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 04/03/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 16,690.83 USD

My targets

16,438.34 USD (-0.83%)

16,057.40 USD (-3.13%)

My analysis

The bearish trend is currently very strong for NASDAQ COMPOSITE INDEX. As long as the price remains below the resistance at 16,690.83 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 16,438.34 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 16,057.40 USD as an objective. Crossing it would then enable sellers to target 14,303.22 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.7

Comment on the analysis

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 tiho. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NASDAQ COMPOSITE INDEX rating 16,575.91 USD. On the day, this instrument lost -5.82% and was between 16,545.71 USD and 16,889.34 USD. This implies that the price is at +0.18% from its lowest and at -1.86% from its highest.

16,545.71

16,889.34

16,575.91

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 2 (Daily)

Type : Neutral

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,592.72	14,303.22	16,057.40	16,575.91	16,690.83	17,303.01	17,908.41
Change (%)	-24.03%	-13.71%	-3.13%	-	+0.69%	+4.39%	+8.04%
Change	-3,983.19	-2,272.69	-518.51	-	+114.92	+727.10	+1,332.50
Level	Minor	Intermediate	Major	-	Intermediate	Major	Intermediate

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
Standard	16,747.46	16,964.36	17,282.71	17,499.61	17,817.96	18,034.86	18,353.21
Camarilla	17,453.86	17,502.92	17,551.99	17,601.05	17,650.12	17,699.18	17,748.24
Woodie	16,798.18	16,989.72	17,333.43	17,524.97	17,868.68	18,060.22	18,403.93
Fibonacci	16,964.36	17,168.83	17,295.15	17,499.61	17,704.08	17,830.40	18,034.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15,978.92	16,630.99	16,976.99	17,629.06	17,975.06	18,627.13	18,973.13
Camarilla	17,048.52	17,140.01	17,231.50	17,322.99	17,414.48	17,505.97	17,597.46
Woodie	15,825.89	16,554.47	16,823.96	17,552.54	17,822.03	18,550.61	18,820.10
Fibonacci	16,630.99	17,012.25	17,247.80	17,629.06	18,010.32	18,245.87	18,627.13

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,300.41	15,577.39	16,438.34	17,715.32	18,576.27	19,853.25	20,714.20
Camarilla	16,711.36	16,907.34	17,103.31	17,299.29	17,495.27	17,691.24	17,887.22
Woodie	14,092.40	15,473.38	16,230.33	17,611.31	18,368.26	19,749.24	20,506.19
Fibonacci	15,577.39	16,394.08	16,898.63	17,715.32	18,532.01	19,036.56	19,853.25

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):	32.90
MACD (12,26,9):	-200.7200
Directional Movement:	-27.84
AROON (14):	-35.72
DEMA (21):	16,829.70
Parabolic SAR (0,02-0,02-0,2):	17,416.21
Elder Ray (13):	-280.26
Super Trend (3,10):	17,174.79
Zig ZAG (10):	16,690.22
VORTEX (21):	0.9700
Stochastique (14,3,5):	9.84
TEMA (21):	16,726.48
Williams %R (14):	-89.50
Chande Momentum Oscillator (20):	-776.61
Repulse (5,40,3):	0.0000
ROCnROLL:	2
TRIX (15,9):	-0.1100
Courbe Coppock:	6.96

MA7:	17,436.78
MA20:	17,643.01
MA50:	18,710.85
MA100:	19,086.33
MAexp7:	16,807.24
MAexp20:	17,120.70
MAexp50:	17,373.84
MAexp100:	17,606.75
Price / MA7:	-4.94%
Price / MA20:	-6.05%
Price / MA50:	-11.41%
Price / MA100:	-13.15%
Price / MAexp7:	-1.38%
Price / MAexp20:	-3.18%
Price / MAexp50:	-4.59%
Price / MAexp100:	-5.85%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The latest news and videos published on NASDAQ COMPOSITE INDEX at the time of the analysis were as follows:

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

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