NASDAQ-100 VOLATILITY INDEX - 1H - Technical analysis published on 09/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
NASDAQ-100 VOLATILITY INDEX Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 34.13 USD
My targets
36.44 USD (+6.08%)
36.87 USD (+7.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ-100 VOLATILITY INDEX as long as the price remains well above 34.13 USD. The buyers' bullish objective is set at 36.44 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 36.87 USD. If there is any crossing, the next objective would be the resistance located at 38.69 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia.
Additional analysis
Quotes
NASDAQ-100 VOLATILITY INDEX rating 34.35 USD. The price has increased by +6.58% since the last closing and was traded between 32.88 USD and 34.52 USD over the period. The price is currently at +4.47% from its lowest and -0.49% from its highest.32.88
34.52
34.35
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ-100 VOLATILITY INDEX:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ-100 VOLATILITY INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 30.09 | 32.17 | 34.13 | 34.35 | 36.87 | 38.69 | 78.13 |
Change (%) | -12.40% | -6.35% | -0.64% | - | +7.34% | +12.63% | +127.45% |
Change | -4.26 | -2.18 | -0.22 | - | +2.52 | +4.34 | +43.78 |
Level | Major | Major | Minor | - | Minor | Major | Intermediate |
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 | 29.49 | 30.51 | 31.37 | 32.39 | 33.25 | 34.27 | 35.13 |
Camarilla | 31.71 | 31.89 | 32.06 | 32.23 | 32.40 | 32.58 | 32.75 |
Woodie | 29.41 | 30.47 | 31.29 | 32.35 | 33.17 | 34.23 | 35.05 |
Fibonacci | 30.51 | 31.23 | 31.67 | 32.39 | 33.11 | 33.55 | 34.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 22.28 | 24.82 | 28.09 | 30.63 | 33.90 | 36.44 | 39.71 |
Camarilla | 29.77 | 30.31 | 30.84 | 31.37 | 31.90 | 32.44 | 32.97 |
Woodie | 22.66 | 25.00 | 28.47 | 30.81 | 34.28 | 36.62 | 40.09 |
Fibonacci | 24.82 | 27.04 | 28.41 | 30.63 | 32.85 | 34.22 | 36.44 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15.99 | 19.44 | 24.94 | 28.39 | 33.89 | 37.34 | 42.84 |
Camarilla | 27.98 | 28.80 | 29.62 | 30.44 | 31.26 | 32.08 | 32.90 |
Woodie | 17.02 | 19.95 | 25.97 | 28.90 | 34.92 | 37.85 | 43.87 |
Fibonacci | 19.44 | 22.86 | 24.97 | 28.39 | 31.81 | 33.92 | 37.34 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 65.91 | |
MACD (12,26,9): | 0.5600 | |
Directional Movement: | 4.11 | |
AROON (14): | 85.71 | |
DEMA (21): | 33.46 | |
Parabolic SAR (0,02-0,02-0,2): | 31.08 | |
Elder Ray (13): | 1.02 | |
Super Trend (3,10): | 31.39 | |
Zig ZAG (10): | 34.42 | |
VORTEX (21): | 1.0900 | |
Stochastique (14,3,5): | 93.14 | |
TEMA (21): | 33.66 | |
Williams %R (14): | -2.73 | |
Chande Momentum Oscillator (20): | 3.82 | |
Repulse (5,40,3): | 4.0300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1700 | |
Courbe Coppock: | 9.16 |
MA7: | 32.05 | |
MA20: | 30.68 | |
MA50: | 27.99 | |
MA100: | 30.41 | |
MAexp7: | 33.47 | |
MAexp20: | 32.78 | |
MAexp50: | 31.94 | |
MAexp100: | 30.95 | |
Price / MA7: | +7.18% | |
Price / MA20: | +11.96% | |
Price / MA50: | +22.72% | |
Price / MA100: | +12.96% | |
Price / MAexp7: | +2.63% | |
Price / MAexp20: | +4.79% | |
Price / MAexp50: | +7.55% | |
Price / MAexp100: | +10.99% |
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
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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