NASDAQ REAL ESTATE AND OTHER FINANCIAL - Daily - Technical analysis published on 06/08/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 8,365.43 USD
My targets
8,816.90 USD (+2.86%)
9,124.65 USD (+6.45%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly 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 8,365.43 USD. The buyers' bullish objective is set at 8,816.90 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,124.65 USD. If there is any crossing, the next objective would be the resistance located at 9,281.08 USD.
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
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ REAL ESTATE AND OTHER FINANCIAL rating is 8,571.87 USD. The price registered a decrease of -0.02% on the session and was traded between 8,513.65 USD and 8,582.17 USD over the period. The price is currently at +0.68% from its lowest and -0.12% from its highest.8,513.65
8,582.17
8,571.87
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this NASDAQ REAL ESTATE AND OTHER FINANCIAL chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals 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, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7,808.97 | 8,155.84 | 8,365.43 | 8,571.87 | 8,587.68 | 8,816.90 | 9,124.65 |
| Change (%) | -8.90% | -4.85% | -2.41% | - | +0.18% | +2.86% | +6.45% |
| Change | -762.90 | -416.03 | -206.44 | - | +15.81 | +245.03 | +552.78 |
| Level | Major | Major | Major | - | Major | Minor | Minor |
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 | 8,490.43 | 8,511.80 | 8,542.52 | 8,563.89 | 8,594.61 | 8,615.98 | 8,646.70 |
| Camarilla | 8,558.91 | 8,563.68 | 8,568.46 | 8,573.23 | 8,578.01 | 8,582.78 | 8,587.56 |
| Woodie | 8,495.10 | 8,514.14 | 8,547.19 | 8,566.23 | 8,599.28 | 8,618.32 | 8,651.37 |
| Fibonacci | 8,511.80 | 8,531.70 | 8,544.00 | 8,563.89 | 8,583.79 | 8,596.09 | 8,615.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,987.84 | 8,106.26 | 8,331.63 | 8,450.05 | 8,675.42 | 8,793.84 | 9,019.21 |
| Camarilla | 8,462.46 | 8,493.97 | 8,525.49 | 8,557.00 | 8,588.51 | 8,620.03 | 8,651.54 |
| Woodie | 8,041.32 | 8,133.00 | 8,385.11 | 8,476.79 | 8,728.90 | 8,820.58 | 9,072.69 |
| Fibonacci | 8,106.26 | 8,237.59 | 8,318.72 | 8,450.05 | 8,581.38 | 8,662.51 | 8,793.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,687.53 | 7,892.02 | 8,101.28 | 8,305.77 | 8,515.03 | 8,719.52 | 8,928.78 |
| Camarilla | 8,196.75 | 8,234.68 | 8,272.60 | 8,310.53 | 8,348.46 | 8,386.38 | 8,424.31 |
| Woodie | 7,689.91 | 7,893.21 | 8,103.66 | 8,306.96 | 8,517.41 | 8,720.71 | 8,931.16 |
| Fibonacci | 7,892.02 | 8,050.08 | 8,147.72 | 8,305.77 | 8,463.83 | 8,561.47 | 8,719.52 |
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): | 61.79 | |
| MACD (12,26,9): | 53.7600 | |
| Directional Movement: | 10.88 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 8,435.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,182.29 | |
| Elder Ray (13): | 124.69 | |
| Super Trend (3,10): | 8,240.71 | |
| Zig ZAG (10): | 8,576.63 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 96.41 | |
| TEMA (21): | 8,515.63 | |
| Williams %R (14): | -1.81 | |
| Chande Momentum Oscillator (20): | 232.61 | |
| Repulse (5,40,3): | 1.7100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 5.30 |
| MA7: | 8,490.47 | |
| MA20: | 8,328.64 | |
| MA50: | 8,383.04 | |
| MA100: | 8,550.45 | |
| MAexp7: | 8,490.73 | |
| MAexp20: | 8,388.46 | |
| MAexp50: | 8,392.76 | |
| MAexp100: | 8,459.20 | |
| Price / MA7: | +0.96% | |
| Price / MA20: | +2.92% | |
| Price / MA50: | +2.25% | |
| Price / MA100: | +0.25% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +2.19% | |
| Price / MAexp50: | +2.13% | |
| Price / MAexp100: | +1.33% |
Quotes :
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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
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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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