NASDAQ INC. - 1H - Technical analysis published on 06/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 59.38 USD
My targets
58.40 USD (-0.58%)
56.90 USD (-3.13%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ INC. as long as the price remains well below 59.38 USD. The sellers' bearish objective is set at 58.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 56.90 USD. In case of crossing, the next objective would be the support located at 55.22 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ INC. price is 58.74 USD. The price registered a decrease of -0.07% on the session and was between 58.28 USD and 58.89 USD. This implies that the price is at +0.79% from its lowest and at -0.25% from its highest.58.28
58.89
58.74
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ INC.:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% 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.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 55.22 | 56.90 | 58.40 | 58.74 | 59.38 | 59.85 | 61.16 |
Change (%) | -5.99% | -3.13% | -0.58% | - | +1.09% | +1.89% | +4.12% |
Change | -3.52 | -1.84 | -0.34 | - | +0.64 | +1.11 | +2.42 |
Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 57.73 | 58.17 | 58.47 | 58.91 | 59.21 | 59.65 | 59.95 |
Camarilla | 58.58 | 58.64 | 58.71 | 58.78 | 58.85 | 58.92 | 58.98 |
Woodie | 57.67 | 58.14 | 58.41 | 58.88 | 59.15 | 59.62 | 59.89 |
Fibonacci | 58.17 | 58.45 | 58.62 | 58.91 | 59.19 | 59.36 | 59.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56.50 | 57.39 | 58.09 | 58.98 | 59.68 | 60.57 | 61.27 |
Camarilla | 58.34 | 58.49 | 58.63 | 58.78 | 58.93 | 59.07 | 59.22 |
Woodie | 56.40 | 57.34 | 57.99 | 58.93 | 59.58 | 60.52 | 61.17 |
Fibonacci | 57.39 | 58.00 | 58.38 | 58.98 | 59.59 | 59.97 | 60.57 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 53.04 | 55.78 | 57.41 | 60.15 | 61.78 | 64.52 | 66.15 |
Camarilla | 57.83 | 58.23 | 58.63 | 59.03 | 59.43 | 59.83 | 60.23 |
Woodie | 52.48 | 55.50 | 56.85 | 59.87 | 61.22 | 64.24 | 65.59 |
Fibonacci | 55.78 | 57.45 | 58.48 | 60.15 | 61.82 | 62.85 | 64.52 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 37.64 | |
MACD (12,26,9): | -0.1600 | |
Directional Movement: | -20.99 | |
AROON (14): | -92.86 | |
DEMA (21): | 58.98 | |
Parabolic SAR (0,02-0,02-0,2): | 59.13 | |
Elder Ray (13): | -0.30 | |
Super Trend (3,10): | 58.72 | |
Zig ZAG (10): | 58.77 | |
VORTEX (21): | 0.9600 | |
Stochastique (14,3,5): | 29.16 | |
TEMA (21): | 58.90 | |
Williams %R (14): | -68.44 | |
Chande Momentum Oscillator (20): | -0.85 | |
Repulse (5,40,3): | 0.1600 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 2.55 |
MA7: | 59.09 | |
MA20: | 60.57 | |
MA50: | 60.84 | |
MA100: | 59.42 | |
MAexp7: | 58.90 | |
MAexp20: | 59.16 | |
MAexp50: | 59.48 | |
MAexp100: | 59.97 | |
Price / MA7: | -0.59% | |
Price / MA20: | -3.02% | |
Price / MA50: | -3.45% | |
Price / MA100: | -1.14% | |
Price / MAexp7: | -0.27% | |
Price / MAexp20: | -0.71% | |
Price / MAexp50: | -1.24% | |
Price / MAexp100: | -2.05% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on NASDAQ INC. at the time of the generation of this analysis was as follows:
- Nasdaq May 2024 Volumes
- Nasdaq Chair & CEO Adena Friedman to Present at the Piper Sandler Global Exchange & Trading Conference
- Delisting of Securities of RiskOn International, Inc.; Graphjet Technology; Agile Therapeutics, Inc.; NextPlay Technologies, Inc.; Relativity Acquisition Corp.; iSun, Inc.; Ace Global Business Acquisition Limited; and Marpai, Inc. from The Nasdaq Stock Market
- Nasdaq Collaborates with Microsoft to Reimagine the Boardroom Experience using Artificial Intelligence
- Nasdaq and FIA Tech Partner to Reduce Complexity and Increase Resiliency of Post Trade Infrastructure
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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