NASDAQ HEALTH CARE
NASDAQ HEALTH CARE
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: IXHC
ISIN:

NASDAQ HEALTH CARE - 1H - Technical analysis published on 01/26/2023 (GMT)

  • 125
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 948.84 USD
My targets
955.22 USD (+0.38%)
968.04 USD (+1.73%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ HEALTH CARE as long as the price remains well above 948.84 USD. The buyers' bullish objective is set at 955.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 968.04 USD. If there is any crossing, the next objective would be the resistance located at 1,140.92 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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
0
10
6.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ HEALTH CARE rating is 951.61 USD. The price is lower by -0.02% since the last closing and was between 946.78 USD and 958.12 USD. This implies that the price is at +0.51% from its lowest and at -0.68% from its highest.

946.78
958.12
951.61

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NASDAQ HEALTH CARE indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour


Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 915.37 935.47 948.84 951.61 955.22 968.04 1,140.92
Change (%) -3.81% -1.70% -0.29% - +0.38% +1.73% +19.89%
Change -36.24 -16.14 -2.77 - +3.61 +16.43 +189.31
Level Intermediate Intermediate Minor - Major Minor 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
Standard931.93935.95943.85947.87955.77959.79967.69
Camarilla948.48949.58950.67951.76952.85953.95955.04
Woodie933.88936.92945.80948.84957.72960.76969.64
Fibonacci935.95940.50943.31947.87952.42955.23959.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard898.90916.43932.97950.50967.04984.571,001.11
Camarilla940.13943.25946.38949.50952.62955.75958.87
Woodie898.40916.18932.47950.25966.54984.321,000.61
Fibonacci916.43929.45937.49950.50963.52971.56984.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard811.44849.77881.20919.53950.96989.291,020.72
Camarilla893.46899.85906.25912.64919.04925.43931.82
Woodie808.00848.05877.76917.81947.52987.571,017.28
Fibonacci849.77876.42892.88919.53946.18962.64989.29

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): 53.24
MACD (12,26,9): 0.2100
Directional Movement: 4.55
AROON (14): 42.86
DEMA (21): 950.06
Parabolic SAR (0,02-0,02-0,2): 941.70
Elder Ray (13): 1.23
Super Trend (3,10): 955.50
Zig ZAG (10): 951.49
VORTEX (21): 1.0100
Stochastique (14,3,5): 58.09
TEMA (21): 949.45
Williams %R (14): -36.96
Chande Momentum Oscillator (20): 9.29
Repulse (5,40,3): 0.0800
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.58
MA7: 949.76
MA20: 934.11
MA50: 928.53
MA100: 894.06
MAexp7: 949.92
MAexp20: 949.70
MAexp50: 947.77
MAexp100: 942.03
Price / MA7: +0.19%
Price / MA20: +1.87%
Price / MA50: +2.49%
Price / MA100: +6.44%
Price / MAexp7: +0.18%
Price / MAexp20: +0.20%
Price / MAexp50: +0.41%
Price / MAexp100: +1.02%

Quotes : - 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

Online

Overall rating :
15111
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis NASDAQ HEALTH CARE - 1H