NASDAQ-100 VOLATILITY INDEX - 1H - Technical analysis published on 03/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
NASDAQ-100 VOLATILITY INDEX Chart
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 25.00 USD
My targets
26.81 USD (+3.83%)
27.30 USD (+5.73%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NASDAQ-100 VOLATILITY INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 25.00 USD. The buyers' bullish objective is set at 26.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 27.30 USD. If there is any crossing, the next objective would be the resistance located at 28.63 USD. If there is a bearish break in the support located at 25.00 USD some indecision would arise.
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
0
10
3.9
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
The NASDAQ-100 VOLATILITY INDEX price is 25.82 USD. The price registered an increase of +6.26% on the session with the lowest point at 22.87 USD and the highest point at 26.12 USD. The deviation from the price is +12.90% for the low point and -1.15% for the high point.22.87
26.12
25.82
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this 1H chart of NASDAQ-100 VOLATILITY INDEX indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
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
In fact, 12 technical indicators on 18 studied are currently positioned bullish. 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
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.14 | 23.25 | 25.00 | 25.82 | 27.30 | 28.63 | 30.73 |
| Change (%) | -14.25% | -9.95% | -3.18% | - | +5.73% | +10.88% | +19.02% |
| Change | -3.68 | -2.57 | -0.82 | - | +1.48 | +2.81 | +4.91 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.51 | 21.32 | 22.81 | 23.62 | 25.11 | 25.92 | 27.41 |
| Camarilla | 23.67 | 23.88 | 24.09 | 24.30 | 24.51 | 24.72 | 24.93 |
| Woodie | 20.85 | 21.49 | 23.15 | 23.79 | 25.45 | 26.09 | 27.75 |
| Fibonacci | 21.32 | 22.20 | 22.74 | 23.62 | 24.50 | 25.04 | 25.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.86 | 19.78 | 22.89 | 26.81 | 29.92 | 33.84 | 36.95 |
| Camarilla | 24.07 | 24.71 | 25.36 | 26.00 | 26.64 | 27.29 | 27.93 |
| Woodie | 15.46 | 19.58 | 22.49 | 26.61 | 29.52 | 33.64 | 36.55 |
| Fibonacci | 19.78 | 22.47 | 24.13 | 26.81 | 29.50 | 31.16 | 33.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.00 | 19.52 | 22.29 | 24.81 | 27.58 | 30.10 | 32.87 |
| Camarilla | 23.62 | 24.10 | 24.59 | 25.07 | 25.56 | 26.04 | 26.53 |
| Woodie | 17.14 | 19.58 | 22.43 | 24.87 | 27.72 | 30.16 | 33.01 |
| Fibonacci | 19.52 | 21.54 | 22.79 | 24.81 | 26.83 | 28.08 | 30.10 |
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): | 54.53 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | 8.41 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 23.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.35 | |
| Elder Ray (13): | 0.65 | |
| Super Trend (3,10): | 24.98 | |
| Zig ZAG (10): | 24.95 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 85.51 | |
| TEMA (21): | 23.62 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 2.02 | |
| Repulse (5,40,3): | 8.9100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 1.16 |
| MA7: | 24.78 | |
| MA20: | 24.88 | |
| MA50: | 24.42 | |
| MA100: | 25.85 | |
| MAexp7: | 23.95 | |
| MAexp20: | 23.83 | |
| MAexp50: | 24.39 | |
| MAexp100: | 24.68 | |
| Price / MA7: | +4.20% | |
| Price / MA20: | +3.78% | |
| Price / MA50: | +5.73% | |
| Price / MA100: | -0.12% | |
| Price / MAexp7: | +7.81% | |
| Price / MAexp20: | +8.35% | |
| Price / MAexp50: | +5.86% | |
| Price / MAexp100: | +4.62% |
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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