NASDAQ-100 VOLATILITY INDEX - Daily - Technical analysis published on 01/24/2023 (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
22%
56%
22%
My opinion
Bearish under 24.13 USD
My targets
21.21 USD (-9.82%)
18.77 USD (-20.20%)
My analysis
The bearish trend is currently very strong for NASDAQ-100 VOLATILITY INDEX. As long as the price remains below the resistance at 24.13 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 21.21 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 18.77 USD as an objective. Crossing it would then enable sellers to target 13.95 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by Londinia.
Additional analysis
Quotes
The NASDAQ-100 VOLATILITY INDEX rating is 23.52 USD. The price has increased by +1.95% since the last closing and was traded between 23.20 USD and 23.88 USD over the period. The price is currently at +1.38% from its lowest and -1.51% from its highest.23.20
23.88
23.52
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
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 (1st january)
Type : Bearish
Timeframe : Weekly
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. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 13.95 | 23.29 | 23.52 | 28.63 | 31.97 | 37.06 |
| Change (%) | -40.69% | -0.98% | - | +21.73% | +35.93% | +57.57% |
| Change | -9.57 | -0.23 | - | +5.11 | +8.45 | +13.54 |
| Level | Intermediate | Major | - | Major | Intermediate | 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 | 21.97 | 22.44 | 22.75 | 23.22 | 23.53 | 24.00 | 24.31 |
| Camarilla | 22.86 | 22.93 | 23.00 | 23.07 | 23.14 | 23.21 | 23.29 |
| Woodie | 21.90 | 22.40 | 22.68 | 23.18 | 23.46 | 23.96 | 24.24 |
| Fibonacci | 22.44 | 22.74 | 22.92 | 23.22 | 23.52 | 23.70 | 24.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.55 | 20.98 | 22.01 | 23.44 | 24.47 | 25.90 | 26.93 |
| Camarilla | 22.37 | 22.60 | 22.83 | 23.05 | 23.28 | 23.50 | 23.73 |
| Woodie | 19.36 | 20.88 | 21.82 | 23.34 | 24.28 | 25.80 | 26.74 |
| Fibonacci | 20.98 | 21.92 | 22.50 | 23.44 | 24.38 | 24.96 | 25.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.77 | 21.21 | 24.13 | 26.57 | 29.49 | 31.93 | 34.85 |
| Camarilla | 25.58 | 26.07 | 26.56 | 27.05 | 27.54 | 28.03 | 28.52 |
| Woodie | 19.01 | 21.33 | 24.37 | 26.69 | 29.73 | 32.05 | 35.09 |
| Fibonacci | 21.21 | 23.26 | 24.52 | 26.57 | 28.62 | 29.88 | 31.93 |
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): | 43.02 | |
| MACD (12,26,9): | -0.9600 | |
| Directional Movement: | -12.41 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 23.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.64 | |
| Elder Ray (13): | -0.79 | |
| Super Trend (3,10): | 27.88 | |
| Zig ZAG (10): | 23.76 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 14.16 | |
| TEMA (21): | 23.33 | |
| Williams %R (14): | -79.12 | |
| Chande Momentum Oscillator (20): | -4.32 | |
| Repulse (5,40,3): | -4.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3700 | |
| Courbe Coppock: | 25.97 |
| MA7: | 23.23 | |
| MA20: | 25.50 | |
| MA50: | 26.03 | |
| MA100: | 29.27 | |
| MAexp7: | 23.69 | |
| MAexp20: | 24.85 | |
| MAexp50: | 26.37 | |
| MAexp100: | 27.76 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | -7.76% | |
| Price / MA50: | -9.64% | |
| Price / MA100: | -19.64% | |
| Price / MAexp7: | -0.68% | |
| Price / MAexp20: | -5.31% | |
| Price / MAexp50: | -10.77% | |
| Price / MAexp100: | -15.24% |
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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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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