Nasdaq Inc (NDAQ): Price Now Near $168.4; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for NDAQ

At the moment, NDAQ (Get Ratings)’s price is down $-0.68 (-0.4%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 and 50 hour moving averages, resulting in them with price now being below them. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

NDAQ ranks 216th in terms of today’s price percentage change out of Trading stocks.

NDAQ’s Technical Outlook on the Daily Chart

Currently, NDAQ’s price is down $-0.69 (-0.41%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Nasdaq Inc’s price action over the past 90 days can be seen via the chart below.

NDAQ

For NDAQ News Traders

News traders keeping an eye on NDAQ may find value in this recent story:

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 28, 2021

Nasdaq Short Interest Days Nasdaq Short Interest Days NEW YORK, June 09, 2021 (GLOBE NEWSWIRE) — At the end of the settlement date of May 28, 2021, short interest in 2,654 Nasdaq Global Market℠ securities totaled 8,683,450,119 shares compared with 8,678,246,449 shares in 2,645 Global Market issues reported for the prior settlement date of May 14, 2021. The end-of-May short interest represent 3.19 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.11 d

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