NASDAQ COMPOSITE
Nasdaq moving up from 100 days moving average , technical indicates as long as holds above bulls will be favored. Weakness expecting once it closes and holds below 100 DMA.
On upper side Nasdaq will see further price rise once it closes and holds above its trend line resistance as shown in technical chart above. Visit link for more Nasdaq technical analysis.
Index major trend indicator has now turned positive this indicates once Nasdaq closes and holds above its trend line then further price rise can be seen.
Nasdaq Composite Update - 17- 03 -16
Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.
Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.
Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.
The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.
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