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NASDAQ COMPOSITE INDEX
NASDAQ COMPOSITE INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: COMP
ISIN: XC0009694271

NASDAQ COMPOSITE INDEX - 15 min. - Technical analysis published on 06/30/2020 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 9,804.41 USD
My targets
10,016.27 USD (+0.69%)
10,157.07 USD (+2.10%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NASDAQ COMPOSITE INDEX. This is a positive signal for buyers. As long as the price remains above 9,804.41 USD, a purchase could be considered. The first bullish objective is located at 10,016.27 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 10,157.07 USD as an objective. Crossing it would then enable buyers to target 10,221.80 USD. In the event of a return below 9,804.41 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
7.3

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.

christos
This analysis was given by christos. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

NASDAQ COMPOSITE INDEX rating 9,947.82 USD. The price has increased by +0.75% since the last closing with the lowest point at 9,863.67 USD and the highest point at 9,957.38 USD. The deviation from the price is +0.85% for the low point and -0.10% for the high point.

9,863.67
9,957.38
9,947.82

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 15 minutes



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9,403.75 9,663.61 9,817.18 9,947.82 10,023.90 10,131.40 10,221.80
Change (%) -5.47% -2.86% -1.31% - +0.76% +1.85% +2.75%
Change -544.07 -284.21 -130.64 - +76.08 +183.58 +273.98
Level Intermediate Minor Major - Intermediate Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,521.499,592.559,733.359,804.419,945.2110,016.2710,157.07
Camarilla9,815.899,835.319,854.739,874.159,893.579,912.999,932.41
Woodie9,556.379,609.999,768.229,821.859,980.0810,033.7010,191.94
Fibonacci9,592.559,673.489,723.489,804.419,885.349,935.3410,016.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,124.139,436.609,596.919,909.3810,069.6910,382.1610,542.47
Camarilla9,627.209,670.549,713.889,757.229,800.569,843.909,887.23
Woodie9,048.059,398.569,520.839,871.349,993.6110,344.1210,466.39
Fibonacci9,436.609,617.209,728.779,909.3810,089.9810,201.5610,382.16


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,858.108,197.978,843.929,183.789,829.7310,169.6010,815.55
Camarilla9,218.779,309.149,399.519,489.879,580.249,670.619,760.97
Woodie8,011.158,274.498,996.969,260.309,982.7810,246.1210,968.60
Fibonacci8,197.978,574.558,807.209,183.789,560.369,793.0210,169.60

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): 71.00
MACD (12,26,9): 26.5600
Directional Movement: 21.73
AROON (14): 50.00
DEMA (21): 9,896.79
Parabolic SAR (0,02-0,02-0,2): 9,823.72
Elder Ray (13): 65.71
Super Trend (3,10): 9,869.43
Zig ZAG (10): 9,941.52
VORTEX (21): 1.2600
Stochastique (14,3,5): 92.08
TEMA (21): 9,920.55
Williams %R (14): -9.73
Chande Momentum Oscillator (20): 93.16
Repulse (5,40,3): 0.2500
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.23
MA7: 9,955.14
MA20: 9,860.48
MA50: 9,350.30
MA100: 8,847.51
MAexp7: 9,914.57
MAexp20: 9,869.44
MAexp50: 9,858.97
MAexp100: 9,885.42
Price / MA7: -0.07%
Price / MA20: +0.89%
Price / MA50: +6.39%
Price / MA100: +12.44%
Price / MAexp7: +0.33%
Price / MAexp20: +0.79%
Price / MAexp50: +0.90%
Price / MAexp100: +0.63%

Quotes : 2020-06-30 14:45:13 - 15 min delayed data - NASDAQ US Indices

News


The latest news and videos published on NASDAQ COMPOSITE INDEX at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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