NASDAQ 100 Bearish Momentum With A 3% Drop In The Last 5 Sessions

(VIANEWS) – NASDAQ 100 (NDX) has been up by 3.18% for the last 5 sessions. At 10:08 EST on Tuesday, 8 August, NASDAQ 100 (NDX) is $15,217.69.

Volume

Today’s last reported volume for NASDAQ 100 is 165093734, 94.26% below its average volume of 2878365289.31.

About NASDAQ 100’s yearly highs and lows, it’s 45.75% up from its 52-week low and 4.48% down from its 52-week high.

Volatility

NASDAQ 100’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.50%, a positive 0.12%, and a positive 0.82%, respectively.

NASDAQ 100’s highest amplitude of average volatility was 0.94% (last week), 0.73% (last month), and 0.82% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NASDAQ 100’s is considered to be oversold (<=20).

News about

  • According to MarketWatch on Monday, 7 August, "Detrick noted that 2022 saw the biggest pullback for the S&P 500 since 2008 as the index fell 19.4%, according to FactSet data.", "It’s been 113 trading sessions since the S&P 500 has seen a daily drop of 2% or more, the longest such stretch since Feb. 21, 2020, according to Dow Jones Market Data."
  • According to MarketWatch on Monday, 7 August, "The stock is now down 50% in the year to date, while the S&P 500 has gained 17%."
  • According to MarketWatch on Monday, 7 August, "The stock has gained 3.7% in the year to date, while the S&P 500 has gained 17%."
  • According to Zacks on Monday, 7 August, "With the AI mania sweeping the world, investors put a lot of trust in big tech stocks as well as in the S&P 500 and QQQ. ", "iShares Core S&P 500 ETF (IVV Quick QuoteIVV – Free Report) , Vanguard 500 Index Fund (VOO) and Invesco QQQ Trust (QQQ Quick QuoteQQQ – Free Report) added about $11.79 billion, $4.51 billion and $4.50 billion in assets, respectively, over the past month (as of Aug 3, 2023). "
  • According to MarketWatch on Monday, 7 August, "Veritiv’s stock has run up 29.0% over the past three months while the S&P 500 has gained 8.3%."

More news about NASDAQ 100 (NDX).

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