NASDAQ-100 Analysis
Short Term and Medium Term Outlook
As of December 30, 2025, the NASDAQ Combined Composite Index (COMPX) closed at 23,419.08, reflecting a decrease of 55.27 points. This analysis focuses on the short-term and medium-term outlook based on technical indicators and market sentiment.
Short Term Outlook
The NASDAQ-100 is currently in a rising trend channel, indicating increasing optimism among investors. However, a head and shoulders formation is developing, which could signal a potential reversal. Key technical levels to watch include:
- Support: 23,060
- Resistance: 23,660
A decisive break below the support level of 21,965, especially with increased volume, could lead to further declines. The overall assessment for the short term is slightly positive, with a recommendation to maintain a weak positive stance (Score: 44).
Medium Term Outlook
In the medium term, the index remains within a rising trend channel, suggesting continued investor optimism. However, it is currently testing resistance at 23,700, which could trigger a negative reaction if not surpassed. The Relative Strength Index (RSI) shows a downward trend, indicating a potential trend reversal. The medium-term outlook is assessed as neutral, with a recommendation to hold (Score: 25).
Key Technical Indicators
| Indicator | Value |
|---|---|
| Last Close | 23,419.08 |
| Year Low Rise | 53.39% |
| Year High Fall | -2.25% |
| Volatility (1 Day) | 0.97% |
| Volatility (5 Days) | 3.26% |
| Volatility (22 Days) | 8.42% |
| Volatility (66 Days) | 18.13% |
Conclusion
In summary, the NASDAQ-100 shows a mixed outlook in the short and medium term. While there is a prevailing upward trend, caution is advised due to the developing head and shoulders pattern and the testing of key resistance levels. Investors should monitor these technical indicators closely and consider a cautious approach in their trading strategies.