Nasdaq 100 Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 29,308.86
- Change
- 0.33%
- 1W Change
- -2.45%
- 20D Change
- 4.20%
- EMA20
- 29,360.91
- EMA50
- 29,131.56
- EMA200
- 27,271.12
- RSI (14)
- 50.0
- ATR (14)
- 463.09
- Volatility (20D)
- 22.48%
- Distance from 20D High
- -2.94%
- Advancers
- 8
- Decliners
- 3
- Volume
- 1,125,709,000
- VIX
- 15.11
- US10Y
- 4.74%
- DXY
- 98.83
Sector Leaders
The index closed slightly higher, showing a mild recovery after a weekly decline, with mixed momentum signals.
Market Drivers
Gains in materials, healthcare, and consumer discretionary sectors provided support, while a few large-cap decliners weighed on the broader market.
Trend Interpretation
Price is hovering near its short-term moving average but below the recent high, indicating a consolidation phase with neutral momentum.
Risk Factors
Elevated volatility and a narrowing market breadth suggest vulnerability to sudden shifts in sentiment.
Bullish
If buying interest broadens and the index reclaims recent highs, it could resume its medium-term uptrend.
Neutral
The index may continue to oscillate within a range, with alternating sessions of gains and losses as investors digest mixed signals.
Risk
A break below key support levels could trigger further downside, especially if volatility spikes and defensive sectors underperform.
Session: Premarket
- Close
- 29,213.16
- Change
- -0.72%
- 1W Change
- -2.90%
- 20D Change
- 2.67%
- EMA20
- 29,366.39
- EMA50
- 29,124.33
- EMA200
- 27,244.94
- RSI (14)
- 48.7
- ATR (14)
- 478.51
- Volatility (20D)
- 22.99%
- Distance from 20D High
- -3.25%
- Advancers
- 2
- Decliners
- 9
- Volume
- 8,244,680,000
- VIX
- 15.41
- US10Y
- 4.69%
- DXY
- 98.74
Sector Leaders
The index is trading lower in the premarket, showing a modest pullback after a recent uptrend. Market breadth is weak, with decliners outnumbering advancers.
Market Drivers
The move is driven by broad-based selling, particularly in the healthcare and technology sectors, while energy and real estate show slight resilience. Overall risk sentiment appears cautious.
Trend Interpretation
The index is hovering near its medium-term moving averages, indicating a consolidation phase. Momentum has turned slightly negative, but the longer-term trend remains intact.
Risk Factors
Key risks include a potential breakdown below the medium-term support, rising volatility, and a continued deterioration in market breadth. A weaker dollar and higher bond yields could add pressure.
Bullish
In a bullish scenario, the index could find support at current levels and resume its upward trajectory, driven by strength in defensive sectors and a stabilization in market breadth.
Neutral
In a neutral scenario, the index may remain range-bound, oscillating around its moving averages as investors await clearer directional catalysts.
Risk
In a risk scenario, a sustained decline could lead to a deeper correction, with the index testing lower support levels as selling pressure intensifies.
Session: Midday
- Close
- 29,335.33
- Change
- 0.42%
- 1W Change
- -2.37%
- 20D Change
- 4.29%
- EMA20
- 29,363.43
- EMA50
- 29,132.60
- EMA200
- 27,271.39
- RSI (14)
- 50.3
- ATR (14)
- 463.09
- Volatility (20D)
- 22.49%
- Distance from 20D High
- -2.85%
- Advancers
- 9
- Decliners
- 2
- Volume
- 614,048,946
- VIX
- 15.30
- US10Y
- 4.73%
- DXY
- 98.81
Sector Leaders
The index is trading slightly higher in midday action, showing a mild recovery after a weak weekly performance. Market breadth is positive, with advancing stocks outnumbering decliners.
Market Drivers
Gains are led by materials, healthcare, and consumer discretionary sectors, while a few large-cap names are experiencing sharp moves. Overall sentiment appears cautiously optimistic.
Trend Interpretation
Price is hovering near its short-term moving average, indicating a consolidation phase. Momentum is neutral, with the index neither strongly overbought nor oversold.
Risk Factors
Key risks include elevated volatility and a recent pullback from highs. A decline in market breadth or a break below key support could signal further weakness.
Bullish
In a bullish scenario, the index could build on today's gains, reclaiming recent highs as sector leadership broadens and momentum turns positive.
Neutral
In a neutral scenario, the index may continue to trade sideways, oscillating around its moving averages as investors await fresh catalysts.
Risk
In a risk scenario, a deterioration in market breadth or a spike in volatility could lead to a retest of lower support levels, extending the recent pullback.