NASDAQ CTA INTERNET INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	QNET
ISIN:

NASDAQ CTA INTERNET INDEX - Daily - Technical analysis published on 07/20/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Bullish above 777.42 USD

My targets

806.49 USD (+1.63%)

866.62 USD (+9.21%)

My analysis

The strong short-term increase in NASDAQ CTA INTERNET INDEX calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 777.42 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 806.49 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 866.62 USD as an objective. Crossing it would then enable buyers to target 1,062.40 USD. Caution, a return under 777.42 USD could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.5

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 CTA INTERNET INDEX rating is 793.53 USD. The price registered an increase of +3.55% on the session with the lowest point at 769.31 USD and the highest point at 793.95 USD. The deviation from the price is +3.15% for the low point and -0.05% for the high point.

769.31

793.95

793.53

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NASDAQ CTA INTERNET INDEX:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NASDAQ CTA INTERNET INDEX indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	430.08	668.24	777.42	793.53	866.62	1,062.40	1,174.05
Change (%)	-45.80%	-15.79%	-2.03%	-	+9.21%	+33.88%	+47.95%
Change	-363.45	-125.29	-16.11	-	+73.09	+268.87	+380.52
Level	Minor	Major	Major	-	Intermediate	Intermediate	Minor

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	727.23	735.23	750.78	758.78	774.33	782.33	797.88
Camarilla	759.86	762.02	764.18	766.34	768.50	770.66	772.82
Woodie	731.02	737.12	754.57	760.67	778.12	784.22	801.67
Fibonacci	735.23	744.22	749.78	758.78	767.77	773.33	782.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	657.24	682.33	708.67	733.76	760.10	785.19	811.53
Camarilla	720.88	725.59	730.31	735.02	739.73	744.45	749.16
Woodie	657.88	682.64	709.31	734.07	760.74	785.50	812.17
Fibonacci	682.33	701.97	714.11	733.76	753.40	765.54	785.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	530.41	614.62	668.45	752.66	806.49	890.70	944.53
Camarilla	684.31	696.96	709.62	722.27	734.92	747.58	760.23
Woodie	515.21	607.03	653.25	745.07	791.29	883.11	929.33
Fibonacci	614.62	667.36	699.93	752.66	805.40	837.97	890.70

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):	58.57
MACD (12,26,9):	-3.0600
Directional Movement:	8.54
AROON (14):	92.86
DEMA (21):	744.21
Parabolic SAR (0,02-0,02-0,2):	707.11
Elder Ray (13):	30.45
Super Trend (3,10):	792.76
Zig ZAG (10):	792.55
VORTEX (21):	1.0400
Stochastique (14,3,5):	75.18
TEMA (21):	756.59
Williams %R (14):	-1.36
Chande Momentum Oscillator (20):	57.56
Repulse (5,40,3):	5.6300
ROCnROLL:	-1
TRIX (15,9):	-0.1600
Courbe Coppock:	1.29

MA7:	743.99
MA20:	748.59
MA50:	759.39
MA100:	854.86
MAexp7:	756.22
MAexp20:	751.68
MAexp50:	781.69
MAexp100:	867.53
Price / MA7:	+6.66%
Price / MA20:	+6.00%
Price / MA50:	+4.50%
Price / MA100:	-7.17%
Price / MAexp7:	+4.93%
Price / MAexp20:	+5.57%
Price / MAexp50:	+1.51%
Price / MAexp100:	-8.53%

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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