Nasdaq Technical Analysis

IXI
IXIC -- USA Index  

 10,208  53.00  0.52%

As of the 5th of July, Nasdaq secures the risk adjusted performance of 0.517, mean deviation of 1.24, and downside deviation of 2.14. Our 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 index will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nasdaq, which can be compared to its peers in the industry. Please verify Nasdaq information ratio, and the relationship between the downside deviation and value at risk to decide if Nasdaq is priced some-what accurately, providing market reflects its recent price of 10207.63 per share.

Search Technical Analysis

 
Refresh
Nasdaq technical index analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nasdaq technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nasdaq trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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   33.32  , which means Nasdaq will continue producing value for investors. It has 122 observation points and a regression sum of squares at 4.199397053E7, which is the sum of squared deviations for the predicted Nasdaq price change compared to its average price change.

About Nasdaq Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nasdaq on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nasdaq based on its technical analysis. In general, a bottom-up approach, as applied to this index, focuses on Nasdaq stock first instead of the macroeconomic environment surrounding Nasdaq . By analyzing Nasdaq's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nasdaq's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nasdaq specific price patterns or momentum indicators. Please read more on our technical analysis page.

Nasdaq July 5, 2020 Technical Indicators

Most technical analysis of Nasdaq stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nasdaq from various momentum indicators to cycle indicators. When you analyze Nasdaq charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.517
Mean Deviation1.24
Semi Deviation1.58
Downside Deviation2.14
Coefficient Of Variation354.18
Standard Deviation1.82
Variance3.3
Information Ratio0.1613
Total Risk Alpha0.2947
Sortino Ratio0.1369
Maximum Drawdown12.59
Value At Risk(2.59)
Potential Upside2.81
Downside Variance4.58
Semi Variance2.48
Expected Short fall(1.37)
Skewness0.0458
Kurtosis3.52
Check out Your Current Watchlist. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page