NASDAQ COMPOSITE INDEX - 1H - Technical analysis published on 03/05/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
33%
50%
My opinion
Bearish under 18,372.99 USD
My targets
17,902.64 USD (-2.09%)
17,683.59 USD (-3.29%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ COMPOSITE INDEX as long as the price remains well below 18,372.99 USD. The sellers' bearish objective is set at 17,902.64 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17,683.59 USD. In case of crossing, the next objective would be the support located at 17,019.88 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ COMPOSITE INDEX price is 18,285.16 USD. The price is lower by -0.35% since the last closing and was between 17,956.60 USD and 18,589.49 USD. This implies that the price is at +1.83% from its lowest and at -1.64% from its highest.17,956.60
18,589.49
18,285.16
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this NASDAQ COMPOSITE INDEX chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 9 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 16,690.83 | 17,019.88 | 17,902.64 | 18,285.16 | 18,372.99 | 18,647.45 | 19,044.39 |
Change (%) | -8.72% | -6.92% | -2.09% | - | +0.48% | +1.98% | +4.15% |
Change | -1,594.33 | -1,265.28 | -382.52 | - | +87.83 | +362.29 | +759.23 |
Level | Minor | Minor | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17,331.79 | 17,644.19 | 17,964.68 | 18,277.08 | 18,597.57 | 18,909.97 | 19,230.46 |
Camarilla | 18,111.12 | 18,169.13 | 18,227.15 | 18,285.16 | 18,343.18 | 18,401.19 | 18,459.21 |
Woodie | 17,335.83 | 17,646.21 | 17,968.72 | 18,279.10 | 18,601.61 | 18,911.99 | 19,234.50 |
Fibonacci | 17,644.19 | 17,885.96 | 18,035.32 | 18,277.08 | 18,518.85 | 18,668.21 | 18,909.97 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 16,994.20 | 17,683.59 | 18,265.44 | 18,954.83 | 19,536.68 | 20,226.07 | 20,807.92 |
Camarilla | 18,497.69 | 18,614.22 | 18,730.75 | 18,847.28 | 18,963.81 | 19,080.34 | 19,196.87 |
Woodie | 16,940.42 | 17,656.71 | 18,211.66 | 18,927.95 | 19,482.90 | 20,199.19 | 20,754.14 |
Fibonacci | 17,683.59 | 18,169.21 | 18,469.22 | 18,954.83 | 19,440.45 | 19,740.46 | 20,226.07 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 16,373.01 | 17,373.00 | 18,110.14 | 19,110.13 | 19,847.27 | 20,847.26 | 21,584.40 |
Camarilla | 18,369.57 | 18,528.81 | 18,688.04 | 18,847.28 | 19,006.52 | 19,165.75 | 19,324.99 |
Woodie | 16,241.59 | 17,307.29 | 17,978.72 | 19,044.42 | 19,715.85 | 20,781.55 | 21,452.98 |
Fibonacci | 17,373.00 | 18,036.58 | 18,446.55 | 19,110.13 | 19,773.71 | 20,183.68 | 20,847.26 |
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): | 39.68 | |
MACD (12,26,9): | -173.1300 | |
Directional Movement: | -12.48 | |
AROON (14): | -57.15 | |
DEMA (21): | 18,248.94 | |
Parabolic SAR (0,02-0,02-0,2): | 17,956.60 | |
Elder Ray (13): | 3.55 | |
Super Trend (3,10): | 18,612.13 | |
Zig ZAG (10): | 18,285.16 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 41.36 | |
TEMA (21): | 18,248.20 | |
Williams %R (14): | -68.28 | |
Chande Momentum Oscillator (20): | -439.79 | |
Repulse (5,40,3): | -0.5400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1400 | |
Courbe Coppock: | 3.86 |
MA7: | 18,773.66 | |
MA20: | 19,432.09 | |
MA50: | 19,520.17 | |
MA100: | 19,244.42 | |
MAexp7: | 18,339.19 | |
MAexp20: | 18,487.12 | |
MAexp50: | 18,824.88 | |
MAexp100: | 19,134.24 | |
Price / MA7: | -2.60% | |
Price / MA20: | -5.90% | |
Price / MA50: | -6.33% | |
Price / MA100: | -4.98% | |
Price / MAexp7: | -0.29% | |
Price / MAexp20: | -1.09% | |
Price / MAexp50: | -2.87% | |
Price / MAexp100: | -4.44% |
Quotes :
-
15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ COMPOSITE INDEX at the time of the analysis were as follows:
-
Nasdaq Composite officially entered bear market
-
Nasdaq Composite Courts Bear Market Territory
-
S&P 500 And Nasdaq Composite Close To Record Highs
-
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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