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Uptrend ExhaustionArchive - 6/6/2025 - Sign In to see current Signals. |
NASDAQ OMX Group Inc. (NDAQ) Technical Analysis
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| 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 gained 2.07 points, or 2.48%, and closed at 85.61 on Friday, June 6, 2025. NDAQ was trading at average weekly trading volume. NDAQ is a member of Financials Sector. Financials is the 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 85.72 on June 6, 2025. NDAQ gained -27.44 points, or -47.08%, in 51 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The price is near the trend resistance line (84.85). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
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 downtrend resistance line (47.64) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. NDAQ may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See NDAQ weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 16, 2025. 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 May 28, 2025 at 82.42 and reached 85.72 on June 6, 2025. NDAQ gained -3.30 points, or -4.00%, in 9 days. Price is near the trend high.
Daily Technical Indicators: [See NDAQ daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since June 5, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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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