Nasdaq 100 reaches overbought status as SpaceX index weight set to increase
The Nasdaq 100 index recently reached an overbought state, with its Relative Strength Index (RSI) hitting 81 at a level of 30,788. This market condition coincides with an anticipated increase in SpaceX's weight within the Nasdaq 100 to 2.82% during an upcoming quarterly rebalance. Both developments were reported by Investing.com, with the SpaceX rebalance citing Bloomberg as its source.
2 articles from 1 outlet covered this story. The underlying claim is sourced from a press release.
What do all outlets agree on?
1 outlet covered “Nasdaq 100 reaches overbought status as SpaceX index weight set to increase”. All of them report the following:
- Nasdaq 100 hit overbought RSI 81
- Nasdaq 100 level at 30,788
- SpaceX Nasdaq 100 weight to jump
- New SpaceX weight will be 2.82%
- The rebalance is quarterly
- Bloomberg is the source for the SpaceX rebalance information
Which outlets covered this?
All 2 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.
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