NASDAQ CTA INTERNET INDEX - 1H - Technical analysis published on 10/26/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
28%
39%
33%
My opinion
Bearish under 1,511.10 USD
My targets
1,472.83 USD (-1.15%)
1,449.35 USD (-2.73%)
My analysis
The strong short-term decrease of NASDAQ CTA INTERNET INDEX should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 1,511.10 USD, a sale could be considered. The first bearish objective is located at 1,472.83 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 1,449.35 USD. If there is any crossing, the next objective would be support 1,426.55 USD. Caution, if there is a return to above 1,511.10 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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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 CTA INTERNET INDEX price is 1,490.03 USD. The price registered an increase of +0.44% on the session and was between 1,472.75 USD and 1,492.58 USD. This implies that the price is at +1.17% from its lowest and at -0.17% from its highest.1,472.75
1,492.58
1,490.03
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ CTA INTERNET INDEX in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish 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.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1,426.55 | 1,449.35 | 1,472.83 | 1,490.03 | 1,493.69 | 1,511.10 | 1,529.26 |
| Change (%) | -4.26% | -2.73% | -1.15% | - | +0.25% | +1.41% | +2.63% |
| Change | -63.48 | -40.68 | -17.20 | - | +3.66 | +21.07 | +39.23 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,457.83 | 1,465.29 | 1,477.66 | 1,485.12 | 1,497.49 | 1,504.95 | 1,517.32 |
| Camarilla | 1,484.58 | 1,486.40 | 1,488.21 | 1,490.03 | 1,491.85 | 1,493.67 | 1,495.48 |
| Woodie | 1,460.29 | 1,466.52 | 1,480.12 | 1,486.35 | 1,499.95 | 1,506.18 | 1,519.78 |
| Fibonacci | 1,465.29 | 1,472.87 | 1,477.55 | 1,485.12 | 1,492.70 | 1,497.38 | 1,504.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,395.38 | 1,435.31 | 1,459.37 | 1,499.30 | 1,523.36 | 1,563.29 | 1,587.35 |
| Camarilla | 1,465.84 | 1,471.71 | 1,477.57 | 1,483.44 | 1,489.31 | 1,495.17 | 1,501.04 |
| Woodie | 1,387.46 | 1,431.34 | 1,451.45 | 1,495.33 | 1,515.44 | 1,559.32 | 1,579.43 |
| Fibonacci | 1,435.31 | 1,459.75 | 1,474.85 | 1,499.30 | 1,523.74 | 1,538.84 | 1,563.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,243.59 | 1,335.06 | 1,384.76 | 1,476.23 | 1,525.93 | 1,617.40 | 1,667.10 |
| Camarilla | 1,395.63 | 1,408.57 | 1,421.51 | 1,434.45 | 1,447.39 | 1,460.33 | 1,473.27 |
| Woodie | 1,222.70 | 1,324.62 | 1,363.87 | 1,465.79 | 1,505.04 | 1,606.96 | 1,646.21 |
| Fibonacci | 1,335.06 | 1,388.99 | 1,422.31 | 1,476.23 | 1,530.16 | 1,563.48 | 1,617.40 |
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): | 42.38 | |
| MACD (12,26,9): | -5.7300 | |
| Directional Movement: | -19.02 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1,487.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,500.78 | |
| Elder Ray (13): | -0.68 | |
| Super Trend (3,10): | 1,505.43 | |
| Zig ZAG (10): | 1,490.03 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 41.79 | |
| TEMA (21): | 1,481.53 | |
| Williams %R (14): | -51.43 | |
| Chande Momentum Oscillator (20): | -1.46 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.96 |
| MA7: | 1,506.87 | |
| MA20: | 1,466.61 | |
| MA50: | 1,491.69 | |
| MA100: | 1,502.10 | |
| MAexp7: | 1,489.32 | |
| MAexp20: | 1,494.69 | |
| MAexp50: | 1,496.22 | |
| MAexp100: | 1,488.72 | |
| Price / MA7: | -1.12% | |
| Price / MA20: | +1.60% | |
| Price / MA50: | -0.11% | |
| Price / MA100: | -0.80% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -0.41% | |
| Price / MAexp100: | +0.09% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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