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NASDAQ Biotechnology

Check the daily chart of NASDAQ Biotechnology. The closing price of 2023-01-31 was USD 4,361 per share.

NASDAQ Biotechnology Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

NASDAQ Biotechnology Daily Moving Averages ChartNASDAQ Biotechnology Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of NASDAQ Biotechnology:

    NASDAQ Biotechnology Daily Moving Average Convergence/Divergence (MACD) ChartNASDAQ Biotechnology Daily Moving Average Convergence/Divergence (MACD) Chart
    1.3 Directional Movement Index (DMI)

    The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

    The ADX helps you determine the strength of a trend. Let's take a look of the ADX of NASDAQ Biotechnology:

    • The ADX is .
    • The ADX is declining, there is no upcoming trend indication. -1
    • The +DI crossed the -DI to the downside. The trend is reversing to a down trend. -1
    NASDAQ Biotechnology Daily Directional Movement Index (DMI) ChartNASDAQ Biotechnology Daily Directional Movement Index (DMI) Chart
    1.4 Parabolic SAR

    Shows the current trend and potential entry and exit signals.

    • Parabolic SAR (stop and reverse) is a lagging trend indicator.
    • Shows the current trend.
    • Shows potential entry signals.
    • Shows  potential exit signals.
    • Can be used to place trailing stoplosses..
  • The price has crossed the Parabolic SAR to the upside. The trend is reversing to an up trend. +1
  • NASDAQ Biotechnology Daily Parabolic SAR ChartNASDAQ Biotechnology Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    • The RSI is below 30 and oversold. +2
    NASDAQ Biotechnology Daily Relative Strength Index (RSI) ChartNASDAQ Biotechnology Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    NASDAQ Biotechnology Daily Stochastic Oscillator ChartNASDAQ Biotechnology Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    NASDAQ Biotechnology Daily Commodity Channel Index (CCI) ChartNASDAQ Biotechnology Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    NASDAQ Biotechnology Daily Chande Momentum Oscillator (CMO) ChartNASDAQ Biotechnology Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    NASDAQ Biotechnology Daily Williams %R ChartNASDAQ Biotechnology Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    NASDAQ Biotechnology Daily Bollinger Bands ChartNASDAQ Biotechnology Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    NASDAQ Biotechnology Daily Average True Range (ATR) ChartNASDAQ Biotechnology Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    NASDAQ Biotechnology Daily On-Balance Volume (OBV) ChartNASDAQ Biotechnology Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    NASDAQ Biotechnology Daily Money Flow Index (MFI) ChartNASDAQ Biotechnology Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for NASDAQ Biotechnology.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
    2023-01-24STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    CCI LONG ENTRY SHORT CLOSE100 crossover to upside
    MFI80 crossover to upside
    2023-01-27SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE
    MFI80 crossover to downside

    5.2. Technical Score

    Let's check the technical score of NASDAQ Biotechnology based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    OpenGreater thanClose4,313.190
    Total0/1 (0.0%)

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