NASDAQ COMPUTER INDEX - Daily - Technical analysis published on 08/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 9,616.32 USD
My targets
10,382.00 USD (+5.38%)
10,885.80 USD (+10.50%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ COMPUTER INDEX as long as the price remains well above 9,616.32 USD. The buyers' bullish objective is set at 10,382.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10,885.80 USD. If there is any crossing, the next objective would be the resistance located at 11,366.00 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ COMPUTER INDEX price is 9,851.66 USD. The price has increased by +3.17% since the last closing with the lowest point at 9,718.81 USD and the highest point at 9,858.44 USD. The deviation from the price is +1.37% for the low point and -0.07% for the high point.9,718.81
9,858.44
9,851.66
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of NASDAQ COMPUTER INDEX in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. 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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8,207.01 | 8,574.18 | 9,616.32 | 9,851.66 | 10,382.00 | 10,885.80 | 11,366.00 |
| Change (%) | -16.69% | -12.97% | -2.39% | - | +5.38% | +10.50% | +15.37% |
| Change | -1,644.65 | -1,277.48 | -235.34 | - | +530.34 | +1,034.14 | +1,514.34 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 9,621.20 | 9,670.01 | 9,760.83 | 9,809.64 | 9,900.46 | 9,949.27 | 10,040.09 |
| Camarilla | 9,813.26 | 9,826.06 | 9,838.86 | 9,851.66 | 9,864.46 | 9,877.26 | 9,890.06 |
| Woodie | 9,642.22 | 9,680.51 | 9,781.85 | 9,820.14 | 9,921.48 | 9,959.77 | 10,061.11 |
| Fibonacci | 9,670.01 | 9,723.35 | 9,756.30 | 9,809.64 | 9,862.98 | 9,895.93 | 9,949.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,050.49 | 9,201.54 | 9,459.16 | 9,610.21 | 9,867.83 | 10,018.88 | 10,276.50 |
| Camarilla | 9,604.40 | 9,641.86 | 9,679.32 | 9,716.78 | 9,754.24 | 9,791.70 | 9,829.16 |
| Woodie | 9,103.78 | 9,228.18 | 9,512.45 | 9,636.85 | 9,921.12 | 10,045.52 | 10,329.79 |
| Fibonacci | 9,201.54 | 9,357.65 | 9,454.10 | 9,610.21 | 9,766.32 | 9,862.77 | 10,018.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,471.44 | 7,889.17 | 8,697.36 | 9,115.09 | 9,923.28 | 10,341.01 | 11,149.20 |
| Camarilla | 9,168.42 | 9,280.80 | 9,393.17 | 9,505.55 | 9,617.93 | 9,730.30 | 9,842.68 |
| Woodie | 7,666.67 | 7,986.79 | 8,892.59 | 9,212.71 | 10,118.51 | 10,438.63 | 11,344.43 |
| Fibonacci | 7,889.17 | 8,357.47 | 8,646.79 | 9,115.09 | 9,583.39 | 9,872.71 | 10,341.01 |
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): | 65.04 | |
| MACD (12,26,9): | 231.5600 | |
| Directional Movement: | 17.75 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 9,646.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,486.60 | |
| Elder Ray (13): | 286.83 | |
| Super Trend (3,10): | 9,087.18 | |
| Zig ZAG (10): | 9,851.66 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 85.38 | |
| TEMA (21): | 9,834.03 | |
| Williams %R (14): | -0.62 | |
| Chande Momentum Oscillator (20): | 863.76 | |
| Repulse (5,40,3): | 2.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 15.68 |
| MA7: | 9,671.61 | |
| MA20: | 9,292.43 | |
| MA50: | 9,003.90 | |
| MA100: | 9,469.95 | |
| MAexp7: | 9,643.60 | |
| MAexp20: | 9,369.49 | |
| MAexp50: | 9,220.62 | |
| MAexp100: | 9,475.23 | |
| Price / MA7: | +1.86% | |
| Price / MA20: | +6.02% | |
| Price / MA50: | +9.42% | |
| Price / MA100: | +4.03% | |
| Price / MAexp7: | +2.16% | |
| Price / MAexp20: | +5.15% | |
| Price / MAexp50: | +6.84% | |
| Price / MAexp100: | +3.97% |
Quotes :
-
15 min delayed data
-
NASDAQ US Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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