Nasdaq 100 Daily Analysis — 2026-09-18
Session: ClosingLatest
- Close
- 29,644.17
- Change
- 0.67%
- 1W Change
- 0.94%
- 20D Change
- 1.48%
- EMA20
- 29,310.16
- EMA50
- 29,222.17
- EMA200
- 27,631.41
- RSI (14)
- 55.8
- ATR (14)
- 380.52
- Volatility (20D)
- 13.46%
- Distance from 20D High
- -0.37%
- Advancers
- 2
- Decliners
- 9
- Volume
- 2,486,293,000
- VIX
- 14.81
- US10Y
- 5.00%
- DXY
- 100.19
Sector Leaders
The Nasdaq 100 closed modestly higher, with technology and industrials leading while financials lagged slightly. Market breadth was weak, with far more decliners than advancers despite the index gain.
Market Drivers
The move was driven by strength in technology and industrials, while financials were roughly flat. Volatility remained subdued and the dollar was stable, supporting risk appetite.
Trend Interpretation
The index remains above its short- and medium-term moving averages, and well above its long-term average, indicating a constructive trend. Momentum is positive but not overbought, and the index is near its recent high.
Risk Factors
Weak market breadth and a slight pullback from the recent high are cautionary signs. Elevated Treasury yields and a firm dollar could pressure valuations if they persist.
Bullish
In a bullish scenario, the index could extend gains if technology leadership broadens and breadth improves, with volatility staying low and yields stabilizing.
Neutral
In a neutral scenario, the index may consolidate near current levels, digesting recent gains while moving averages provide support and breadth remains mixed.
Risk
In a risk scenario, a deterioration in breadth or a rise in volatility could trigger a pullback toward short-term moving averages, especially if yields climb further.
Session: Premarket
- Close
- 29,430.83
- Change
- -0.06%
- 1W Change
- 0.21%
- 20D Change
- 0.75%
- EMA20
- 29,289.84
- EMA50
- 29,213.80
- EMA200
- 27,629.29
- RSI (14)
- 52.6
- ATR (14)
- 371.74
- Volatility (20D)
- 13.28%
- Distance from 20D High
- -1.08%
- Advancers
- 1
- Decliners
- 9
- Volume
- 641,242,265
- VIX
- 15.21
- US10Y
- 5.00%
- DXY
- 100.36
Sector Leaders
Nasdaq 100 is little changed in premarket, holding a mild positive bias over the past week and month. Market breadth is weak, with decliners far outpacing advancers.
Market Drivers
Sector performance is mixed, with energy slightly higher while technology is flat and financials slightly lower. The move appears driven by rotation rather than a broad directional catalyst.
Trend Interpretation
The index remains above its short- and medium-term moving averages, and well above its long-term average, indicating a constructive trend structure. Momentum is neutral, with RSI near the middle of its range.
Risk Factors
Weak market breadth and elevated Treasury yields pose risks to the rally's sustainability. Volatility is moderate, but a pickup could pressure high-multiple sectors.
Bullish
In a bullish scenario, the index could build on its position above key moving averages, with improving breadth and stabilizing yields supporting further upside.
Neutral
In a neutral scenario, the index may continue to trade in a range, consolidating recent gains while awaiting clearer directional signals.
Risk
In a risk scenario, deteriorating breadth and rising yields could trigger a pullback toward short-term moving averages, with volatility expanding.
Session: Midday
- Close
- 29,441.36
- Change
- -0.02%
- 1W Change
- 0.25%
- 20D Change
- 0.78%
- EMA20
- 29,290.84
- EMA50
- 29,214.21
- EMA200
- 27,629.39
- RSI (14)
- 52.8
- ATR (14)
- 374.27
- Volatility (20D)
- 13.27%
- Distance from 20D High
- -1.05%
- Advancers
- 0
- Decliners
- 11
- Volume
- 769,325,488
- VIX
- 15.42
- US10Y
- 5.00%
- DXY
- 100.29
Sector Leaders