NASDAQ COMPUTER INDEX
IXCO
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: IXCO
ISIN:

NASDAQ COMPUTER INDEX - 1H - Technical analysis published on 06/28/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 11,291.60 USD
My targets
11,536.57 USD (+1.00%)
11,736.90 USD (+2.75%)
My analysis
A bullish trend on NASDAQ COMPUTER INDEX both in substance and in the short term. A purchase could be considered as long as the price remains above 11,291.60 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 11,536.57 USD. Then the price could move towards 11,736.90 USD. Then 12,408.60 USD by extension. Be careful, a return below 11,291.60 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
0
10
5.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ COMPUTER INDEX rating is 11,422.24 USD. On the day, this instrument lost -0.01% and was between 11,342.60 USD and 11,507.08 USD. This implies that the price is at +0.70% from its lowest and at -0.74% from its highest.

11,342.60
11,507.08
11,422.24

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 COMPUTER INDEX in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 10,947.40 11,291.60 11,412.40 11,422.24 11,736.90 12,408.60
Change (%) -4.16% -1.14% -0.09% - +2.75% +8.64%
Change -474.84 -130.64 -9.84 - +314.66 +986.36
Level Major Intermediate Major - Minor 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
Standard11,071.1911,151.8711,287.4611,368.1411,503.7311,584.4111,720.00
Camarilla11,363.5911,383.4111,403.2411,423.0611,442.8911,462.7111,482.53
Woodie11,098.6611,165.6011,314.9311,381.8711,531.2011,598.1411,747.47
Fibonacci11,151.8711,234.4811,285.5211,368.1411,450.7511,501.7911,584.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,932.0111,102.5411,234.2911,404.8211,536.5711,707.1011,838.85
Camarilla11,282.9211,310.6311,338.3411,366.0511,393.7611,421.4711,449.18
Woodie10,912.6311,092.8511,214.9111,395.1311,517.1911,697.4111,819.47
Fibonacci11,102.5411,218.0111,289.3511,404.8211,520.2911,591.6311,707.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,463.899,073.8910,021.1910,631.1911,578.4912,188.4913,135.79
Camarilla10,540.2410,683.0010,825.7510,968.5011,111.2511,254.0111,396.76
Woodie8,632.559,158.2210,189.8510,715.5211,747.1512,272.8213,304.45
Fibonacci9,073.899,668.7810,036.3010,631.1911,226.0811,593.6012,188.49

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): 53.79
MACD (12,26,9): 17.5500
Directional Movement: 0.29
AROON (14): 78.57
DEMA (21): 11,409.10
Parabolic SAR (0,02-0,02-0,2): 11,340.12
Elder Ray (13): 9.53
Super Trend (3,10): 11,239.41
Zig ZAG (10): 11,430.79
VORTEX (21): 1.0000
Stochastique (14,3,5): 74.47
TEMA (21): 11,438.53
Williams %R (14): -27.25
Chande Momentum Oscillator (20): 162.59
Repulse (5,40,3): 0.2400
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 2.66
MA7: 11,390.23
MA20: 11,288.32
MA50: 10,560.46
MA100: 9,898.65
MAexp7: 11,424.65
MAexp20: 11,393.35
MAexp50: 11,383.60
MAexp100: 11,306.80
Price / MA7: +0.28%
Price / MA20: +1.19%
Price / MA50: +8.16%
Price / MA100: +15.39%
Price / MAexp7: -0.02%
Price / MAexp20: +0.25%
Price / MAexp50: +0.34%
Price / MAexp100: +1.02%

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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