NASDAQ OMX (NASDAQ:NDAQ) traded today at a new 52-week high of $50.37. So far today approximately 520,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Potential upside of 2.1% exists for NASDAQ OMX, based on a current level of $50.23 and analysts' average consensus price target of $51.31. The stock should discover initial support at its 50-day moving average (MA) of $47.43 and subsequent support at its 200-day MA of $42.61.
Over the past year, NASDAQ OMX has traded in a range of $33.49 to $50.37 and is now at $50.23, 50% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across multiple continents. The Exchange's offerings include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services.