Nasdaq Index Forecast

Hold candidate since Jul 09, 2026 Gain 0.29%

The Nasdaq index price gained 0.285% on the last trading day (Friday, 10th Jul 2026), rising from 26,206.89 points to 26,281.61 points. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the index fluctuated 1.12% from a day low at 26,009.49 points to a day high of 26,301.54 points. The price has risen in 6 of the last 10 days and is up by 3.64% over the past 2 weeks. Volume fell on the last day by -176 million shares and in total, 6 billion shares were bought and sold for approximately 155.53 points trillion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The index lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the index is expected to rise 6.95% during the next 3 months and, with a 90% probability hold a price between 26,729.75 points and 29,800.93 points at the end of this 3-month period.

^IXIC Signals & Forecast

The Nasdaq index holds buy signals from both short and long-term Moving Averages giving a positive forecast for the index, but the index has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 26,021.78 points and 26,167.33 points. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The index should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -3.00%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Nasdaq index

Nasdaq finds support from accumulated volume at 25,587.04 points and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 292.05 points between high and low, or 1.12%. For the last week the index has had daily average volatility of 1.26%.

Our recommended stop-loss: 25,251.43 points (-3.92%) (This index has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 26 days ago.)

Trading Expectations (^IXIC) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect NASDAQ Composite to open at 26,197.55 points, and during the day (based on 14 day Average True Range), to move between 26,049.09 points and 26,514.12 points, which gives a possible trading interval of +/-465.03 points (+/-1.79%) up or down from last closing price. If NASDAQ Composite takes out the full calculated possible swing range there will be an estimated 1.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 26,376.34 points (0.36%) than the support at 25,587.04 points (2.64%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is NASDAQ Composite index A Buy?

Nasdaq holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.307 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - 26,197.55 points ( 0.320%).

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