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Evaluation of Nasdaq 100 stock downgraded after the last trading session
(Updated on Jun 05, 2026)
The Nasdaq 100 stock price fell by -3.87% on the last day (Friday, 5th Jun 2026) from $30,196.00 to $29,026.50. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0.85% from a day low at $28,781.25 to a day high of $29,026.50. The price has been going up and down for this period, and there has been a -2.74% loss for the last 2 weeks. Volume has increased on the last day by 983 thousand 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, 1 million shares were bought and sold for approximately $29.24 billion.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $28,597.73 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 31.99% during the next 3 months and, with a 90% probability hold a price between $37,746.70 and $40,901.83 at the end of this 3-month period.
NQUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Nasdaq 100 stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $30,247.61 and $29,202.07. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -5.45%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Nasdaq 100 stock
On the downside, the stock finds support just below today's level from accumulated volume at $24,670.25 and $24,394.25. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Nasdaq 100 finds support just below today's level at $24,670.25. If this is broken, then the next support from accumulated volume will be at $24,394.25 and $24,101.50.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $245.25 between high and low, or 0.85%. For the last week the stock has had daily average volatility of 0.349%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NQUSD) For The Upcoming Trading Day Of Sunday 7th
For the upcoming trading day on Sunday, 7th we expect Nasdaq 100 to open at $28,944.75, and during the day (based on 14 day Average True Range), to move between $28,853.78 and $29,199.22, which gives a possible trading interval of +/-$345.44 (+/-1.20%) up or down from last closing price. If Nasdaq 100 takes out the full calculated possible swing range there will be an estimated 1.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $29,231.75 (0.71%) than the support at $24,670.25 (15.01%), 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 100 stock A Buy?
The Nasdaq 100 stock holds several negative signals and despite the positive trend, we believe Nasdaq 100 will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-4.558
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 7, 2026 - $28,944.75 ( 0.282%).
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NQUSD Performance
Trading levels for NQUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29,190.00 | 0.563% |
| R2 | 29,096.31 | 0.241% |
| R1 | 29,038.44 | 0.0411% |
| Price | 29,026.50 | |
| S1 | 28,851.06 | -0.604% |
| S2 | 28,793.19 | -0.80% |
| S3 | 28,699.50 | -1.13% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30,405.25 | 4.75% |
| R2 | 29,332.50 | 1.05% |
| R1 | 29,231.75 | 0.707% |
| Price | 29,026.50 | |
| S1 | 24,670.25 | -15.01% |
| S2 | 24,394.25 | -15.96% |
| S3 | 24,101.50 | -16.97% |
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