NASDAQ-100 VOLATILITY INDEX - Daily - Technical analysis published on 08/17/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
NASDAQ-100 VOLATILITY INDEX Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 24.96 USD
My targets
21.44 USD (-10.51%)
21.10 USD (-11.94%)
My analysis
The bearish trend is currently very strong for NASDAQ-100 VOLATILITY INDEX. As long as the price remains below the resistance at 24.96 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 21.44 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 21.10 USD as an objective. Crossing it would then enable sellers to target 17.57 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by Londinia.
Additional analysis
Quotes
The NASDAQ-100 VOLATILITY INDEX rating is 23.96 USD. The price registered an increase of +3.23% on the session and was between 23.58 USD and 24.10 USD. This implies that the price is at +1.61% from its lowest and at -0.58% from its highest.23.58
24.10
23.96
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ-100 VOLATILITY INDEX:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ-100 VOLATILITY INDEX in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.89 | 17.57 | 21.10 | 23.96 | 24.96 | 28.71 | 32.17 |
| Change (%) | -42.03% | -26.67% | -11.94% | - | +4.17% | +19.82% | +34.27% |
| Change | -10.07 | -6.39 | -2.86 | - | +1.00 | +4.75 | +8.21 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.93 | 22.41 | 22.81 | 23.29 | 23.69 | 24.17 | 24.57 |
| Camarilla | 22.97 | 23.05 | 23.13 | 23.21 | 23.29 | 23.37 | 23.45 |
| Woodie | 21.89 | 22.39 | 22.77 | 23.27 | 23.65 | 24.15 | 24.53 |
| Fibonacci | 22.41 | 22.75 | 22.95 | 23.29 | 23.63 | 23.83 | 24.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.14 | 20.57 | 21.96 | 24.39 | 25.78 | 28.21 | 29.60 |
| Camarilla | 22.30 | 22.65 | 23.00 | 23.35 | 23.70 | 24.05 | 24.40 |
| Woodie | 17.62 | 20.31 | 21.44 | 24.13 | 25.26 | 27.95 | 29.08 |
| Fibonacci | 20.57 | 22.03 | 22.93 | 24.39 | 25.85 | 26.75 | 28.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.76 | 17.76 | 21.44 | 28.44 | 32.12 | 39.12 | 42.80 |
| Camarilla | 22.19 | 23.17 | 24.15 | 25.13 | 26.11 | 27.09 | 28.07 |
| Woodie | 9.11 | 16.93 | 19.79 | 27.61 | 30.47 | 38.29 | 41.15 |
| Fibonacci | 17.76 | 21.84 | 24.36 | 28.44 | 32.52 | 35.04 | 39.12 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.31 | |
| MACD (12,26,9): | -1.7100 | |
| Directional Movement: | -13.43 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 23.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.68 | |
| Elder Ray (13): | -0.98 | |
| Super Trend (3,10): | 28.43 | |
| Zig ZAG (10): | 23.97 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 9.90 | |
| TEMA (21): | 22.91 | |
| Williams %R (14): | -79.34 | |
| Chande Momentum Oscillator (20): | -2.36 | |
| Repulse (5,40,3): | -6.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8400 | |
| Courbe Coppock: | 24.58 |
| MA7: | 23.99 | |
| MA20: | 25.70 | |
| MA50: | 29.45 | |
| MA100: | 29.91 | |
| MAexp7: | 24.03 | |
| MAexp20: | 25.72 | |
| MAexp50: | 28.09 | |
| MAexp100: | 28.71 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -6.77% | |
| Price / MA50: | -18.64% | |
| Price / MA100: | -19.89% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -6.84% | |
| Price / MAexp50: | -14.70% | |
| Price / MAexp100: | -16.54% |
Quotes :
-
15 min delayed data
-
NASDAQ US Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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