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Technical Analysis
- 11/23/2009 8:48:07 AM
By Chip Brian, SmarTrend Analytics Team
NASDAQ OMX (NASDAQ:NDAQ) upgraded to Buy from Neutral at Goldman. The stock closed Friday at $18.97 on volume of 2,865,368 shares, above average daily volume of 2,673,535.
NASDAQ OMX is currently below its 50-day moving average of $20.04 and below its 200-day moving average of $20.42.
SmarTrend is bearish on shares of NDAQ and our subscribers received a Downtrend alert on October 02, 2009 at $19.98, which has returned 5.1% to date.
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