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 09/01/2023 (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

89%

11%

My opinion

Bullish above 11,644.30 USD

My targets

12,408.60 USD (+4.26%)

My analysis

The bullish trend is currently very strong on NASDAQ COMPUTER INDEX. As long as the price remains above the support at 11,644.30 USD, you could try to benefit from the boom. The first bullish objective is located at 12,408.60 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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 11,901.16 USD. On the day, this instrument lost -0.01% with the lowest point at 11,871.85 USD and the highest point at 12,005.43 USD. The deviation from the price is +0.25% for the low point and -0.87% for the high point.

11,871.85

12,005.43

11,901.16

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

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 study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of this Daily chart of NASDAQ COMPUTER INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong 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.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	9,373.18	10,382.00	11,644.30	11,901.16	12,408.60
Change (%)	-21.24%	-12.76%	-2.16%	-	+4.26%
Change	-2,527.98	-1,519.16	-256.86	-	+507.44
Level	Intermediate	Minor	Major	-	Major

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	11,753.27	11,808.03	11,855.16	11,909.92	11,957.05	12,011.81	12,058.94
Camarilla	11,874.28	11,883.62	11,892.96	11,902.30	11,911.64	11,920.98	11,930.32
Woodie	11,749.47	11,806.12	11,851.36	11,908.01	11,953.25	12,009.90	12,055.14
Fibonacci	11,808.03	11,846.95	11,871.00	11,909.92	11,948.84	11,972.89	12,011.81

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,541.91	10,852.97	11,120.37	11,431.43	11,698.83	12,009.89	12,277.29
Camarilla	11,228.70	11,281.73	11,334.76	11,387.78	11,440.81	11,493.83	11,546.86
Woodie	10,520.09	10,842.06	11,098.55	11,420.52	11,677.01	11,998.98	12,255.47
Fibonacci	10,852.97	11,073.94	11,210.46	11,431.43	11,652.40	11,788.92	12,009.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,009.12	10,482.59	11,192.45	11,665.92	12,375.78	12,849.25	13,559.11
Camarilla	11,576.88	11,685.36	11,793.83	11,902.30	12,010.77	12,119.24	12,227.72
Woodie	10,127.31	10,541.69	11,310.64	11,725.02	12,493.97	12,908.35	13,677.30
Fibonacci	10,482.59	10,934.63	11,213.89	11,665.92	12,117.96	12,397.22	12,849.25

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.53
MACD (12,26,9):	51.8600
Directional Movement:	15.86
AROON (14):	71.43
DEMA (21):	11,625.95
Parabolic SAR (0,02-0,02-0,2):	11,404.51
Elder Ray (13):	318.99
Super Trend (3,10):	11,325.98
Zig ZAG (10):	11,892.57
VORTEX (21):	1.0000
Stochastique (14,3,5):	93.74
TEMA (21):	11,658.74
Williams %R (14):	-10.29
Chande Momentum Oscillator (20):	654.68
Repulse (5,40,3):	0.4000
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	5.16

MA7:	11,659.87
MA20:	11,470.69
MA50:	11,619.86
MA100:	11,025.26
MAexp7:	11,722.71
MAexp20:	11,588.66
MAexp50:	11,462.25
MAexp100:	11,010.19
Price / MA7:	+2.07%
Price / MA20:	+3.75%
Price / MA50:	+2.42%
Price / MA100:	+7.94%
Price / MAexp7:	+1.52%
Price / MAexp20:	+2.70%
Price / MAexp50:	+3.83%
Price / MAexp100:	+8.09%

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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