SHARE
Facebook X Pinterest WhatsApp

Technical Analysis: Nasdaq Nears Multi-year High

Written By
thumbnail
Paul Shread
Paul Shread
Jul 21, 2005

The Nasdaq (first chart below) is approaching levels it hasn’t seen since mid-2001; above 2191-2200, 2251 and 2328 are very significant levels. Support is 2173-2175, 2164, 2150-2154 and 2144. The S&P (second chart) also needs a monthly chart at this point, and from that it appears that 1244-1250 is the next big hurdle. Support is 1229-1233, 1225-1226, 1223-1224, 1220 and 1217. The Dow (third chart) is finally getting somewhere. The next resistance levels are 10,700 and 10,750, and support is 10,650-10,673, 10,600 and 10,565-10,580.

Recommended for you...

U.S. Needs to Protect Tech Leadership: Qualcomm
Rob Enderle
Apr 8, 2022
HP’s ExtendXR Service Gets an Early Lead on a Looming Metaverse Problem
Rob Enderle
Mar 5, 2022
Cisco’s Purpose Is to Improve the World. Imagine if Others Followed.
Rob Enderle
Dec 17, 2021
HP Builds an Advanced Cloud Workstation for the Metaverse
Rob Enderle
Nov 13, 2021
Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.