Nasdaq 100 Daily Analysis — 2026-08-20
Session: ClosingLatest
- Close
- 29,213.16
- Change
- -0.72%
- 1W Change
- -2.90%
- 20D Change
- 2.67%
- EMA20
- 29,366.39
- EMA50
- 29,124.33
- EMA200
- 27,244.94
- RSI (14)
- 48.7
- ATR (14)
- 478.51
- Volatility (20D)
- 22.99%
- Distance from 20D High
- -3.25%
- Advancers
- 2
- Decliners
- 9
- Volume
- 1,153,853,000
- VIX
- 16.01
- US10Y
- 4.70%
- DXY
- 98.87
Sector Leaders
The Nasdaq 100 closed lower with a negative bias, showing a modest pullback from recent highs. Market breadth was weak, with decliners outpacing advancers.
Market Drivers
The decline was driven by broad-based selling, particularly in some notable laggards, while a few sectors like energy and real estate showed slight resilience. Overall risk sentiment was cautious.
Trend Interpretation
The index is trading below its short-term moving average but remains above its longer-term averages, indicating a short-term corrective phase within a longer-term uptrend. Momentum is slightly bearish.
Risk Factors
Key risks include elevated volatility and a potential breakdown below key support levels. A weaker US dollar and rising bond yields could add pressure.
Bullish
In a bullish scenario, the index could find support near its medium-term average and resume its upward trajectory, driven by renewed buying interest in technology and growth stocks.
Neutral
A neutral scenario would see the index consolidating within a range, with alternating sessions of gains and losses as investors digest mixed signals.
Risk
In a risk scenario, a break below the medium-term average could trigger further selling, leading to a deeper correction toward the longer-term trend area.
Session: Premarket
- Close
- 29,426.02
- Change
- -0.22%
- 1W Change
- -1.06%
- 20D Change
- 1.48%
- EMA20
- 29,382.52
- EMA50
- 29,120.70
- EMA200
- 27,221.60
- RSI (14)
- 51.4
- ATR (14)
- 491.63
- Volatility (20D)
- 23.91%
- Distance from 20D High
- -2.55%
- Advancers
- 6
- Decliners
- 4
- Volume
- 8,173,140,000
- VIX
- 16.00
- US10Y
- 4.70%
- DXY
- 98.75
Sector Leaders
The Nasdaq 100 is showing a slight negative bias in premarket trading, with a modest decline. Market breadth is mixed, with a few notable gainers and losers.
Market Drivers
The move is driven by a mix of sector performance, with healthcare leading gains while some individual stocks experience sharp declines. Overall sentiment appears cautious.
Trend Interpretation
The index is trading near its short-term moving averages, indicating a consolidation phase. Momentum is neutral, with the index slightly below its recent high.
Risk Factors
Key risks include elevated volatility and a potential pullback if selling pressure intensifies. The negative weekly performance suggests short-term weakness.
Bullish
In a bullish scenario, the index could regain upward momentum, supported by strong sectors and a recovery in market breadth, pushing toward new highs.
Neutral
In a neutral scenario, the index may continue to trade in a range, with alternating gains and losses as investors digest mixed signals.
Risk
In a risk scenario, a break below key support levels could trigger further declines, especially if volatility spikes and defensive positioning increases.
Session: Midday
- Close
- 29,272.89
- Change
- -0.52%
- 1W Change
- -2.70%
- 20D Change
- 2.88%
- EMA20
- 29,372.08
- EMA50
- 29,126.67
- EMA200
- 27,245.54
- RSI (14)
- 49.4
- ATR (14)
- 473.83
- Volatility (20D)
- 22.90%
- Distance from 20D High
- -3.06%
- Advancers
- 4
- Decliners
- 7
- Volume
- 585,179,462
- VIX
- 15.65
- US10Y
- 4.70%
- DXY
- 98.90
Sector Leaders