Amazon - NASDAQ 100 Worst Performer

Published on Wednesday, 01 February 2012 13:35 Written by Christopher Lynn

New York, February 1st (TradersHuddle.com) - The NASDAQ 100 Index is higher trading at 2497.17, which represents 1.18% versus its previous close. The index is having a mixed day with slightly more than 50% of the NASDAQ 100 components on the green.

Seagate (NASDAQ:STX) is the NASDAQ 100's top performer today with the stock trading at $25.76 representing 21.85% from its previous trading session. Shares of Seagate, the maker of hard drives and storage solutions have defined support at $15.48 and resistance at $20.09.

Broadcom (NASDAQ:BRCM) is also among the top performers, and it is trading at $37.13 representing 8.08% from its previous close. Broadcom, the provider of chips that enable broadband digital data transmission has calculated support and resistance levels at $34.02 and $36.12 respectively. The other top performer of the NASDAQ 100 is Mylan (NASDAQ:MYL), which is trading at $21.87 representing 5.4% from its previous close.

The NASDAQ 100's worst performers include Amazon (NASDAQ:AMZN) that is trading at $176.61 or -9.17% from the previous close. Shares of Amazon, the largest online retailer have defined support at $183.82 and resistance at $196.50. Also among the worst performers C. H. Robinson (NASDAQ:CHRW), which is trading at $64.1 representing -6.89% from the previous trading session.

The NASDAQ 100 is underperfoming the Dow Jones but is pretty much equal with the S&P 500. The Dow Jones Industrial Index is currently trading at 12783, which represents 1.19% from previous close, the S&P 500 on the other hand is trading at 1330.29 that represents 1.36% from its previous close.