Nasdaq Technical Analysis Overview

IXIC -- USA Index  

 7,383  29.54  0.40%

Nasdaq secures Mean Deviation of 0.9625 and Risk Adjusted Performance of 0.24. Macroaxis technical analysis interface lets you check existing technical drivers of Nasdaq as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Nasdaq which can be compared to its peers in the industry. Please verify Nasdaq Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Nasdaq is priced some-what accurately providing market reflects its recent price of 7383.38 per share.
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Nasdaq Trend Analysis

Use this graph to draw trend lines for Nasdaq. You can use it to identify possible trend reversals for Nasdaq as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nasdaq price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Nasdaq Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nasdaq applied against its price change over selected period. The best fit line has a slop of 39.48 % which may suggest that Nasdaq market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1272173.53, which is the sum of squared deviations for the predicted Nasdaq price change compared to its average price change.

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Technical Analysis

Check basic technical indicators and analysis based on most latest market data
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Nasdaq Market Strength

Nasdaq October 23, 2018 Daily Price Condition

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