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 11/30/2022 (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: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 11,146.37 USD
My targets
11,359.60 USD (+0.99%)
11,492.60 USD (+2.17%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NASDAQ COMPOSITE INDEX as long as the price remains well above 11,146.37 USD. The buyers' bullish objective is set at 11,359.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11,492.60 USD. If there is any crossing, the next objective would be the resistance located at 12,056.40 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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.

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

Additional analysis

Quotes

The NASDAQ COMPOSITE INDEX price is 11,248.04 USD. The price has increased by +2.41% since the last closing and was traded between 10,966.53 USD and 11,258.90 USD over the period. The price is currently at +2.57% from its lowest and -0.10% from its highest.

10,966.53
11,258.90
11,248.04

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 study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NASDAQ COMPOSITE INDEX in 15 min. shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 15 minutes



In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes


Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes


MACD indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes


Long white line

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10,766.20 10,999.70 11,159.60 11,248.04 11,359.60 11,492.60 12,056.40
Change (%) -4.28% -2.21% -0.79% - +0.99% +2.17% +7.19%
Change -481.84 -248.34 -88.44 - +111.56 +244.56 +808.36
Level Minor Minor Intermediate - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,781.7810,863.0710,923.4311,004.7211,065.0811,146.3711,206.73
Camarilla10,944.8310,957.8110,970.8010,983.7810,996.7711,009.7511,022.73
Woodie10,771.3110,857.8410,912.9610,999.4911,054.6111,141.1411,196.26
Fibonacci10,863.0710,917.1810,950.6111,004.7211,058.8311,092.2611,146.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,695.9110,835.7911,031.0711,170.9511,366.2311,506.1111,701.39
Camarilla11,134.1911,164.9111,195.6411,226.3611,257.0811,287.8111,318.53
Woodie10,723.6210,849.6411,058.7811,184.8011,393.9411,519.9611,729.10
Fibonacci10,835.7910,963.8211,042.9211,170.9511,298.9811,378.0811,506.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,166.239,627.5310,307.8410,769.1411,449.4511,910.7512,591.06
Camarilla10,674.2110,778.8610,883.5010,988.1511,092.8011,197.4511,302.09
Woodie9,275.749,682.2810,417.3510,823.8911,558.9611,965.5012,700.57
Fibonacci9,627.5310,063.6310,333.0510,769.1411,205.2411,474.6611,910.75

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): 65.78
MACD (12,26,9): 15.2200
Directional Movement: 25.79
AROON (14): 35.72
DEMA (21): 11,040.96
Parabolic SAR (0,02-0,02-0,2): 10,977.92
Elder Ray (13): 73.38
Super Trend (3,10): 11,001.79
Zig ZAG (10): 11,115.96
VORTEX (21): 1.1800
Stochastique (14,3,5): 82.37
TEMA (21): 11,071.07
Williams %R (14): -2.37
Chande Momentum Oscillator (20): 153.13
Repulse (5,40,3): 1.4100
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.84
MA7: 11,140.55
MA20: 10,965.87
MA50: 10,883.83
MA100: 11,496.27
MAexp7: 11,110.41
MAexp20: 11,026.14
MAexp50: 11,033.10
MAexp100: 11,069.49
Price / MA7: +0.96%
Price / MA20: +2.57%
Price / MA50: +3.35%
Price / MA100: -2.16%
Price / MAexp7: +1.24%
Price / MAexp20: +2.01%
Price / MAexp50: +1.95%
Price / MAexp100: +1.61%

Quotes : - 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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