NASDAQ COMPOSITE INDEX - 15 min. - Technical analysis published on 06/24/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 11,179.58 USD
My targets
11,312.88 USD (+0.72%)
11,393.57 USD (+1.44%)
My analysis
NASDAQ COMPOSITE INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11,179.58 USD. The next resistance located at 11,312.88 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 11,393.57 USD. After this resistance, buyers could then target 11,526.87 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.8
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Additional analysis
Quotes
The NASDAQ COMPOSITE INDEX rating is 11,232.19 USD. On the day, this instrument gained +1.62% with the lowest point at 11,046.28 USD and the highest point at 11,260.27 USD. The deviation from the price is +1.68% for the low point and -0.25% for the high point.11,046.28
11,260.27
11,232.19
Here is a more detailed summary of the historical variations registered by NASDAQ COMPOSITE INDEX:
Technical
Technical analysis of NASDAQ COMPOSITE INDEX in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,633.00 | 10,831.60 | 11,035.00 | 11,232.19 | 11,264.40 | 11,553.90 | 11,897.10 |
| Change (%) | -5.33% | -3.57% | -1.76% | - | +0.29% | +2.86% | +5.92% |
| Change | -599.19 | -400.59 | -197.19 | - | +32.21 | +321.71 | +664.91 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,884.90 | 10,965.59 | 11,098.89 | 11,179.58 | 11,312.88 | 11,393.57 | 11,526.87 |
| Camarilla | 11,173.34 | 11,192.96 | 11,212.57 | 11,232.19 | 11,251.81 | 11,271.42 | 11,291.04 |
| Woodie | 10,911.21 | 10,978.74 | 11,125.20 | 11,192.73 | 11,339.19 | 11,406.72 | 11,553.18 |
| Fibonacci | 10,965.59 | 11,047.33 | 11,097.84 | 11,179.58 | 11,261.32 | 11,311.83 | 11,393.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,815.10 | 10,190.12 | 10,494.23 | 10,869.25 | 11,173.36 | 11,548.38 | 11,852.49 |
| Camarilla | 10,611.59 | 10,673.84 | 10,736.10 | 10,798.35 | 10,860.60 | 10,922.86 | 10,985.11 |
| Woodie | 9,779.66 | 10,172.39 | 10,458.79 | 10,851.52 | 11,137.92 | 11,530.65 | 11,817.05 |
| Fibonacci | 10,190.12 | 10,449.54 | 10,609.82 | 10,869.25 | 11,128.67 | 11,288.95 | 11,548.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,133.73 | 10,084.71 | 11,083.05 | 12,034.03 | 13,032.37 | 13,983.35 | 14,981.69 |
| Camarilla | 11,545.33 | 11,724.02 | 11,902.70 | 12,081.39 | 12,260.08 | 12,438.77 | 12,617.45 |
| Woodie | 9,157.41 | 10,096.55 | 11,106.73 | 12,045.87 | 13,056.05 | 13,995.19 | 15,005.37 |
| Fibonacci | 10,084.71 | 10,829.35 | 11,289.39 | 12,034.03 | 12,778.67 | 13,238.71 | 13,983.35 |
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): | 67.52 | |
| MACD (12,26,9): | 21.2800 | |
| Directional Movement: | 17.38 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 11,177.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,079.55 | |
| Elder Ray (13): | 74.17 | |
| Super Trend (3,10): | 11,132.86 | |
| Zig ZAG (10): | 11,232.19 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 92.30 | |
| TEMA (21): | 11,190.88 | |
| Williams %R (14): | -13.16 | |
| Chande Momentum Oscillator (20): | 158.44 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.84 |
| MA7: | 10,960.93 | |
| MA20: | 11,533.24 | |
| MA50: | 12,033.54 | |
| MA100: | 12,912.35 | |
| MAexp7: | 11,189.76 | |
| MAexp20: | 11,154.93 | |
| MAexp50: | 11,123.18 | |
| MAexp100: | 11,080.78 | |
| Price / MA7: | +2.47% | |
| Price / MA20: | -2.61% | |
| Price / MA50: | -6.66% | |
| Price / MA100: | -13.01% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.69% | |
| Price / MAexp50: | +0.98% | |
| Price / MAexp100: | +1.37% |
Quotes :
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15 min delayed data
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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:
-
Nasdaq Composite officially entered bear market
-
Nasdaq Composite Courts Bear Market Territory
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S&P 500 And Nasdaq Composite Close To Record Highs
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Biotech Boosts S&P 500 And Nasdaq Composite
-
Nasdaq Composite Hits Record High
This member declared not having a position on this financial instrument or a related financial instrument.
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