Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

NASDAQ Transportation

^TRANINDEX
$7663.84
$116.67(1.55%)
U.S. Market opens in 7h 7m

NASDAQ Transportation (^TRAN) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^TRAN Technical Analysis Summary

NASDAQ Transportation index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.19)
Trend Strength:Strong (ADX: 31.68)
Volatility:Medium (ATR: 224.20)
Support/Resistance:$7799.33 – $9014.40 (Bollinger Bands)

Overall, NASDAQ Transportation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 31.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.04

Bullish
Oversold zone signals rebound potential.

Williams %R: -99.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.92

Strongly Bearish
Sharp downside momentum.

Takeaway:NASDAQ Transportation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -103.52

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.68

Strong
Strong trend, momentum well established.

ATR (14): 224.20

Rising
Rising volatility, market activity increasing.

CCI (14): -159.54

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:NASDAQ Transportation shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9014.40
Middle Band (SMA 20)
$8406.86
Lower Band
$7799.33
Current Position
Below Lower Band

Takeaway:NASDAQ Transportation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$8724.63
Middle Line (EMA 20)
$8276.23
Lower Channel
$7827.82
Squeeze Status
No Squeeze

Takeaway:NASDAQ Transportation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index20.56Bearish, price momentum favors sellers.

Overall Takeaway:^TRAN shows mixed signals in money flow analysis.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:NASDAQ Transportation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ