NASDAQ 100 Index Live Chart

NASDAQ 100 Index Technical Analysis

About Nasdaq 100 Index

The NASDAQ-100 is a stock market index of 100 of the most actively traded U.S companies listed on the Nasdaq stock exchange. The two biggest stock exchanges in the United States are the NYSE (New York Stock Exchange), founded in 1792, and the Nasdaq founded in 1971. Nasdaq was created by the National Association of Securities Dealers (NASD) which enables investors to trade in stock market.

The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology. The Nasdaq-100 Index is calculated under a modified capitalization-weighted methodology. The methodology is expected to retain in general the economic attributes of capitalization-weighting while providing enhanced diversification. To accomplish this, Nasdaq will review the composition of the Nasdaq-100 Index on a quarterly basis and adjust the weightings of Index components using a proprietary algorithm, if certain pre-established weight distribution requirements are not met.

To be included in the Nasdaq 100, an index security must be listed completely on a Nasdaq exchange. This can include ordinary shares, ADRs, common stocks and tracking stocks. In fact, 27 countries are tied to companies represented in the index. Other grounds for inclusion comprise market capitalization and liquidity. While there is no minimum prerequisite for market capitalization, the index itself represents the top 100 largest companies listed on the Nasdaq.