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Nasdaq Up 19.7% Since SmarTrend Uptrend Call (COMP)

By Amy Schwartz

SmarTrend identified an Uptrend for Nasdaq (NASDAQ:COMP) on June 1st, 2016 at $4,941.09. In approximately 11 months, Nasdaq has returned 19.75% as of today's recent price of $5,916.78.

In the past 52 weeks, shares of Nasdaq have traded between a low of $4209.76 and a high of $5936.39 and are now at $5916.78, which is 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

The NASDAQ Composite Index is a broad-based capitalization-weighted index of stocks in all three Nasdaq tiers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nasdaq shares.

Log in and add Nasdaq (COMP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nasdaq

Ticker(s): COMP