Nasdaq, Inc. (NASDAQ:NDAQ) Shares Move -5.22% From the 52-week High

Many investors are viewing shares of Nasdaq, Inc. (NASDAQ:NDAQ) closely this week as the price ticked to $99.77 on a recent check.   From a technical standpoint, “oversold” can simply mean that the stock is having a Relative Strength Index (RSI) under 30, where overbought indicates a reading near or above 70.  Nasdaq, Inc. (NASDAQ:NDAQ) RSI currently stands at 52.48.  The 16431.12 market cap company has a P/E of 20.33 and a profit margin of 12.20%.  Nasdaq, Inc. (NASDAQ:NDAQ) shares entered the public market on 7/1/2002 when they had their initial public offering. 

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Checking in on some additional numbers for Nasdaq, Inc. (NASDAQ:NDAQ), we can see that the company has a Williams Percent Range or 14 day Williams %R of -40.04. In general, if the reading goes above -20, the stock may be considered  to be overbought. On the other end of the spectrum, if the indicator goes under -80, this may show the stock as being oversold. The Williams Percent Range or Williams %R is a technical indicator that was developed to measure overbought and oversold market conditions.

We can also take a look at the Average Directional Index or ADX of Nasdaq, Inc. (NASDAQ:NDAQ). The ADX is used to measure trend strength. ADX calculations are made based on the moving average price range expansion over a specified amount of time. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The 14-day ADX presently sits at 8.52. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. At the time of writing, the 14-day Commodity Channel Index (CCI) is 69.61. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

The simple moving average is the most common method used to calculate the moving average of prices. Nasdaq, Inc.’s 20-Day Simple Moving Average is 1.13%.  Extending back, their 50-Day Simple Moving Average is 0.26%, looking even further back, their 200-Day Simple Moving Average stands at 6.41%.  

A commonly used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA for Nasdaq, Inc. (NASDAQ:NDAQ) is sitting at 93.84. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is presently standing at 52.53, the 7-day is 55.5, and the 3-day is resting at 59.52.

Nasdaq, Inc. (NASDAQ:NDAQ)’s performance this year to date is 22.31%.  The stock has performed -1.21% over the last seven days, 4.21% over the last thirty, and 1.86% over the last three months.  Over the last six months, Nasdaq, Inc.’s stock has been 8.30% and 16.24% for the year.

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