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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 - 1H - Technical analysis published on 06/30/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 9,817.18 USD
My targets
10,023.90 USD (+0.79%)
10,131.40 USD (+1.87%)
My analysis
The basic trend is currently slightly bullish on NASDAQ COMPOSITE INDEX and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 9,817.18 USD, purchases could be favourable. The first bullish objective would be the resistance located at 10,023.90 USD. Then the price could move towards 10,131.40 USD. Then 10,221.80 USD by extension. A return under the support to 9,817.18 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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
4.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ COMPOSITE INDEX rating is 9,945.60 USD. On the day, this instrument gained +0.72% with the lowest point at 9,863.67 USD and the highest point at 9,957.38 USD. The deviation from the price is +0.83% for the low point and -0.12% for the high point.

9,863.67
9,957.38
9,945.60

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NASDAQ COMPOSITE INDEX:
The Central Records scanner for higher/lower results shows the following items:

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


A technical analysis in 1H of this NASDAQ COMPOSITE INDEX chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9,403.75 9,663.61 9,817.18 9,945.60 10,023.90 10,131.40 10,221.80
Change (%) -5.45% -2.84% -1.29% - +0.79% +1.87% +2.78%
Change -541.85 -281.99 -128.42 - +78.30 +185.80 +276.20
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): 55.39
MACD (12,26,9): -15.4700
Directional Movement: -5.79
AROON (14): 57.14
DEMA (21): 9,850.16
Parabolic SAR (0,02-0,02-0,2): 9,678.79
Elder Ray (13): 74.52
Super Trend (3,10): 9,962.37
Zig ZAG (10): 9,940.21
VORTEX (21): 1.0400
Stochastique (14,3,5): 84.09
TEMA (21): 9,851.64
Williams %R (14): -5.91
Chande Momentum Oscillator (20): 96.21
Repulse (5,40,3): 0.9000
ROCnROLL: 1
TRIX (15,9): -0.0600
Courbe Coppock: 0.60
MA7: 9,955.14
MA20: 9,860.48
MA50: 9,350.22
MA100: 8,847.45
MAexp7: 9,882.71
MAexp20: 9,878.42
MAexp50: 9,902.63
MAexp100: 9,858.83
Price / MA7: -0.10%
Price / MA20: +0.86%
Price / MA50: +6.37%
Price / MA100: +12.41%
Price / MAexp7: +0.64%
Price / MAexp20: +0.68%
Price / MAexp50: +0.43%
Price / MAexp100: +0.88%

Quotes : 2020-06-30 14:47:48 - 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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