NASDAQ REAL ESTATE AND OTHER FINANCIAL - 1H - Technical analysis published on 04/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 8,372.59 USD
My targets
8,523.42 USD (+1.14%)
8,586.94 USD (+1.89%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on NASDAQ REAL ESTATE AND OTHER FINANCIAL as long as the price remains well above 8,372.59 USD. The buyers' bullish objective is set at 8,523.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8,586.94 USD. If there is any crossing, the next objective would be the resistance located at 8,755.11 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
5.7
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 REAL ESTATE AND OTHER FINANCIAL rating 8,427.70 USD. The price registered a decrease of -0.07% on the session and was traded between 8,371.68 USD and 8,428.69 USD over the period. The price is currently at +0.67% from its lowest and -0.01% from its highest.8,371.68
8,428.69
8,427.70
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NASDAQ REAL ESTATE AND OTHER FINANCIAL chart shows a 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8,154.54 | 8,230.33 | 8,372.59 | 8,427.70 | 8,436.90 | 8,523.42 | 8,586.94 |
| Change (%) | -3.24% | -2.34% | -0.65% | - | +0.11% | +1.14% | +1.89% |
| Change | -273.16 | -197.37 | -55.11 | - | +9.20 | +95.72 | +159.24 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,325.31 | 8,350.17 | 8,391.67 | 8,416.53 | 8,458.03 | 8,482.89 | 8,524.39 |
| Camarilla | 8,414.92 | 8,421.00 | 8,427.09 | 8,433.17 | 8,439.25 | 8,445.34 | 8,451.42 |
| Woodie | 8,333.63 | 8,354.33 | 8,399.99 | 8,420.69 | 8,466.35 | 8,487.05 | 8,532.71 |
| Fibonacci | 8,350.17 | 8,375.52 | 8,391.18 | 8,416.53 | 8,441.88 | 8,457.54 | 8,482.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,153.00 | 8,264.02 | 8,348.59 | 8,459.61 | 8,544.18 | 8,655.20 | 8,739.77 |
| Camarilla | 8,379.38 | 8,397.31 | 8,415.24 | 8,433.17 | 8,451.10 | 8,469.03 | 8,486.96 |
| Woodie | 8,139.79 | 8,257.41 | 8,335.38 | 8,453.00 | 8,530.97 | 8,648.59 | 8,726.56 |
| Fibonacci | 8,264.02 | 8,338.73 | 8,384.89 | 8,459.61 | 8,534.32 | 8,580.48 | 8,655.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,321.43 | 7,674.09 | 8,130.29 | 8,482.95 | 8,939.15 | 9,291.81 | 9,748.01 |
| Camarilla | 8,364.04 | 8,438.19 | 8,512.34 | 8,586.48 | 8,660.63 | 8,734.77 | 8,808.92 |
| Woodie | 7,373.19 | 7,699.98 | 8,182.05 | 8,508.84 | 8,990.91 | 9,317.70 | 9,799.77 |
| Fibonacci | 7,674.09 | 7,983.08 | 8,173.97 | 8,482.95 | 8,791.94 | 8,982.83 | 9,291.81 |
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): | 50.78 | |
| MACD (12,26,9): | -8.4800 | |
| Directional Movement: | -1.78 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 8,404.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,431.58 | |
| Elder Ray (13): | 10.20 | |
| Super Trend (3,10): | 8,468.90 | |
| Zig ZAG (10): | 8,423.93 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 48.82 | |
| TEMA (21): | 8,393.52 | |
| Williams %R (14): | -23.41 | |
| Chande Momentum Oscillator (20): | 28.43 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.03 |
| MA7: | 8,461.77 | |
| MA20: | 8,344.86 | |
| MA50: | 8,658.42 | |
| MA100: | 8,608.97 | |
| MAexp7: | 8,408.83 | |
| MAexp20: | 8,415.48 | |
| MAexp50: | 8,412.80 | |
| MAexp100: | 8,406.01 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | -2.66% | |
| Price / MA100: | -2.11% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.26% |
Quotes :
-
15 min delayed data
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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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