NASDAQ INSURANCE INDEX - 1H - Technical analysis published on 11/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 11,441.82 USD
My targets
11,801.34 USD (+1.58%)
11,959.28 USD (+2.94%)
My analysis
NASDAQ INSURANCE INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11,441.82 USD. The next resistance located at 11,801.34 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 11,959.28 USD.
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
7.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ INSURANCE INDEX rating is 11,617.41 USD. The price registered an increase of +0.70% on the session and was traded between 11,481.38 USD and 11,624.18 USD over the period. The price is currently at +1.18% from its lowest and -0.06% from its highest.11,481.38
11,624.18
11,617.41
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ INSURANCE INDEX in 1H shows an overall bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 17 technical indicators on 18 studied are currently 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 11,178.90 | 11,325.70 | 11,608.00 | 11,617.41 |
| Change (%) | -3.77% | -2.51% | -0.08% | - |
| Change | -438.51 | -291.71 | -9.41 | - |
| Level | Minor | Intermediate | Major | - |
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 | 11,367.36 | 11,401.19 | 11,468.79 | 11,502.62 | 11,570.22 | 11,604.05 | 11,671.65 |
| Camarilla | 11,508.49 | 11,517.79 | 11,527.08 | 11,536.38 | 11,545.68 | 11,554.98 | 11,564.27 |
| Woodie | 11,384.24 | 11,409.63 | 11,485.67 | 11,511.06 | 11,587.10 | 11,612.49 | 11,688.53 |
| Fibonacci | 11,401.19 | 11,439.94 | 11,463.88 | 11,502.62 | 11,541.37 | 11,565.31 | 11,604.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,880.72 | 11,082.30 | 11,240.24 | 11,441.82 | 11,599.76 | 11,801.34 | 11,959.28 |
| Camarilla | 11,299.32 | 11,332.28 | 11,365.23 | 11,398.19 | 11,431.15 | 11,464.10 | 11,497.06 |
| Woodie | 10,858.91 | 11,071.39 | 11,218.43 | 11,430.91 | 11,577.95 | 11,790.43 | 11,937.47 |
| Fibonacci | 11,082.30 | 11,219.63 | 11,304.48 | 11,441.82 | 11,579.15 | 11,664.00 | 11,801.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,989.77 | 10,369.54 | 10,883.86 | 11,263.63 | 11,777.95 | 12,157.72 | 12,672.04 |
| Camarilla | 11,152.32 | 11,234.27 | 11,316.23 | 11,398.19 | 11,480.15 | 11,562.11 | 11,644.07 |
| Woodie | 10,057.06 | 10,403.18 | 10,951.15 | 11,297.27 | 11,845.24 | 12,191.36 | 12,739.33 |
| Fibonacci | 10,369.54 | 10,711.08 | 10,922.08 | 11,263.63 | 11,605.17 | 11,816.17 | 12,157.72 |
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): | 70.75 | |
| MACD (12,26,9): | 29.3300 | |
| Directional Movement: | 20.43 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 11,507.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,440.59 | |
| Elder Ray (13): | 69.10 | |
| Super Trend (3,10): | 11,427.90 | |
| Zig ZAG (10): | 11,605.90 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 99.87 | |
| TEMA (21): | 11,551.06 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 199.62 | |
| Repulse (5,40,3): | 1.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.45 |
| MA7: | 11,460.64 | |
| MA20: | 11,425.81 | |
| MA50: | 11,120.18 | |
| MA100: | 10,991.98 | |
| MAexp7: | 11,518.47 | |
| MAexp20: | 11,480.77 | |
| MAexp50: | 11,467.61 | |
| MAexp100: | 11,423.29 | |
| Price / MA7: | +1.37% | |
| Price / MA20: | +1.68% | |
| Price / MA50: | +4.47% | |
| Price / MA100: | +5.69% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | +1.19% | |
| Price / MAexp50: | +1.31% | |
| Price / MAexp100: | +1.70% |
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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