NASDAQ-100 Analysis

Current Overview

As of January 7, 2026, the NASDAQ Combined Composite Index (COMPX) closed at 23,584.27, reflecting a gain of +37.10 points. The index has shown a significant rise of 54.47% from its year low, while it is -1.56% from its year high.

Short Term Outlook

The NASDAQ-100 is currently in a rising trend channel, indicating positive market sentiment and increasing buy interest among investors. The index is testing resistance at 23,630. A breakthrough above this level would signal further upward momentum, while a failure to break through could lead to a negative reaction.

The Relative Strength Index (RSI) is showing a rising trend, supporting the positive outlook. However, the overall assessment for the short term is considered technically neutral.

Recommendation (1 to 6 weeks): Hold (Score: 17)

Medium Term Outlook

In the medium term, the NASDAQ-100 has broken the floor of its rising trend channel, indicating a potential weakening of the upward momentum. A head and shoulders formation is developing, which is typically a bearish signal. The index is currently testing resistance at 23,700, and a decisive break below the support level of 21,943 could signal further declines, especially if accompanied by increased volume.

The RSI is showing negative divergence against the price, suggesting a potential downward reaction. The overall assessment for the medium term is also considered technically neutral.

Recommendation (1 to 6 months): Hold (Score: 0)

Key Technical Indicators

Indicator	Price	Objective
High-RSI	25,402.65	-
Last Close	23,584.27	-
Short Term Trading Range	23,235.63	-
Long Term Trading Range	22,693.32	-
Head and Shoulders Pattern	21,942.95	20,252.65
Low-RSI	21,638.00	-

Conclusion

The NASDAQ-100 is currently experiencing a mixed outlook. While the short-term trend remains positive, the medium-term indicators suggest caution due to potential bearish formations. Investors are advised to hold their positions and monitor key resistance and support levels closely.