Nasdaq 100 Daily Analysis — 2026-09-08
Session: ClosingLatest
- Close
- 29,507.70
- Change
- -0.12%
- 1W Change
- 0.17%
- 20D Change
- -0.39%
- EMA20
- 29,365.77
- EMA50
- 29,209.96
- EMA200
- 27,519.96
- RSI (14)
- 53.0
- ATR (14)
- 377.36
- Volatility (20D)
- 12.90%
- Distance from 20D High
- -2.28%
- Advancers
- 3
- Decliners
- 8
- Volume
- 1,289,893,000
- VIX
- 15.50
- US10Y
- 4.81%
- DXY
- 98.86
Sector Leaders
The index closed slightly lower, showing a mild pullback after recent gains, with a mixed short-term momentum.
Market Drivers
The move was driven by a narrow market breadth, with more decliners than advancers, while energy and utilities sectors provided some support.
Trend Interpretation
Price remains above key moving averages, indicating a longer-term uptrend, but short-term momentum is flattening as the index hovers near its recent high.
Risk Factors
Key risks include elevated volatility and a potential pullback if the index fails to hold above its short-term support levels.
Bullish
In a bullish scenario, the index could resume its uptrend, supported by strong sectors and a positive risk appetite, pushing toward new highs.
Neutral
In a neutral scenario, the index may consolidate within a range, with alternating sessions of gains and losses as investors digest recent moves.
Risk
In a risk scenario, a break below key moving averages could trigger a deeper correction, with selling pressure intensifying.
Session: Premarket
- Close
- 29,544.15
- Change
- 0.21%
- 1W Change
- 0.38%
- 20D Change
- -0.60%
- EMA20
- 29,350.83
- EMA50
- 29,197.80
- EMA200
- 27,478.77
- RSI (14)
- 53.6
- ATR (14)
- 386.77
- Volatility (20D)
- 12.94%
- Distance from 20D High
- -2.16%
- Advancers
- 3
- Decliners
- 8
- Volume
- 6,529,110,000
- VIX
- 15.50
- US10Y
- 4.77%
- DXY
- 98.87
Sector Leaders
The index is showing a modest uptick in premarket trading, with a slight positive bias over the past week but a mild pullback over the last month.
Market Drivers
Technology and industrial sectors are leading the advance, while a few large-cap names are experiencing significant declines, indicating selective buying.
Trend Interpretation
Price is holding above key moving averages, suggesting a constructive medium-term trend, though momentum is relatively subdued.
Risk Factors
A narrow market breadth with more decliners than advancers could signal fragility, and elevated volatility may persist.
Bullish
If buying broadens and the index maintains its position above the moving averages, it could continue its gradual climb toward recent highs.
Neutral
The index may oscillate within a range as investors digest mixed signals, with support and resistance levels keeping it in check.
Risk
A failure to hold above the moving averages could trigger a deeper pullback, especially if volatility spikes and defensive sectors underperform.
Session: Midday
- Close
- 29,593.58
- Change
- 0.17%
- 1W Change
- 0.46%
- 20D Change
- -0.10%
- EMA20
- 29,373.95
- EMA50
- 29,213.33
- EMA200
- 27,520.82
- RSI (14)
- 54.3
- ATR (14)
- 377.36
- Volatility (20D)
- 12.91%
- Distance from 20D High
- -1.99%
- Advancers
- 4
- Decliners
- 7
- Volume
- 671,166,555
- VIX
- 15.30
- US10Y
- 4.79%
- DXY
- 98.91
Sector Leaders
The Nasdaq 100 is trading slightly higher in a cautious session, with a modest uptick despite mixed market breadth.
Market Drivers
Gains in utilities and energy sectors are providing support, while technology shows resilience. However, a higher number of decliners than advancers suggests selective buying.
Trend Interpretation
The index remains above its key moving averages, indicating a bullish medium-term structure, though momentum appears subdued as price hovers near recent highs.
Risk Factors
Elevated volatility and a steep yield curve could pressure valuations. Also, the recent pullback from highs and negative 20-day change suggest potential consolidation.
Bullish
If buying interest broadens and the index holds above its moving averages, it could resume its uptrend and challenge recent highs.
Neutral
The index may trade sideways within a range, as mixed signals from breadth and momentum keep participants cautious.
Risk
A break below key support levels could trigger further downside, especially if volatility spikes and defensive sectors outperform.