The NASDAQ is in a Bullish Trend Zone, which supports a Buy and Hold position

$NASDAQ(.IXIC)$ The NASDAQ is in a Bullish Trend Zone, which supports a Buy and Hold position for long-term investors. The current trend is characterized by either:

  • A strong Uptrend (sustained upward movement with minor dips), or

  • A Correction Trend (short-term volatility within a larger upward trend).

Historically, this phase carries high return potential with relatively low downside risk. The trend zone has remained bullish for 23 consecutive trading days, delivering a +14.9% gain since the entry point on April 22, 2025 (buy price: 16,300.4).

As there are no indications of a trend reversal, long-term investors should continue to hold positions and avoid reacting to short-term volatility. The probability of entering a Bearish zone within the next 10 days is 0%.

Expected Trend Movement & Intensity (Next 10 Days)

📌 Forecast Summary (10-Day Outlook)

  • Price Range: 18,549.8 ~ 20,172.6

  • % Change Range: -1.0% to +7.7%

  • Median Target Price: 19,361.2 (+3.3%)

📈 Trend Probability & Intensity

  • Trend Zone Forecast (Next 10 Days):

    • Bullish probability: 49%

    • Bearish probability: 0%

  • Average Trend Zone Last 30 Days:

    • Bullish 66%

  • Current Trend Zone Level:

    • Bullish 50%

📉 Trend Intensity Estimates

  • If Rising: Upward intensity +99% (Max 100%)

  • If Falling: Downward intensity -36% (Min -100%)

📆 Turning Point Signals

High probability for trend reversals around:

  • 1 Day, 4 Days, 8 Days from now

📊 Daily Average Price Movements

  • In uptrend:

    • Avg. daily gain: +1.2%

    • Range: +1.4% to -0.4%

  • In downtrend:

  • Avg. daily loss: -0.8%

  • Range: +0.4% to -1.5%

Key U.S. News Impacting the Market

  • Fed Commentary: Federal Reserve officials reiterated a “wait-and-see” approach to rate cuts. Inflation progress is slower than expected, but policymakers remain data-dependent.

  • Jobless Claims Report: Initial jobless claims came in slightly higher than forecast, indicating some softening in the labor market—potentially bullish for rate-sensitive tech stocks.

  • Nvidia Earnings: Blowout results and bullish guidance from Nvidia sparked initial optimism in tech but were later overshadowed by profit-taking.

  • Geopolitical Watch: U.S.-China semiconductor tensions continue to simmer, adding short-term headline risk to the tech-heavy NASDAQ.

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet