Advertisement

Loading...

NASDAQ Biotechnology

^NBIINDEX
$5908.80
$324.36(5.81%)
U.S. Market is Open • 13:27

NASDAQ Biotechnology (^NBI) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^NBI Technical Analysis Summary

NASDAQ Biotechnology index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.53)
Trend Strength:Moderate (ADX: 20.01)
Volatility:Medium (ATR: 127.23)
Support/Resistance:$5500.65 – $5990.43 (Bollinger Bands)

This mix signals that NASDAQ Biotechnology is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.53

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 39.05

Bearish
Momentum remains weak below midpoint.

Williams %R: -1.93

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -1.12

Bearish
Selling pressure outweighs buying.

Takeaway:NASDAQ Biotechnology shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -61.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 127.23

Rising
Rising volatility, market activity increasing.

CCI (14): 94.63

Bullish
Bullish, momentum building upward.

Takeaway:NASDAQ Biotechnology shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5990.43
Middle Band (SMA 20)
$5745.54
Lower Band
$5500.65
Current Position
Within Bands

Takeaway:NASDAQ Biotechnology trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5994.02
Middle Line (EMA 20)
$5739.57
Lower Channel
$5485.12
Squeeze Status
Squeeze On

Takeaway:NASDAQ Biotechnology trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.35Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^NBI shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of NASDAQ Biotechnology, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for NASDAQ Biotechnology are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ