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 03/05/2025 (GMT)

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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

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

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


S3S2S1PriceR1R2R3
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
Standard17,331.7917,644.1917,964.6818,277.0818,597.5718,909.9719,230.46
Camarilla18,111.1218,169.1318,227.1518,285.1618,343.1818,401.1918,459.21
Woodie17,335.8317,646.2117,968.7218,279.1018,601.6118,911.9919,234.50
Fibonacci17,644.1917,885.9618,035.3218,277.0818,518.8518,668.2118,909.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,994.2017,683.5918,265.4418,954.8319,536.6820,226.0720,807.92
Camarilla18,497.6918,614.2218,730.7518,847.2818,963.8119,080.3419,196.87
Woodie16,940.4217,656.7118,211.6618,927.9519,482.9020,199.1920,754.14
Fibonacci17,683.5918,169.2118,469.2218,954.8319,440.4519,740.4620,226.07


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,373.0117,373.0018,110.1419,110.1319,847.2720,847.2621,584.40
Camarilla18,369.5718,528.8118,688.0418,847.2819,006.5219,165.7519,324.99
Woodie16,241.5917,307.2917,978.7219,044.4219,715.8520,781.5521,452.98
Fibonacci17,373.0018,036.5818,446.5519,110.1319,773.7120,183.6820,847.26

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 - NASDAQ US Indices

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

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