Red day on Tuesday for Nasdaq index after losing 1.02%

The Nasdaq index price fell by -1.02% on the last day (Tuesday, 3rd Mar 2026) from 22,748.86 points to 22,516.69 points. During the last trading day the index fluctuated 2.16% from a day low at 22,124.78 points to a day high of 22,601.59 points. The price has been going up and down for this period, and there has been a -0.27% loss for the last 2 weeks. Volume has increased on the last day by 1 billion shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 8 billion shares were bought and sold for approximately 169.61 points trillion.

The index lies in the middle of a falling trend in the short term and further fall within the trend is signaled.Given the current short-term trend, the index is expected to fall -3.06% during the next 3 months and, with a 90% probability hold a price between 21,387.02 points and 22,845.09 points at the end of this 3-month period.

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nasdaq index holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the index. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 22,779.31 points and 23,135.18 points. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, February 09, 2026, and so far it has fallen -3.11%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the index should be followed more closely.

There is no support from accumulated volume below today's level and given the right condition the index may perform very badly in the next couple of days.

In general the index tends to have very controlled movements and with good liquidity the risk is considered very low in this index. During the last day, the index moved 476.81 points between high and low, or 2.16%. For the last week the index has had daily average volatility of 1.58%.

Nasdaq holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this index.