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 - Daily - Technical analysis published on 07/31/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 11,644.30 USD

My targets

12,408.60 USD (+2.42%)

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 11,644.30 USD. The buyers' bullish objective is set at 12,408.60 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.7

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

NASDAQ COMPUTER INDEX rating 12,114.85 USD. On the day, this instrument lost -0.01% and was traded between 12,068.59 USD and 12,153.86 USD over the period. The price is currently at +0.38% from its lowest and -0.32% from its highest.

12,068.59

12,153.86

12,114.85

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

A technical analysis in Daily of this NASDAQ COMPUTER INDEX chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	10,382.00	11,198.90	11,644.30	12,114.85	12,408.60
Change (%)	-14.30%	-7.56%	-3.88%	-	+2.42%
Change	-1,732.85	-915.95	-470.55	-	+293.75
Level	Minor	Major	Major	-	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
Standard	11,858.00	11,925.41	12,020.65	12,088.06	12,183.30	12,250.71	12,345.95
Camarilla	12,071.17	12,086.08	12,100.99	12,115.90	12,130.81	12,145.72	12,160.63
Woodie	11,871.93	11,932.37	12,034.58	12,095.02	12,197.23	12,257.67	12,359.88
Fibonacci	11,925.41	11,987.54	12,025.92	12,088.06	12,150.19	12,188.57	12,250.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,415.14	11,571.11	11,843.51	11,999.48	12,271.88	12,427.85	12,700.25
Camarilla	11,998.10	12,037.37	12,076.63	12,115.90	12,155.17	12,194.44	12,233.70
Woodie	11,473.35	11,600.22	11,901.72	12,028.59	12,330.09	12,456.96	12,758.46
Fibonacci	11,571.11	11,734.75	11,835.85	11,999.48	12,163.12	12,264.22	12,427.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,312.14	10,620.06	11,121.04	11,428.96	11,929.94	12,237.86	12,738.84
Camarilla	11,399.58	11,473.73	11,547.88	11,622.03	11,696.18	11,770.33	11,844.48
Woodie	10,408.68	10,668.33	11,217.58	11,477.23	12,026.48	12,286.13	12,835.38
Fibonacci	10,620.06	10,929.06	11,119.96	11,428.96	11,737.96	11,928.86	12,237.86

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):	66.96
MACD (12,26,9):	191.4400
Directional Movement:	15.57
AROON (14):	42.86
DEMA (21):	12,063.13
Parabolic SAR (0,02-0,02-0,2):	11,727.99
Elder Ray (13):	220.15
Super Trend (3,10):	11,540.41
Zig ZAG (10):	12,111.37
VORTEX (21):	1.0500
Stochastique (14,3,5):	80.01
TEMA (21):	12,026.98
Williams %R (14):	-13.61
Chande Momentum Oscillator (20):	221.76
Repulse (5,40,3):	-0.7600
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	6.42

MA7:	11,915.57
MA20:	11,793.64
MA50:	11,399.39
MA100:	10,515.80
MAexp7:	11,970.82
MAexp20:	11,798.55
MAexp50:	11,348.41
MAexp100:	10,702.35
Price / MA7:	+1.67%
Price / MA20:	+2.72%
Price / MA50:	+6.28%
Price / MA100:	+15.21%
Price / MAexp7:	+1.20%
Price / MAexp20:	+2.68%
Price / MAexp50:	+6.75%
Price / MAexp100:	+13.20%

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

Londinia AI

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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…