|
Archive - 4/17/2025 - Sign In to see current Signals. |
NASDAQ OMX Group Inc. (NDAQ) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the NASDAQ OMX Group Inc. (NDAQ). During the week, the NDAQ climbed 0.65 points, or 0.91%, and closed at 72.18 on Thursday, April 17, 2025. Weekly volume was -15% below average. NDAQ is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See NDAQ long-term trend chart] A long-term uptrend had started on June 10, 2024 at 58.28 and reached 84.15 on February 6, 2025. NDAQ gained -25.87 points, or -44.39%, in 34 weeks. The price is now at the 46.27% retracement level.
Medium-term trend: [See NDAQ medium-term trend chart] A medium-term downtrend had started on February 6, 2025 at 84.15 and reached 64.84 on April 7, 2025. NDAQ lost 19.31 points, or 22.95%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 60.71 and resistance is at 77.14. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NDAQ weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See NDAQ short-term trend chart] A short-term uptrend had started on April 7, 2025 at 64.84 and reached 73.82 on April 15, 2025. NDAQ gained -8.98 points, or -13.85%, in 8 days. The price is now at the 18.26% retracement level.
Daily Technical Indicators: [See NDAQ daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 distance between the Bollinger Bands is 119.62% higher then one year average. It indicates the period of high 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.
| |
|
|