Technical Analysis: Stocks Stay Stuck | Internet News

Technical Analysis: Stocks Stay Stuck

Written By
Paul Shread
Paul Shread
Apr 12, 2005
1 minute read

The indexes remain stuck, but at least they’re holding support. The Nasdaq (first chart below) is clinging to its 200-day moving average. Resistance is 2015 and 2023, and support is 1985 and 1977. The Dow and S&P (second and third charts) continue to hang on above their main downtrend lines that the indexes broke out of last week. The Dow has support at 10,425, and resistance is 10,550. The S&P has support at 1175, and resistance is 1189 and 1194.

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. © 2026 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.