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 0.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.16%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.67% in the last 1 week, and is up 0.69% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.63% and the 50-Day Moving Average is 4.63%.The 200 Day SMA reached 13.34%. Nasdaq, Inc. is up 10.59% in the last 3-month period. Year-to-Date the stock performance stands at 24.29%.
The NASDAQ OMX Group (NASDAQ:NDAQ): After opening at $71.88, the stock dipped to an intraday low of $71.27 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.92 and the buying power remained strong till the end. The stock closed at $71.67 for the day, a gain of 0.04% for the day session. The total traded volume was 461,383. The stocks close on the previous trading day was $71.64.
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.