Nasdaq 100 drops as selling pressure increases below key moving averages

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Nasdaq 100 slides 1.58% to 23213.47

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Dmytro Kharkov

27.03.2026

Nasdaq 100 drops as selling pressure increases below key moving averages — Nasdaq 100 slides 1.58% to 23213.47

Nasdaq 100 (NASDAQ 100) is trading at $23,213.47 after slipping 1.58% today. The index trades well below the SMA-20 ($24,564.41), SMA-50 ($24,969.02), and SMA-200 ($24,404.72), underscoring persistent selling pressure across all major timeframes.

NDX price prediction

24H -1.12%

30152.36

48H -0.7%

30278.96

7D -0.18%

30437.34

1M 9.23%

33305.97

3M 18.24%

36055.23

6M 28.77%

39264.86

12M 34.47%

41002.28

Detailed

Current price: $ 30492.45 -78.7900 0.26%

Real-time Data 15:11

Daily range 30094.63

30540.66

Weekly range 30213.38

30762.20

Highlights

NASDAQ 100 trades well below short-, medium-, and long-term moving averages, underscoring a sustained bearish trend.
Bearish momentum dominates as momentum and trend indicators signal continued seller control and limited upside probability.
Expected range for next week is 22,700 to 23,700, with sharp downside risk if support at 22,700 breaks.

Momentum deteriorates as oversold signals and volatility intensify

Momentum signals from MACD and ADX both indicate a bearish trend, with MACD negative and ADX at 25.01 confirming downside momentum. RSI registers at 34.80 and, along with CCI and Stoch RSI, signals oversold conditions, suggesting the market may be stretched to the downside in the near term. Bull/Bear Power is strongly negative, forecasting continued seller dominance; the Awesome Oscillator also supports the ongoing bearish momentum. The current price is near today’s low of $23,260.02, pointing to high intraday volatility and persistent selling pressure, with the nearest Ichimoku Kijun resistance at $24,462.28.

Limited rebound odds as volatility range guides near-term direction

For the coming week, Nasdaq 100 is expected to trade within a $22,700 to $23,700 range, reflecting a typical volatility band relative to current levels. The probability of a meaningful price increase is low (less than 20%), while the likelihood of further decline remains higher. The baseline outlook is for continued sideways movement in a volatile range. A bullish scenario would require a decisive move above $24,462 immediate resistance, while breaking below $22,700 could trigger an accelerated sell-off.

Anton Kharitonov, expert at Traders Union, sees the Nasdaq 100 locked in a bearish pattern across multiple timeframes. Indicators confirm persistent selling and oversold readings, while resistance at 24,462 remains a decisive level. He maintains a cautious outlook given weak momentum and low probability of a sustained rebound. "Base case is sideways or further down—until the index reclaims 24,462, I stay defensive on risk."

Earlier, analysts noted that the Nasdaq 100 was experiencing persistent bearish momentum with strong selling pressure across multiple technical indicators. The latest data reinforce this negative outlook, and traders should now watch for heightened volatility around the $22,700 level, where a breakdown could intensify the ongoing downtrend.

Source of Data: NDX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.