Source: Nasdaq 100 (QQQ) price data via market data feed
Data through: Sep 15, 2026 · updated Sep 15 · Updates: Daily, after market close
WThe three bars show the last 3 weeks for this indicator, oldest left to newest right. Bar height reflects each reading relative to the other two — the tallest is the highest of the three, the shortest the lowest.
Historical context: Currently in the 20th percentile — near historically low/favorable levels.
What this means right now: The Nasdaq 100 RSI is in balanced territory — tech momentum is neither extended nor depressed. No strong directional signal. Monitor other indicators for context.
Nasdaq 100 RSI · Daily · 1985–2026
Grey areas = NBER recessions · Scroll to read · zoom and pan in Expand
Monthly values
Nasdaq 100 RSI — the last 12 months
Every month's reading, with the band the heatmap gives it. The chart above shows the same series in full.
Month
Value
Band
Sep 2026
RSI: 43.9 (Neutral)
Within normal range
Aug 2026
RSI: 52.1 (Neutral)
Within normal range
Jul 2026
RSI: 45.0 (Neutral)
Within normal range
Jun 2026
RSI: 57.0 (Neutral)
Within normal range
May 2026
RSI: 77.0 (Overbought)
Severe/critical reading
Apr 2026
RSI: 72.7 (Overbought)
Severe/critical reading
Month-end readings of the same series the chart shows, from nasdaq100_rsi. Values are the current record, not point-in-time: a month that has since been revised shows its revised value.
What is the Nasdaq RSI?
The Nasdaq 100 RSI measures momentum in the 100 largest non-financial companies listed on the Nasdaq — the index dominated by mega-cap technology stocks like Apple, Microsoft, Nvidia, Amazon, and Meta. Because technology stocks tend to be more volatile than the broader market, the Nasdaq RSI reaches more extreme levels than the S&P 500 RSI, making it a useful gauge of tech-sector sentiment specifically.
The 200-day moving average on the Nasdaq 100 is particularly significant for growth investors. Tech stocks have historically been the first to break below their 200MA during risk-off periods (2000, 2008, 2022) and the first to recover above it when risk appetite returns. Watching whether the Nasdaq 100 is above or below its 200MA is one of the simplest ways to gauge overall market risk appetite.
How We Color-Code the Nasdaq RSI
Our heatmap colors each indicator based on historically significant thresholds:
RSI below 30
Oversold — tech fear at extremes, historically strong entry
RSI 30–40
Recovering — tech momentum rebuilding from weakness
When this indicator reaches extreme levels, history shows consistent patterns:
Mar 2020COVID Crash
RSI: 15.2 (Deeply Oversold)
Nasdaq 100 returned +95% over the next 12 months — the most powerful recovery in the index's history.
Nov 2021Tech Bubble Peak
RSI: 82.1 (Extreme Overbought)
Nasdaq 100 fell -35% over the following 12 months as the Fed began its fastest rate-hiking cycle since 1994.
Dec 2022Rate Hike Bottom
RSI: 28.4 (Oversold)
Nasdaq 100 returned +55% over the next 12 months as rate hike fears peaked and AI optimism emerged.
Investor Checklist — Current Reading
Based on the current Nasdaq RSI reading of RSI: 43.9 (Neutral) (Neutral):
ℹNeutral tech momentum — no strong signal in either direction
✓Maintain existing tech allocation without aggressive additions or reductions
ℹTech stocks are more sensitive to interest rate changes — watch Fed Funds Rate
Frequently Asked Questions
Why does the Nasdaq RSI reach more extreme levels than the S&P 500 RSI?
Technology stocks are inherently more volatile than the broader market because they are valued on future earnings growth, which is more sensitive to interest rates, sentiment, and economic expectations. This higher volatility means the Nasdaq 100 swings harder in both directions, producing more extreme RSI readings.
What is the Nasdaq 100 and how is it different from the Nasdaq Composite?
The Nasdaq 100 (QQQ) tracks the 100 largest non-financial stocks on the Nasdaq exchange, heavily weighted toward mega-cap tech. The Nasdaq Composite includes all 3,000+ stocks on the Nasdaq. The Nasdaq 100 is more concentrated and more widely traded — QQQ is one of the most liquid ETFs in the world.
Is a high Nasdaq RSI a signal to sell tech stocks?
Not necessarily. RSI above 70 signals elevated short-term risk but tech stocks can remain overbought for months in strong bull markets. The 2020-2021 tech bull run saw the Nasdaq RSI above 70 repeatedly. RSI is best used for sizing decisions and entry timing, not as a standalone sell trigger.
How does the 200-day moving average affect tech stock performance?
When the Nasdaq 100 is above its 200MA, institutional investors generally treat it as a bull market and remain invested. Below the 200MA triggers defensive positioning and systematic selling from trend-following funds. This self-fulfilling dynamic makes the 200MA a powerful technical level that often acts as support or resistance.
Should I use the Nasdaq RSI or S&P 500 RSI for timing my investments?
Both together provide more insight than either alone. The S&P 500 RSI reflects the broad market; the Nasdaq RSI reflects risk appetite specifically. When both are oversold simultaneously, it is one of the strongest long-term buy signals available. When both are overbought, it signals broad market excess.
Trending Questions
AI context · refreshed August 18, 2026
What investors are searching about this indicator right now, answered using current news and data.
1What does a Nasdaq 100 RSI of 52.2 mean for the market?
An RSI of 52.2 suggests the Nasdaq 100 is in neutral territory, indicating the index is neither overbought nor oversold at current levels.
2Is the Nasdaq 100 above or below its 200-day moving average right now?
The Nasdaq 100 200-day moving average stands at 29,110.11, suggesting a Buy signal, and with the index trading around 29,600-29,700 in recent sessions, it is currently positioned above this key longer-term support level.
3What is the recent price action telling us about the Nasdaq 100?
The Nasdaq 100 is trading around 29,670, pulling back sharply after the recent bullish phase failed to sustain momentum above the 30,000-30,300 region, with the daily chart showing the index retreating from its August recovery highs and returning to critical support around 29,500-29,700.
4Are there conflicting signals between different technical indicators on Nasdaq 100?
The Nasdaq 100's MACD is suggesting a Buy at 68.570, the 50-day moving average at 29,823.62 suggests a Buy, and the 200-day moving average at 29,110.11 also suggests a Buy, though these are offset by the neutral RSI reading at 52.2.
5What technical support level should investors watch on the Nasdaq 100?
The daily chart shows the index returning to a critical higher-timeframe support area around 29,500-29,700, with the impulsive decline having strengthened short-term bearish momentum, though latest candles show early stabilization around 29,600-29,700, making this support region critical for the next directional move.