FIDELITY NASDAQ COMPOSITE TRACKING STOC - 1H - Technical analysis published on 06/05/2023 (GMT)
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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
33%
11%
56%
My opinion
Bullish above 51.66 USD
My targets
52.97 USD (+1.92%)
53.89 USD (+3.69%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FIDELITY NASDAQ COMPOSITE TRACKING STOC as long as the price remains well above 51.66 USD. The buyers' bullish objective is set at 52.97 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 53.89 USD. If there is any crossing, the next objective would be the resistance located at 266.86 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.8
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
FIDELITY NASDAQ COMPOSITE TRACKING STOC rating 51.97 USD. The price is lower by -0.04% since the last closing with the lowest point at 51.83 USD and the highest point at 52.35 USD. The deviation from the price is +0.27% for the low point and -0.73% for the high point.51.83
52.35
51.97
Here is a more detailed summary of the historical variations registered by FIDELITY NASDAQ COMPOSITE TRACKING STOC:
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 FIDELITY NASDAQ COMPOSITE TRACKING STOC in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.95 | 50.90 | 51.66 | 51.97 | 266.86 | 382.27 | 546.10 |
| Change (%) | -3.89% | -2.06% | -0.60% | - | +413.49% | +635.56% | +950.80% |
| Change | -2.02 | -1.07 | -0.31 | - | +214.89 | +330.30 | +494.13 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.18 | 51.36 | 51.68 | 51.86 | 52.18 | 52.36 | 52.68 |
| Camarilla | 51.85 | 51.90 | 51.94 | 51.99 | 52.04 | 52.08 | 52.13 |
| Woodie | 51.24 | 51.40 | 51.74 | 51.90 | 52.24 | 52.40 | 52.74 |
| Fibonacci | 51.36 | 51.55 | 51.67 | 51.86 | 52.05 | 52.17 | 52.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.66 | 50.15 | 51.07 | 51.56 | 52.48 | 52.97 | 53.89 |
| Camarilla | 51.60 | 51.73 | 51.86 | 51.99 | 52.12 | 52.25 | 52.38 |
| Woodie | 49.88 | 50.26 | 51.29 | 51.67 | 52.70 | 53.08 | 54.11 |
| Fibonacci | 50.15 | 50.69 | 51.02 | 51.56 | 52.10 | 52.43 | 52.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.01 | 44.91 | 47.86 | 49.76 | 52.71 | 54.61 | 57.56 |
| Camarilla | 49.48 | 49.92 | 50.37 | 50.81 | 51.26 | 51.70 | 52.14 |
| Woodie | 43.54 | 45.17 | 48.39 | 50.02 | 53.24 | 54.87 | 58.09 |
| Fibonacci | 44.91 | 46.76 | 47.91 | 49.76 | 51.61 | 52.76 | 54.61 |
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): | 60.05 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 6.42 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 52.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.35 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 51.67 | |
| Zig ZAG (10): | 51.97 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 68.50 | |
| TEMA (21): | 52.27 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.56 |
| MA7: | 51.16 | |
| MA20: | 49.64 | |
| MA50: | 48.21 | |
| MA100: | 46.75 | |
| MAexp7: | 52.07 | |
| MAexp20: | 51.82 | |
| MAexp50: | 51.17 | |
| MAexp100: | 50.38 | |
| Price / MA7: | +1.58% | |
| Price / MA20: | +4.69% | |
| Price / MA50: | +7.80% | |
| Price / MA100: | +11.17% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +1.56% | |
| Price / MAexp100: | +3.16% |
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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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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