stochastic Crossing 22615.21
Price 22387.68
Lower Bollinger Band 22379.62
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 23988.26
High Date 01/28/2026
Low 22124.78
Low Date 03/03/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 24019.99
High Date 10/29/2025
Low 21898.29
Low Date 11/21/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Support
Resistance 23883.67
Support 25054.62
Low 14784.03
Low Date 04/07/2025
High 24019.99
High Date 10/29/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 25121.55
Support 16631.41
Low 10088.83
Low Date 10/13/2022
High 24019.99
High Date 10/29/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1265.52
Low Date 03/09/2009
High 24019.99
High Date 10/29/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.