- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
- Next-week expectancy is positive at 57.60% based on similar historical setup states.
NDAQ
NASDAQ
Week ended 24 Jul 2026
Weekly Investor Report
Nasdaq Inc · Financial Services · Financial Data & Stock Exchanges
Latest close
92.09 USD
0.5%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 4.1% above the Trend Line and sits at 63.3% of its 52-week range. The latest completed week returned 0.5%, after a 17.2% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers. Options positioning is mixed with 36/100 conviction, while the latest news-sentiment score is 50/100. Near-term considerations: earnings are due in 84d.
Setup score
55
out of 100
Latest Close
92.09 USD
24 Jul 2026
1W Return
0.5%
latest completed week
4W Return
17.2%
short-term follow-through
12W Return
1.2%
quarterly tape
Trend Breadth
42.3%
22 of 52 weeks active
Volume Ratio
1.0x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
0.5%
Latest completed week; four-week move 17.2%.
Indicator stack
23/66
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 57.60%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Mixed
36/100 conviction; expected move 4.8%.
News sentiment
50/100
60 relevant articles in the latest sentiment read.
Event risk
84d
Next report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is 4.1% above the Trend Line and sits at 63.3% of its 52-week range. The latest completed week returned 0.5%, after a 17.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
30 Jan
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.3612-week average 0.31
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.36Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 17.2% over four weeks, 1.2% over 12 weeks, and -1.7% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year22
Trend breadth42.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.30Latest activity-pressure read.
Pressure change134.7%Four-week change in activity pressure.
Leadership-5.81Latest relative-leadership reading.
RS change75.4%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers.
Factor week 26 Jul 2026
Financial statements through 31 Dec 2025
Field coverage 97%
Model confidence 97%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength19/100Blend of value, momentum, and quality. Underlying universe rank 82; rank 1 is best.
Value12/100Relative valuation strength. Underlying universe rank 89; rank 1 is best.
Quality94/100Profitability and accounting quality. Underlying universe rank 7; rank 1 is best.
Momentum22/100Medium-term price momentum. Underlying universe rank 79; rank 1 is best.
Growth79/100Revenue and earnings growth. Underlying universe rank 22; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework43/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 26.2x Price divided by trailing earnings.
- Price / sales
- 5.9x Market value relative to trailing revenue.
- EV / EBITDA
- 18.9x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 4.2% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 59.4% Gross profit retained from each unit of revenue.
- Operating margin
- 29.2% Operating profit retained from revenue.
- Free-cash-flow margin
- 29.2% Free cash flow generated from revenue.
- Return on invested capital
- 9.9% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 7.3% Latest one-year revenue growth.
- EPS growth
- 30.5% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- -1.6% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 9/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 1.2% Cash dividends relative to market value.
- Buyback yield
- 2.5% Net share repurchases relative to market value.
- Shareholder yield
- 3.7% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 2.7x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningMixed
NDAQ shows mixed options pressure with a 36/100 conviction score, put-call volume ratio of 1.25, expected move of 4.8%, and Sharemaestro trend signal inactive.
Conviction36/100
Expected move4.8%
Put/call volume1.25
Insider activity12 / 8
12 acquisitions and 8 disposals in the latest 180-day insider tape.
Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.News sentiment50/100
Weighted news tone is neutral across 60 relevant articles.
13 positive · 39 neutral · 8 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings84dNext report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
Options expected move4.8%Nearest-chain priced movement where available.
52-week drawdown-8.9%Distance below the 52-week high.
13-week volatility4.2%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher15 of 2611 weeks finished lower.
Best week+7.8%Week of 3 Jul.
Worst week-12.4%Week of 6 Feb.
Latest week+0.5%Week of 24 Jul.
Shape of recent returns
Strong gains6
Modest gains9
Flat weeks0
Modest losses4
Sharp losses7
Recent vol4.2%13-week weekly-return volatility.
Base vol3.8%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew2.6% / -3.2%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Financial Services
4-week rank7 / 100
Group average5.2%
Trend breadth58.0%
Trend58.0%active weekly trend signals
MD88.0%positive activity pressure
RS52.0%positive relative leadership
Four-week leaders
IndustryUS Financial Data & Stock Exchanges
4-week rank4 / 14
Group average9.5%
Trend breadth21.4%
Trend21.4%active weekly trend signals
MD64.3%positive activity pressure
RS7.1%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape49/100
Trend, activity pressure, participation, and risk combine to a 49/100 tape read.
Indicator analysis31/100Latest 12-week confirmation: trend 0/12, activity pressure 9/12, relative leadership 0/12.
Activity pressure 0.36; No reversal markers Next-Week ExpectancyPositive 57.60%Next-week expectancy is positive with a 57.60% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors37/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 20 SVQF43/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 412.5 of 725 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options52/100NDAQ shows mixed options pressure with a 36/100 conviction score, put-call volume ratio of 1.25, expected move of 4.8%, and Sharemaestro trend signal inactive.
Mixed · Options-market disagreement · Expected move 4.8% Sentiment50/100Weighted news tone is neutral across 60 relevant articles.
Nasdaq (NASDAQ:NDAQ) Insider Pc Nelson Griggs Sells 6,777 Shares Insiders12 / 812 acquisitions and 8 disposals in the latest 180-day insider tape.
Earnings84dNext report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 92.09 USD | 0.5% | 88.43 USD | 73.63 USD | 0.30 | -5.81 | 18.9M | Off |
| 17 Jul 2026 | 91.64 USD | 4.0% | 88.65 USD | 73.35 USD | 0.14 | -8.15 | 24.5M | Off |
| 10 Jul 2026 | 88.08 USD | 4.0% | 88.75 USD | 73.08 USD | -0.02 | -15.69 | 18.7M | Off |
| 3 Jul 2026 | 84.66 USD | 7.8% | 88.91 USD | 72.82 USD | -0.01 | -17.92 | 20.7M | Off |
| 26 Jun 2026 | 78.56 USD | -4.5% | 89.08 USD | 72.58 USD | 0.13 | -23.60 | 31.9M | Off |
| 19 Jun 2026 | 82.24 USD | -7.6% | 89.46 USD | 72.38 USD | 0.30 | -24.12 | 24.7M | Off |
| 12 Jun 2026 | 88.98 USD | 2.3% | 89.61 USD | 72.16 USD | 0.44 | -16.27 | 12.5M | Off |
| 5 Jun 2026 | 86.98 USD | -5.7% | 89.52 USD | 71.91 USD | 0.58 | -16.67 | 20.3M | Off |
| 29 May 2026 | 92.20 USD | 1.7% | 89.50 USD | 71.70 USD | 0.48 | -16.04 | 13.1M | Off |
| 22 May 2026 | 90.69 USD | -0.1% | 89.25 USD | 71.46 USD | 0.35 | -15.40 | 15.1M | Off |
| 15 May 2026 | 90.74 USD | 2.4% | 89.15 USD | 71.21 USD | 0.12 | -14.68 | 13.9M | Off |
| 8 May 2026 | 88.60 USD | -2.6% | 89.05 USD | 70.97 USD | -0.14 | -17.25 | 18.1M | Off |
| 1 May 2026 | 91.00 USD | 1.6% | 89.03 USD | 70.74 USD | -0.38 | -10.74 | 16.0M | Off |
| 24 Apr 2026 | 89.59 USD | 1.5% | 88.89 USD | 70.49 USD | -0.61 | -11.03 | 18.2M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.