Nasdaq 100 Daily Analysis — 2026-09-09
Session: ClosingLatest
- Close
- 29,421.55
- Change
- -0.29%
- 1W Change
- 1.18%
- 20D Change
- -0.35%
- EMA20
- 29,371.08
- EMA50
- 29,218.26
- EMA200
- 27,539.55
- RSI (14)
- 51.4
- ATR (14)
- 366.78
- Volatility (20D)
- 12.89%
- Distance from 20D High
- -2.56%
- Advancers
- 2
- Decliners
- 9
- Volume
- 1,145,827,000
- VIX
- 16.37
- US10Y
- 4.84%
- DXY
- 98.81
Sector Leaders
The index closed slightly lower, showing a mild pullback after a positive weekly performance. Market breadth was negative, with decliners outnumbering advancers.
Market Drivers
The move was driven by weakness in several large-cap technology names, while energy and technology sectors showed relative strength. Overall sentiment remains cautious amid mixed sector performance.
Trend Interpretation
The index is trading above its key moving averages, indicating a medium-term uptrend. Momentum is neutral, as the RSI is in a balanced zone, suggesting consolidation.
Risk Factors
Key risks include a narrowing market breadth and elevated volatility, which could signal fragility. A rise in long-term yields may also pressure growth stocks.
Bullish
In a bullish scenario, the index could resume its uptrend if buying interest returns and breadth improves. Sustained strength in leading sectors would support further gains.
Neutral
In a neutral scenario, the index may continue to trade in a range, with alternating sessions of gains and losses. Investors could remain cautious ahead of clearer directional cues.
Risk
In a risk scenario, a break below key support levels could trigger further selling, especially if volatility spikes and defensive positioning increases.
Session: Premarket
- 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
- 7,714,560,000
- VIX
- 16.35
- US10Y
- 4.81%
- DXY
- 98.68
Sector Leaders
The Nasdaq 100 is slightly lower in premarket trading, with mixed sector performance and weak market breadth. Momentum remains mildly positive but the index is still below its recent high.
Market Drivers
Energy and utilities are leading while technology shows modest gains, but overall breadth is negative with more decliners than advancers. The dollar and yields are elevated, which may be capping upside.
Trend Interpretation
The index is trading above its short- and medium-term moving averages, indicating a constructive trend, but momentum is neutral and the index is below its recent high.
Risk Factors
Weak market breadth and elevated yields could weigh on sentiment. A rise in volatility or a stronger dollar might pressure the index.
Bullish
If breadth improves and technology continues to lead, the index could push back toward its recent high and extend the uptrend.
Neutral
The index may remain range-bound as mixed sector performance and neutral momentum keep it near current levels.
Risk
A deterioration in breadth or a spike in volatility could lead to a pullback toward key moving averages.
Session: Midday
- Close
- 29,449.08
- Change
- -0.20%
- 1W Change
- 1.28%
- 20D Change
- -0.26%
- EMA20
- 29,373.70
- EMA50
- 29,219.34
- EMA200
- 27,539.82
- RSI (14)
- 51.9
- ATR (14)
- 366.78
- Volatility (20D)
- 12.86%
- Distance from 20D High
- -2.47%
- Advancers
- 2
- Decliners
- 9
- Volume
- 608,091,289
- VIX
- 16.31
- US10Y
- 4.85%
- DXY
- 98.74
Sector Leaders
The Nasdaq 100 is trading slightly lower at midday, showing a mild pullback after recent gains. Market breadth is weak, with decliners outpacing advancers.
Market Drivers
The move is driven by losses in some major tech names, while energy and technology sectors show relative strength. A cautious tone prevails amid mixed sector performance.
Trend Interpretation
The index remains above its key moving averages, indicating a longer-term uptrend, but short-term momentum is neutral as price hovers near the 20-day average.
Risk Factors
Key risks include elevated volatility and a recent rise in long-term yields, which could pressure growth stocks. Also, the weak breadth suggests limited participation in the rally.
Bullish
If the index holds above its short-term moving averages and buying interest returns, it could resume its upward trajectory, supported by strong sectors.
Neutral
The index may consolidate within a range, with mixed signals from momentum and breadth, as investors await clearer catalysts.
Risk
A break below key support levels could trigger further selling, especially if volatility spikes and yields continue to climb, leading to a deeper correction.