Large Inflow of Money Witnessed in The NASDAQ OMX Group

The NASDAQ OMX Group (NDAQ): $0.5 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 2.61. The value of trades done on upticks was $0.81 million, whereas, trades done on downticks were valued at $0.31 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0 million. The NASDAQ OMX Group (NDAQ) fell $0.11 traded at $64.64, a change of -0.16% over the previous day. The stock is -0.21% for the week.


The NASDAQ OMX Group (NDAQ) stock is expected to deviate a maximum of $5.3 from the average target price of $70.46 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $76 and the most muted being $58. The stock has recorded a 20-day Moving Average of 1.16% and the 50-Day Moving Average is 1.57%.

The NASDAQ OMX Group (NASDAQ:NDAQ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $64.85 and $64.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $64.92, notching a gain of 0.28% for the day. The total traded volume was 712,286 . The stock had closed at $64.74 on the previous day.

Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.