Nasdaq Index Forecast

Sell candidate since Jul 27, 2026 Gain 1.77%

The Nasdaq index price gained 1.00% on the last trading day (Friday, 31st Jul 2026), rising from 25,122.18 points to 25,373.85 points. During the last trading day the index fluctuated 1.83% from a day low at 25,004.33 points to a day high of 25,460.86 points. The price has fallen in 7 of the last 10 days and is down by -0.57% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 billion more shares were traded than the day before. In total, 10 billion shares were bought and sold for approximately 263.77 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 -3.46% during the next 3 months and, with a 90% probability hold a price between 23,566.85 points and 25,540.56 points at the end of this 3-month period.

^IXIC Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 3.81%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nasdaq index holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the index giving a more negative forecast for the index. On further gains, the index will meet resistance from the long-term Moving Average at 25,740.58 points. On a fall, the index will find some support from the short-term average at 24,980.21 points. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Nasdaq index

Nasdaq finds support from accumulated volume at 25,358.60 points and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This index is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the index moved 456.53 points (1.83%) between high and low. For the last week, the index has had daily average volatility of 1.89%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (^IXIC) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect NASDAQ Composite to open at 25,279.68 points, and during the day (based on 14 day Average True Range), to move between 25,139.27 points and 25,608.43 points, which gives a possible trading interval of +/-469.16 points (+/-1.87%) up or down from last closing price. If NASDAQ Composite takes out the full calculated possible swing range there will be an estimated 1.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 25,358.60 points (0.06%) than the resistance at 25,476.64 points (0.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NASDAQ Composite index A Buy?

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

Current score: -1.112 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - 25,279.68 points ( 0.371%).

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