US Technical Analysis Report

One NASDAQ-Listed Stock Trading in a Buy Zone Despite a Slump in Russell 3000– MRVI

Sep 23, 2022 12:00 AM PDT

US Markets Round-Up

This week, the Russell 3000 index, an important benchmark of the US stock market across market capitalizations, started on a negative note and continued the trend. The index made a low of 2169.177 during the week and settled at 2172.787 with a week-to-date (WTD) loss of ~3.26 percent on September 22, 2022. Other major indices such as S&P 500 and NASDAQ Composite witnessed a bearish movement for the week. On September 22, 2022, the S&P 500 index settled at 3757.990 with a WTD loss of ~2.98 percent, while the NASDAQ Composite Index settled at 11066.805 with a WTD loss of ~3.33 percent.

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