NASDAQ-100 VOLATILITY INDEX

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Type:	Indices
Ticker:	VOLQ
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NASDAQ-100 VOLATILITY INDEX - 1H - Technical analysis published on 11/17/2022 (GMT)

Londinia

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Timeframe : 1H
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NASDAQ-100 VOLATILITY INDEX Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Bullish above 28.54 USD

My targets

29.51 USD (+2.08%)

30.38 USD (+5.10%)

My analysis

The strong short-term increase in NASDAQ-100 VOLATILITY INDEX calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 28.54 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 29.51 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 30.38 USD as an objective. Crossing it would then enable buyers to target 31.97 USD. Caution, a return under 28.54 USD could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.5

Comment on the analysis

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 28.91 USD. The price has increased by +4.37% since the last closing and was traded between 28.82 USD and 29.19 USD over the period. The price is currently at +0.31% from its lowest and -0.96% from its highest.

28.82

29.19

28.91

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:

Technical

Technical analysis of NASDAQ-100 VOLATILITY INDEX in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.98	27.21	28.54	28.91	29.51	31.97	34.99
Change (%)	-10.13%	-5.88%	-1.28%	-	+2.08%	+10.58%	+21.03%
Change	-2.93	-1.70	-0.37	-	+0.60	+3.06	+6.08
Level	Minor	Intermediate	Major	-	Major	Major	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	26.62	27.05	27.37	27.80	28.12	28.55	28.87
Camarilla	27.49	27.56	27.63	27.70	27.77	27.84	27.91
Woodie	26.58	27.02	27.33	27.77	28.08	28.52	28.83
Fibonacci	27.05	27.33	27.51	27.80	28.08	28.26	28.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.82	24.62	26.10	28.90	30.38	33.18	34.66
Camarilla	26.41	26.81	27.20	27.59	27.98	28.38	28.77
Woodie	21.17	24.29	25.45	28.57	29.73	32.85	34.01
Fibonacci	24.62	26.25	27.26	28.90	30.53	31.54	33.18

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.12	25.18	27.74	32.80	35.36	40.42	42.98
Camarilla	28.20	28.89	29.59	30.29	30.99	31.69	32.39
Woodie	18.86	24.56	26.48	32.18	34.10	39.80	41.72
Fibonacci	25.18	28.09	29.89	32.80	35.71	37.51	40.42

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):	57.62
MACD (12,26,9):	-0.1500
Directional Movement:	21.96
AROON (14):	21.42
DEMA (21):	27.73
Parabolic SAR (0,02-0,02-0,2):	29.38
Elder Ray (13):	0.98
Super Trend (3,10):	26.96
Zig ZAG (10):	29.00
VORTEX (21):	0.9400
Stochastique (14,3,5):	38.54
TEMA (21):	28.01
Williams %R (14):	-21.52
Chande Momentum Oscillator (20):	1.84
Repulse (5,40,3):	0.0400
ROCnROLL:	1
TRIX (15,9):	-0.1600
Courbe Coppock:	2.41

MA7:	28.67
MA20:	30.46
MA50:	32.24
MA100:	30.18
MAexp7:	28.10
MAexp20:	28.02
MAexp50:	28.69
MAexp100:	29.79
Price / MA7:	+0.84%
Price / MA20:	-5.09%
Price / MA50:	-10.33%
Price / MA100:	-4.21%
Price / MAexp7:	+2.88%
Price / MAexp20:	+3.18%
Price / MAexp50:	+0.77%
Price / MAexp100:	-2.95%

Quotes : - 15 min delayed data - NASDAQ US Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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