The NASDAQ OMX Group (NDAQ) : Traders are bullish on The NASDAQ OMX Group (NDAQ) as it has outperformed the S&P 500 by a wide margin of 0.66% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.18%, relative to the S&P 500. The stock has risen by 0.71% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.38% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 0.24%.The 200 Day SMA reached 9.43% Nasdaq, Inc. is up 9.26% in the last 3-month period. Year-to-Date the stock performance stands at 21.04%.
The NASDAQ OMX Group (NDAQ) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $79 and the lowest price target forecast is $68. The average forecast of all the analysts is $74.8 and the expected standard deviation is $3.52.
For the current week, the company shares have a recommendation consensus of Buy. The NASDAQ OMX Group (NASDAQ:NDAQ): stock was range-bound between the intraday low of $68.65 and the intraday high of $69.62 after having opened at $69.11 on Fridays session. The stock finally closed in the red at $69.11, a loss of -0.07%. The stock remained in the red for the whole trading day. The total traded volume was 959,253 shares. The stock failed to cross $69.62 in Fridays trading. The stocks closing price on Thursday was $69.52.
Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.