NASDAQ HEALTH CARE - Daily - Technical analysis published on 10/26/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 1,244.97 USD
My targets
1,185.66 USD (-2.98%)
1,140.92 USD (-6.64%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NASDAQ HEALTH CARE. As long as you are under the resistance located at 1,244.97 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1,185.66 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1,140.92 USD as an objective. Crossing it would then enable sellers to target 862.15 USD. If the resistance 1,244.97 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ HEALTH CARE price is 1,222.02 USD. The price has increased by +0.80% since the last closing and was between 1,207.36 USD and 1,223.75 USD. This implies that the price is at +1.21% from its lowest and at -0.14% from its highest.1,207.36
1,223.75
1,222.02
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 HEALTH CARE chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,140.92 | 1,185.66 | 1,211.88 | 1,222.02 | 1,244.97 | 1,261.92 | 1,287.73 |
| Change (%) | -6.64% | -2.98% | -0.83% | - | +1.88% | +3.27% | +5.38% |
| Change | -81.10 | -36.36 | -10.14 | - | +22.95 | +39.90 | +65.71 |
| Level | Major | Major | Major | - | Intermediate | Major | Intermediate |
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 | 1,195.28 | 1,201.32 | 1,211.67 | 1,217.71 | 1,228.06 | 1,234.10 | 1,244.45 |
| Camarilla | 1,217.51 | 1,219.02 | 1,220.52 | 1,222.02 | 1,223.52 | 1,225.03 | 1,226.53 |
| Woodie | 1,197.44 | 1,202.40 | 1,213.83 | 1,218.79 | 1,230.22 | 1,235.18 | 1,246.61 |
| Fibonacci | 1,201.32 | 1,207.58 | 1,211.45 | 1,217.71 | 1,223.97 | 1,227.84 | 1,234.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,166.10 | 1,177.85 | 1,195.11 | 1,206.86 | 1,224.12 | 1,235.87 | 1,253.13 |
| Camarilla | 1,204.39 | 1,207.05 | 1,209.71 | 1,212.37 | 1,215.03 | 1,217.69 | 1,220.35 |
| Woodie | 1,168.86 | 1,179.23 | 1,197.87 | 1,208.24 | 1,226.88 | 1,237.25 | 1,255.89 |
| Fibonacci | 1,177.85 | 1,188.93 | 1,195.78 | 1,206.86 | 1,217.94 | 1,224.79 | 1,235.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,095.74 | 1,165.65 | 1,202.23 | 1,272.14 | 1,308.72 | 1,378.63 | 1,415.21 |
| Camarilla | 1,209.52 | 1,219.28 | 1,229.04 | 1,238.80 | 1,248.56 | 1,258.32 | 1,268.09 |
| Woodie | 1,079.07 | 1,157.32 | 1,185.56 | 1,263.81 | 1,292.05 | 1,370.30 | 1,398.54 |
| Fibonacci | 1,165.65 | 1,206.33 | 1,231.46 | 1,272.14 | 1,312.82 | 1,337.95 | 1,378.63 |
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): | 47.57 | |
| MACD (12,26,9): | -15.1000 | |
| Directional Movement: | -7.95 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1,197.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,193.01 | |
| Elder Ray (13): | 2.44 | |
| Super Trend (3,10): | 1,250.65 | |
| Zig ZAG (10): | 1,222.02 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 86.85 | |
| TEMA (21): | 1,196.91 | |
| Williams %R (14): | -4.38 | |
| Chande Momentum Oscillator (20): | 16.96 | |
| Repulse (5,40,3): | 1.3300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2500 | |
| Courbe Coppock: | 1.35 |
| MA7: | 1,209.86 | |
| MA20: | 1,208.88 | |
| MA50: | 1,263.30 | |
| MA100: | 1,264.93 | |
| MAexp7: | 1,212.27 | |
| MAexp20: | 1,220.55 | |
| MAexp50: | 1,244.79 | |
| MAexp100: | 1,248.97 | |
| Price / MA7: | +1.01% | |
| Price / MA20: | +1.09% | |
| Price / MA50: | -3.27% | |
| Price / MA100: | -3.39% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | -1.83% | |
| Price / MAexp100: | -2.16% |
Quotes :
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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.
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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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