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NASDAQ 100 Bearish Momentum With A 5% Slide In The Last 10 Sessions

ViaNews Editorial Team

October 25, 2023

NASDAQ 100 Bearish Momentum With A 5% Slide In The Last 10 Sessions
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(VIANEWS) - NASDAQ 100 (NDX) has been up by 5.32% for the last 10 sessions. At 13:08 EST on Wednesday, 25 October, NASDAQ 100 (NDX) is $14,430.92.

Volume

Today's last reported volume for NASDAQ 100 is 544436368, 79.19% below its average volume of 2616680896.21.

About NASDAQ 100's yearly highs and lows, it's 35.73% up from its 52-week low and 9.42% 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 0.28%, a negative 0.01%, and a positive 0.85%, respectively.

NASDAQ 100's highest amplitude of average volatility was 0.91% (last week), 0.90% (last month), and 0.85% (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).

Previous days news about NASDAQ 100 (NDX)

  • Nasdaq 100 forecast: recovers to kick off the trading week - 24 October 2023. According to DailyForex on Tuesday, 24 October, "On the other hand, if we turn around and take out the top of the candlestick for the trading session, then I think we have a situation where the NASDAQ 100 could go investigate the 50-Day EMA, near the 15,000 level which of course in and of itself will have a certain amount of psychology attached to it."

News about

  • According to MarketWatch on Monday, 23 October, "The Dow Jones Industrial Average dropped 172 points, or 0.5%, at 32,956, while the S&P 500 was off 0.4% and the Nasdaq Composite fell 0.5%. "
  • According to Zacks on Monday, 23 October, "The Dow Jones Industrial Average, the S&P 500 and the tech-heavy Nasdaq Composite slid 1.6%, 2.4% and 3.2%, respectively. "
  • According to Zacks on Monday, 23 October, "Amid these ongoing headwinds, the sector has lost 8.6% until Oct 18, underperforming the S&P 500 Index's 13.8% gain."
  • According to FXStreet on Monday, 23 October, "We continue to expect S&P 500 EPS growth of 3-4% in the third quarter, representing a beat of a similar magnitude relative to consensus expectations.", "We maintain our June 2024 and December 2024 S&P 500 price targets of 4,500 and 4,700, respectively, from 4,224 at the end of last week."
  • According to DailyForex on Monday, 23 October, "American stocks have retreated, with the Dow Jones, Nasdaq 100, and S&P 500 indices falling by more than 1% on Friday. "

More news about NASDAQ 100 (NDX).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.