Nasdaq 100 Daily Analysis — 2026-08-21
Session: PremarketLatest
- 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
- 8,244,680,000
- VIX
- 15.41
- US10Y
- 4.69%
- DXY
- 98.74
Sector Leaders
The index is trading lower in the premarket, showing a modest pullback after a recent uptrend. Market breadth is weak, with decliners outnumbering advancers.
Market Drivers
The move is driven by broad-based selling, particularly in the healthcare and technology sectors, while energy and real estate show slight resilience. Overall risk sentiment appears cautious.
Trend Interpretation
The index is hovering near its medium-term moving averages, indicating a consolidation phase. Momentum has turned slightly negative, but the longer-term trend remains intact.
Risk Factors
Key risks include a potential breakdown below the medium-term support, rising volatility, and a continued deterioration in market breadth. A weaker dollar and higher bond yields could add pressure.
Bullish
In a bullish scenario, the index could find support at current levels and resume its upward trajectory, driven by strength in defensive sectors and a stabilization in market breadth.
Neutral
In a neutral scenario, the index may remain range-bound, oscillating around its moving averages as investors await clearer directional catalysts.
Risk
In a risk scenario, a sustained decline could lead to a deeper correction, with the index testing lower support levels as selling pressure intensifies.