Score 9.2 (out of 10): NASDAQ INC sets up for +12.2% rally in 3 months

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What’s Going On Here?

Founded in 1971, Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States. The company generates $5.6bn in revenues per year.

Why Now?

NASDAQ INC has triggered a new price range signal. During similar occasions, NASDAQ INC shares had a median return of +12.2%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for NASDAQ INC received a high score of 9.2 (out of 10). This insight was generated on 2022-March-18 with last price of 179.23.

What’s This Company About?

NASDAQ INC is in the Finance-Other Services business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: NDAQ US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 201.19 (+12.2%) has been reached. Based on NASDAQ INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 173.53 (last price at 179.23), which is equivalent to a -3.2% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

5.3% (August-2021), 13.4% (June-2021), 13.4% (April- 2021), 13.6% (December-2020), 11.6% (October-2020), 0.3% (July-2020), 13.4% (May-2020), 1.8% (January-2020), 12.9% (November-2019), 2.6% (September-2019).

Historical Chart:

Summary:

NameNASDAQ INC
ViewUp
Star (1 to 10)9.2
Target+12.2%
Time3 months
Hit Rate100%

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