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 01/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 13,050.00 USD

My targets

13,173.61 USD (+0.55%)

My analysis

The bullish trend is currently very strong on NASDAQ COMPUTER INDEX. As long as the price remains above the support at 13,050.00 USD, you could try to benefit from the boom. The first bullish objective is located at 13,173.61 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, 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

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 COMPUTER INDEX price is 13,102.06 USD. The price registered a decrease of -0.02% on the session with the lowest point at 13,030.83 USD and the highest point at 13,189.38 USD. The deviation from the price is +0.55% for the low point and -0.66% for the high point.

13,030.83

13,189.38

13,102.06

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NASDAQ COMPUTER INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	12,408.55	12,652.30	13,050.00	13,102.06	13,173.61
Change (%)	-5.29%	-3.43%	-0.40%	-	+0.55%
Change	-693.51	-449.76	-52.06	-	+71.55
Level	Major	Minor	Major	-	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	12,969.72	13,009.35	13,057.22	13,096.85	13,144.72	13,184.35	13,232.22
Camarilla	13,081.02	13,089.04	13,097.06	13,105.08	13,113.10	13,121.12	13,129.14
Woodie	12,973.83	13,011.41	13,061.33	13,098.91	13,148.83	13,186.41	13,236.33
Fibonacci	13,009.35	13,042.78	13,063.43	13,096.85	13,130.28	13,150.93	13,184.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,088.92	12,319.57	12,712.32	12,942.97	13,335.72	13,566.37	13,959.12
Camarilla	12,933.65	12,990.79	13,047.94	13,105.08	13,162.23	13,219.37	13,276.52
Woodie	12,169.98	12,360.10	12,793.38	12,983.50	13,416.78	13,606.90	14,040.18
Fibonacci	12,319.57	12,557.71	12,704.83	12,942.97	13,181.11	13,328.23	13,566.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,391.57	11,753.58	12,374.90	12,736.91	13,358.23	13,720.24	14,341.56
Camarilla	12,725.80	12,815.94	12,906.08	12,996.22	13,086.36	13,176.50	13,266.64
Woodie	11,521.23	11,818.41	12,504.56	12,801.74	13,487.89	13,785.07	14,471.22
Fibonacci	11,753.58	12,129.21	12,361.28	12,736.91	13,112.54	13,344.61	13,720.24

Numerical data

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

Technical indicators

Moving averages

RSI (14):	57.44
MACD (12,26,9):	50.2000
Directional Movement:	4.92
AROON (14):	7.15
DEMA (21):	13,138.17
Parabolic SAR (0,02-0,02-0,2):	12,974.49
Elder Ray (13):	14.46
Super Trend (3,10):	12,943.69
Zig ZAG (10):	13,108.33
VORTEX (21):	1.0600
Stochastique (14,3,5):	37.68
TEMA (21):	13,124.56
Williams %R (14):	-55.71
Chande Momentum Oscillator (20):	23.84
Repulse (5,40,3):	0.0700
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	0.95

MA7:	12,930.91
MA20:	12,895.33
MA50:	12,545.46
MA100:	11,995.71
MAexp7:	13,096.56
MAexp20:	13,061.76
MAexp50:	12,961.09
MAexp100:	12,888.06
Price / MA7:	+1.32%
Price / MA20:	+1.60%
Price / MA50:	+4.44%
Price / MA100:	+9.22%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.31%
Price / MAexp50:	+1.09%
Price / MAexp100:	+1.66%

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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