NASDAQ 100 · daily candles Data as of the close on 04/11/2026

NASDAQ 100 trading analysis: daily and weekly

Trend today Bearish 6 of 8 signals agree · Strong conviction Weekly: Bearish · 3 of 5 signals

28437.17 +0.91% Last close

RSI (14)
38.5
vs. 50-day average
-4.37%
Projected close in 5 candles
27948 -1.72%
Typical daily range
1.88%

Next high-impact event Average Hourly Earnings m/m in 2 days

NASDAQ 100 trading (NDX, also known as US100) follows the 100 largest non-financial companies listed on the Nasdaq, with a heavy weight of technology. This page does a daily and weekly trading analysis: whether the trend is bullish or bearish, where its support and resistance levels are, what an algorithmic model projects for the next 5 sessions (a weekly forecast) and which US economic data this month may move it.

Educational and informational content: it is not investment advice or a recommendation to buy or sell. Trading involves risk of loss. full disclaimer.

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NASDAQ 100 daily candlestick chart

Timeframe: Daily (1D)

Each candle is one day (daily timeframe, 1D). Hover any candle to see its data. Drag to move around, change the range with the buttons and switch layers on or off. The colored lines and zones are the detected support and resistance levels; the hollow candles at the end, with their date underneath, are the projection for the next 5 days.

Layers

Tip: with “Draw line” or “Draw zone” you can mark your own levels on the chart.

NASDAQ 100 hourly MACD

Timeframe: Hourly (1H)

The MACD measures price momentum by comparing two averages (12 and 26 hours). Here each bar is one hour: it shows whether short-term strength is rising or fading during the day.

Last hour: the MACD is above its signal line, meaning momentum is bullish and it is getting weaker.

How to read this chart
  • Blue line (MACD) above the orange one (signal): short-term momentum is bullish. Below it: bearish.
  • The bars show the distance between the two lines: green above zero and red below zero. Taller bars = stronger momentum; shrinking bars = momentum is fading.
  • When the lines cross, momentum switches sides. It is a short-term technical signal, not an order to buy or sell.

Hourly data updates during each market's session and may be delayed.

NASDAQ 100 support and resistance

A support is a price where the market has already bounced several times: buyers tend to show up there. A resistance is the opposite: a ceiling where sellers tend to show up. They are detected over the last three months of daily candles; more touches means a more relevant level.

Level Price Distance Touches Strength
Resistance 30771 +8.21% 1 Light
Resistance 30196 +6.18% 1 Light
Resistance 29928 +5.24% 1 Light
Resistance 29752 +4.63% 3 Strong
Last close 28437.17

NASDAQ 100 weekly forecast: next 5 daily candles

A machine-learning model (LightGBM) trained on price history, RSI, MACD, ATR, Fibonacci retracements and the economic calendar predicts each close from the previous one. Since each step carries the previous step's error, the likely range widens over the days.

Date Projected close vs. current close Likely range
28319 -0.42% 27946 – 28692
28254 -0.64% 27727 – 28782
28120 -1.11% 27475 – 28766
27983 -1.6% 27237 – 28728
27948 -1.72% 27114 – 28782
  • Direction hit rate on 242 out-of-sample sessions: 44.6%. 50% is a coin flip: the model is a study aid, not a crystal ball.
  • Average one-session error: ±298

It's a statistical estimate, not a promise: the market can move outside the range. Use it as context for studying, never as a buy or sell signal.

Today's and this week's read: NASDAQ 100

6 of 8 signals point bearish, so the NASDAQ 100 reads as bearish (strong conviction). The model projects a close near 27,948 in 5 sessions (-1.7%), with a likely range of 27,114–28,782. On weekly candles the read is bearish (3 of 5 signals), matching the daily read. A bounce toward the 29,752 resistance (tested 3x) is where sellers have defended before.

The signals behind the verdict

It's not an opinion: it's the tally of eight technical checks. Green counts toward the bullish case, red toward the bearish one.

  • Price vs. 50-day average 28,437 vs 29,738

    Price trades below its 50-day average: sellers dominate the medium term.

  • Price vs. 200-day average 28,437 vs 27,970

    Above the 200-day average: the long-term trend is still intact.

  • 50-day vs. 200-day average 29,738 / 27,970

    The 50-day is above the 200-day (the so-called “golden cross”): the underlying regime is bullish.

  • 20-day average slope -2.06%

    The 20-day average fell over the last week: short-term momentum is negative.

  • 14-day RSI 38

    RSI below 50: selling strength outweighs buying strength.

  • MACD vs. its signal line -441.9 / -277.6

    MACD is below its signal line: momentum is accelerating downward.

  • High/low structure

    The structure of the last 10 sessions (highs and lows) favors sellers.

  • Model projection -1.72%

    The AI model projects a lower close within 5 sessions.

Economic calendar for November 2026

The month's medium- and high-impact US events, with what each one measures and its usual effect on the NASDAQ 100. Releases that surprise versus the forecast are the ones that cause the biggest candles.

10 events · 4 high-impact

Date Time Event Impact Forecast Previous Actual
Manufacturing PMIISM Manufacturing PMI Medium 54.5 54.5 —

What it measures: A survey of factory purchasing managers: above 50 the industry expands, below 50 it contracts.

Effect on NASDAQ 100: A leading indicator of the economy; the NASDAQ reacts less than to inflation or jobs data, unless the reading crosses the 50 line.

Job openings (JOLTS)JOLTS Job Openings Medium 7.15M 7.08M —

What it measures: How many open positions there are in the US. It shows whether companies are still hiring or slowing down.

Effect on NASDAQ 100: Many openings = hot labor market = risk of higher-for-longer rates; few openings = cooling.

Congressional Elections High — — —

What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes.

Effect on NASDAQ 100: Expect more NASDAQ volatility around the release time; compare the result with the forecast.

Today Services PMIISM Services PMI Medium 54.8 54.9 —

What it measures: The same survey for the services sector, which is the largest part of the US economy.

Effect on NASDAQ 100: A strong services PMI confirms a resilient economy; it can be mixed for the NASDAQ if it also adds to inflation pressure.

Weekly jobless claimsUnemployment Claims Medium 197K 194K —

What it measures: How many people filed for unemployment benefits for the first time this week. A quick thermometer of the labor market.

Effect on NASDAQ 100: Steady numbers go unnoticed; a sudden jump suggests the labor market is cooling and can feed rate-cut bets.

Average Hourly Earnings m/m High 0.3% 0.1% —

What it measures: A high-impact release for the US economy. Data in this category tends to move prices sharply within minutes.

Effect on NASDAQ 100: Expect more NASDAQ volatility around the release time; compare the result with the forecast.

Non-Farm Payrolls (US jobs)Non-Farm Employment Change High 65K 29K —

What it measures: How many new jobs the US economy created last month. It is the most-watched employment report in the world.

Effect on NASDAQ 100: A print far above forecast can spook the market (the Fed would keep rates high); a very weak one does too (recession fear). The best case for the NASDAQ is usually a 'Goldilocks' number, neither too hot nor too cold.

Unemployment rateUnemployment Rate High 4.2% 4.2% —

What it measures: The share of people looking for work who can't find it. Released together with non-farm payrolls.

Effect on NASDAQ 100: A fast-rising rate ignites recession fears; a sharp drop can feed the idea of higher rates for longer.

Consumer sentimentPrelim UoM Consumer Sentiment Medium 48.1 46.3 —

What it measures: A survey of how optimistic households feel about their finances and future inflation.

Effect on NASDAQ 100: It moves little on its own, but the inflation expectations it includes can shift rate bets.

Prelim UoM Inflation Expectations Medium — 4.7% —

What it measures: A medium-impact release: it adds context on the US economy without being decisive by itself.

Effect on NASDAQ 100: It can move price for a few minutes if it surprises a lot versus the forecast; its effect is usually moderate.

Times are shown in your time zone. The calendar updates daily with the current week's events and, once the source has published the next one, with those too: the month fills in as it goes.

Frequently asked questions about NASDAQ 100 analysis

Is The NASDAQ 100 bullish or bearish today?

As of the close on November 4, 2026, 6 of 8 technical signals point down, so the NASDAQ 100 reads as bearish (strong conviction). It is an educational, rule-based reading, not a recommendation to buy or sell.

How is the trend determined as bullish or bearish?

We count eight technical checks: price versus the 50- and 200-day averages, the cross of those averages, the slope of the 20-day average, RSI, MACD, the high/low structure and the model's projection. If most point up, the trend reads bullish; otherwise, bearish. The more agree, the higher the conviction.

What is the weekly trend of the NASDAQ 100?

On weekly candles, 3 of 5 signals point down, so the weekly trend of the NASDAQ 100 reads as bearish. We compare price with the 10- and 40-week averages, the cross of both, and the weekly RSI and MACD. The two timeframes (daily and weekly) can differ: it is worth looking at both.

What is the weekly investment forecast for the NASDAQ 100?

It is an educational estimate, not a recommendation: a statistical model projects a close near 27,948 on November 11, 2026 (-1.7% versus the current close), with a likely range of 27,114 to 28,782. It covers the next trading week (5 daily candles) and the market can move outside that range.

What moves the price of the NASDAQ 100?

It moves mostly with Federal Reserve interest-rate expectations, big tech earnings, and US inflation and jobs data. Since its companies are valued on future earnings, it tends to be sensitive to changes in rates.

What is algorithmic trading and how is it used in this analysis?

Algorithmic trading uses rules and mathematical models, instead of gut feeling, to analyze the market. Here we apply that approach to analysis: technical rules (moving averages, RSI, MACD, support levels) and a machine-learning model produce the trend read and the forecast. We only analyze: we do not execute trades or manage money.

How often is this analysis updated?

It is recalculated on each visit using the latest daily candles available. The economic calendar adds the medium- and high-impact US events every day.

Keep learning

Informational and educational content. It is not financial advice or a recommendation to buy or sell; trading in the markets carries a risk of loss.