Nasdaq (NDAQ) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for NDAQ · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$93.62last close · Aug 4, 202652-week range $76.55 – $101.78 · 8.02% below the high

NDAQ Rising Wedge Pattern

NDAQ is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $85.34 (−6.8%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; NDAQ's own rising wedges have hit 40.9%.

DirectionBearishTarget$85.34Projected move−6.8%Breakout level$91.25

New to this pattern? What a rising wedge is and how to trade it →

NDAQ's Most Recent Rising Wedge Trade

NDAQ's most recent completed rising wedge resolved as a win: it broke down on Jun 2, 2026 near $90.83, then reached its target at $85.34 on Jun 17, 2026 — a +1.76R move (6.0%) over 11 sessions. Across 86 backtested rising wedges, this setup wins 51.2% of the time.

OutcomeWinResult+1.76REntry$90.83Exit$85.34

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
NDAQ win rate
40.9%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

NDAQ Pattern Trade History

Every completed pattern trade our nightly backtest found on NDAQ's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 2, 2026 @ $90.83Jun 17, 2026 @ $85.34Win+1.76R
TriangleApr 23, 2026 @ $88.73Jun 17, 2026 @ $83.29Loss-1.41R
Rising WedgeJan 20, 2026 @ $99.00Jan 30, 2026 @ $95.85Win+1.14R
TriangleDec 9, 2025 @ $90.20Dec 31, 2025 @ $97.13Win+2.87R
Falling WedgeNov 24, 2025 @ $88.23Dec 31, 2025 @ $97.13Win+2.56R
Falling WedgeNov 10, 2025 @ $87.70Dec 31, 2025 @ $97.13Win+3.52R
TriangleOct 29, 2025 @ $87.20Dec 11, 2025 @ $93.85Loss-1.16R
Rising WedgeApr 12, 2024 @ $61.95Apr 25, 2024 @ $58.24Win+1.61R
Rising WedgeFeb 1, 2024 @ $56.46Mar 19, 2024 @ $62.46Loss-1.41R
Rising WedgeJan 2, 2024 @ $56.94Jan 23, 2024 @ $58.38Loss-1.01R
Rising WedgeNov 28, 2022 @ $66.73Nov 30, 2022 @ $68.46Loss-4.44R
TriangleJul 20, 2022 @ $54.18Aug 19, 2022 @ $62.37Win+2.24R

NDAQ Support and Resistance Levels

Price is being turned away at a ceiling near $96.46 and starting to slide. On the weekly chart, the next floor below sits near $87.67 — about 6% away.

  • Traders commonly watch $87.67 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $96.46 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $78.47, resistance near $94.07. These are chart/swing-derived levels, not formula pivots.

Resistance
$94.07$96.46$104.31
Support
$78.47$77.76$77.57$76.96$76.28

NDAQ Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$93.28$94.82$93.27$93.62
Aug 3, 2026$94.94$95.32$93.28$94.14
Jul 31, 2026$94.46$95.17$93.81$94.19
Jul 30, 2026$95.08$95.74$93.26$95.16
Jul 29, 2026$95.50$96.87$95.35$95.55
Jul 28, 2026$94.51$96.77$93.52$95.96
Jul 27, 2026$93.12$94.23$91.04$93.94
Jul 24, 2026$91.48$92.93$90.84$92.09
Jul 23, 2026$93.06$93.58$90.10$90.42
Jul 22, 2026$90.78$91.86$90.25$90.90

NDAQ Frequently Asked Questions

What chart pattern is NDAQ forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Nasdaq (NDAQ) on the daily chart, with a measured-move target of $85.34.
Is a rising wedge bullish or bearish?
The rising wedge detected on NDAQ is a bearish pattern, projecting a measured-move target of $85.34. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for NDAQ?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), NDAQ's nearest support is around $78.47 and nearest resistance around $94.07.
What is the price target if NDAQ's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $85.34 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NDAQ's closing price on Aug 4, 2026?
Nasdaq (NDAQ) last closed at $93.62 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.