NASDAQ INSURANCE INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	INSR
ISIN:

NASDAQ INSURANCE INDEX - Daily - Technical analysis published on 03/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

44%

39%

My opinion

Bullish above 11,693.50 USD

My targets

12,637.50 USD (+3.01%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 11,693.50 USD remains possible. It is advisable to trade NASDAQ INSURANCE INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 11,693.50 USD. The next bullish objective for buyers is set at 12,637.50 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 11,693.50 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

1.6

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ INSURANCE INDEX price is 12,268.54 USD. On the day, this instrument lost -0.04% and was traded between 12,267.73 USD and 12,324.63 USD over the period. The price is currently at +0.01% from its lowest and -0.46% from its highest.

12,267.73

12,324.63

12,268.54

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami cross

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	11,034.30	11,693.50	12,198.00	12,268.54	12,637.50
Change (%)	-10.06%	-4.69%	-0.57%	-	+3.01%
Change	-1,234.24	-575.04	-70.54	-	+368.96
Level	Minor	Major	Intermediate	-	Major

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	11,977.07	12,103.32	12,188.30	12,314.55	12,399.53	12,525.78	12,610.76
Camarilla	12,215.20	12,234.57	12,253.93	12,273.29	12,292.65	12,312.02	12,331.38
Woodie	11,956.45	12,093.00	12,167.68	12,304.23	12,378.91	12,515.46	12,590.14
Fibonacci	12,103.32	12,184.01	12,233.86	12,314.55	12,395.24	12,445.09	12,525.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,905.48	12,024.47	12,255.86	12,374.85	12,606.24	12,725.23	12,956.62
Camarilla	12,390.91	12,423.02	12,455.14	12,487.26	12,519.38	12,551.50	12,583.62
Woodie	11,961.69	12,052.57	12,312.07	12,402.95	12,662.45	12,753.33	13,012.83
Fibonacci	12,024.47	12,158.31	12,241.00	12,374.85	12,508.69	12,591.38	12,725.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,604.14	11,888.08	12,144.99	12,428.93	12,685.84	12,969.78	13,226.69
Camarilla	12,253.17	12,302.74	12,352.32	12,401.90	12,451.48	12,501.06	12,550.63
Woodie	11,590.63	11,881.32	12,131.48	12,422.17	12,672.33	12,963.02	13,213.18
Fibonacci	11,888.08	12,094.69	12,222.33	12,428.93	12,635.54	12,763.18	12,969.78

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):	47.10
MACD (12,26,9):	29.8900
Directional Movement:	-1.82
AROON (14):	-71.43
DEMA (21):	12,428.05
Parabolic SAR (0,02-0,02-0,2):	12,540.98
Elder Ray (13):	-78.17
Super Trend (3,10):	12,076.90
Zig ZAG (10):	12,275.26
VORTEX (21):	0.9500
Stochastique (14,3,5):	39.39
TEMA (21):	12,362.40
Williams %R (14):	-70.27
Chande Momentum Oscillator (20):	-280.11
Repulse (5,40,3):	-0.6700
ROCnROLL:	-1
TRIX (15,9):	0.0800
Courbe Coppock:	1.94

MA7:	12,380.02
MA20:	12,422.82
MA50:	12,199.49
MA100:	11,861.96
MAexp7:	12,356.83
MAexp20:	12,367.36
MAexp50:	12,201.08
MAexp100:	11,874.13
Price / MA7:	-0.90%
Price / MA20:	-1.24%
Price / MA50:	+0.57%
Price / MA100:	+3.43%
Price / MAexp7:	-0.71%
Price / MAexp20:	-0.80%
Price / MAexp50:	+0.55%
Price / MAexp100:	+3.32%

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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