NASDAQ 100 Mid-day Update: Lower Top Performers: EBAY, GILD, FFIV

Published on Thursday, 19 April 2012 13:35 Written by Danny Miller

New York, April 19th (TradersHuddle.com) - The NASDAQ 100 Index is lower trading at 2698.1, which represents -0.66% versus its previous close. The index is mixed for the day with slightly more than 50% of its components on the green.

eBay (NASDAQ:EBAY) is the NASDAQ 100's top performer today with the stock trading at $41.34 representing 15.25% from its previous trading session. Shares of eBay, the owner of paypal and operator of an auction marketplace have defined support at $35.35 and resistance at $37.99.

Gilead (NASDAQ:GILD) is also among the top performers, and it is trading at $52.19 representing 11.97% from its previous close. Gilead, the biopharmaceutical company that offer drugs for the treatment of Aids and liver disease, has calculated support and resistance levels at $45.33 and $48.98 respectively. The other top performer of the NASDAQ 100 is F5 Networks (NASDAQ:FFIV), which is trading at $138.14 representing 11.21% from its previous close.

The NASDAQ 100's worst performers include QUALCOMM (NASDAQ:QCOM), which is trading at $63.3 or -5.5% from the prior close. Shares of QUALCOMM, the maker of integrated CDMA chipsets for wireless products have defined support at $51.76 and resistance at $67.00. Also among the worst performers Mylan (NASDAQ:MYL), which is trading at $21.87 representing -2.82% from the previous session.

The NASDAQ 100 is lagging the Dow Jones and S&P 500. The Dow Jones Industrial Index is currently trading at 0, which represents 0% from previous close, the S&P 500, on the other hand, is trading at 1378.57 that represents -0.47% from its previous close.