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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 08/03/2020 (GMT)

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

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 10,660.90 USD
My targets
10,858.40 USD (+1.05%)
My analysis
The bullish trend is currently very strong on NASDAQ COMPOSITE INDEX. As long as the price remains above the support at 10,660.90 USD, you could try to benefit from the boom. The first bullish objective is located at 10,858.40 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.9

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.

NASDAQ 777
This analysis was given by NASDAQ 777. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The NASDAQ COMPOSITE INDEX rating is 10,745.27 USD. On the day, this instrument gained +1.49% and was between 10,557.70 USD and 10,746.86 USD. This implies that the price is at +1.78% from its lowest and at -0.01% from its highest.

10,557.70
10,746.86
10,745.27

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

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



Technical


Technical analysis of this 15 min. chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

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 these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes


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.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 10,023.30 10,218.80 10,368.70 10,745.27 10,767.10
Change (%) -6.72% -4.90% -3.50% - +0.20%
Change -721.97 -526.47 -376.57 - +21.83
Level 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
Standard10,265.9210,339.0110,463.4110,536.5010,660.9010,733.9910,858.40
Camarilla10,533.5010,551.6110,569.7110,587.8110,605.9210,624.0210,642.12
Woodie10,291.5810,351.8410,489.0710,549.3310,686.5610,746.8210,884.05
Fibonacci10,339.0110,414.4510,461.0610,536.5010,611.9410,658.5510,733.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,484.409,850.8610,107.0210,473.4710,729.6311,096.0911,352.25
Camarilla10,191.9610,249.0310,306.1010,363.1810,420.2510,477.3210,534.40
Woodie9,429.269,823.2810,051.8710,445.9010,674.4811,068.5111,297.10
Fibonacci9,850.8610,088.7010,235.6310,473.4710,711.3110,858.2511,096.09


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,748.479,075.739,567.279,894.5310,386.0710,713.3311,204.87
Camarilla9,833.639,908.699,983.7410,058.8010,133.8610,208.9110,283.97
Woodie8,830.609,116.809,649.409,935.6010,468.2010,754.4011,287.00
Fibonacci9,075.739,388.529,581.759,894.5310,207.3210,400.5510,713.33

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 70.66
MACD (12,26,9): 26.4800
Directional Movement: 22.82
AROON (14): 85.71
DEMA (21): 10,678.45
Parabolic SAR (0,02-0,02-0,2): 10,583.96
Elder Ray (13): 59.94
Super Trend (3,10): 10,621.49
Zig ZAG (10): 10,745.27
VORTEX (21): 1.1300
Stochastique (14,3,5): 94.15
TEMA (21): 10,688.14
Williams %R (14): -0.84
Chande Momentum Oscillator (20): 175.44
Repulse (5,40,3): 0.8300
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.00
MA7: 10,519.85
MA20: 10,531.74
MA50: 10,073.95
MA100: 9,144.55
MAexp7: 10,684.42
MAexp20: 10,647.15
MAexp50: 10,607.56
MAexp100: 10,572.53
Price / MA7: +2.14%
Price / MA20: +2.03%
Price / MA50: +6.66%
Price / MA100: +17.50%
Price / MAexp7: +0.57%
Price / MAexp20: +0.92%
Price / MAexp50: +1.30%
Price / MAexp100: +1.63%

Quotes : 2020-07-31 19:59:59 - 15 min delayed data - NASDAQ US Indices

News


Don"t forget to follow the news on NASDAQ COMPOSITE INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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