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 01/05/2025 (GMT)

  • 334
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Neutral between 19,515.23 USD and 19,687.24 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 19,687.24 USD. The first support is located at 19,515.23 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by NASDAQ COMPOSITE INDEX.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 Arjun12345. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ COMPOSITE INDEX rating is 19,621.68 USD. The price has increased by +1.77% since the last closing with the lowest point at 19,379.57 USD and the highest point at 19,638.66 USD. The deviation from the price is +1.25% for the low point and -0.09% for the high point.

19,379.57
19,638.66
19,621.68

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 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


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 bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18,937.20 19,172.69 19,515.23 19,621.68 19,687.24 19,892.49 20,173.89
Change (%) -3.49% -2.29% -0.54% - +0.33% +1.38% +2.81%
Change -684.48 -448.99 -106.45 - +65.56 +270.81 +552.21
Level Minor Major Minor - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19,195.5219,287.5519,454.6119,546.6419,713.7019,805.7319,972.79
Camarilla19,550.4319,574.1819,597.9319,621.6819,645.4319,669.1819,692.93
Woodie19,233.0519,306.3119,492.1419,565.4019,751.2319,824.4920,010.32
Fibonacci19,287.5519,386.5219,447.6619,546.6419,645.6119,706.7519,805.73


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18,758.8918,938.2419,279.9619,459.3119,801.0319,980.3820,322.10
Camarilla19,478.3919,526.1519,573.9219,621.6819,669.4519,717.2119,764.97
Woodie18,840.0818,978.8319,361.1519,499.9019,882.2220,020.9720,403.29
Fibonacci18,938.2419,137.2919,260.2619,459.3119,658.3619,781.3319,980.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17,881.7218,525.0518,917.9219,561.2519,954.1220,597.4520,990.32
Camarilla19,025.8419,120.8219,215.8119,310.7919,405.7819,500.7619,595.75
Woodie17,756.4918,462.4418,792.6919,498.6419,828.8920,534.8420,865.09
Fibonacci18,525.0518,920.8819,165.4219,561.2519,957.0820,201.6220,597.45

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 57.60
MACD (12,26,9): 0.6000
Directional Movement: 8.74
AROON (14): 64.29
DEMA (21): 19,457.49
Parabolic SAR (0,02-0,02-0,2): 19,229.81
Elder Ray (13): 114.14
Super Trend (3,10): 19,269.35
Zig ZAG (10): 19,621.68
VORTEX (21): 0.9900
Stochastique (14,3,5): 96.46
TEMA (21): 19,525.11
Williams %R (14): -3.26
Chande Momentum Oscillator (20): 247.44
Repulse (5,40,3): 0.5500
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 1.43
MA7: 19,639.08
MA20: 19,735.39
MA50: 19,234.97
MA100: 18,527.93
MAexp7: 19,542.82
MAexp20: 19,484.44
MAexp50: 19,564.47
MAexp100: 19,624.25
Price / MA7: -0.09%
Price / MA20: -0.58%
Price / MA50: +2.01%
Price / MA100: +5.90%
Price / MAexp7: +0.40%
Price / MAexp20: +0.70%
Price / MAexp50: +0.29%
Price / MAexp100: -0.01%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

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