NASDAQ COMPOSITE INDEX - Daily - Technical analysis published on 04/12/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
39%
11%
My opinion
Bearish under 17,303.01 USD
My targets
16,057.40 USD (-3.99%)
15,577.39 USD (-6.86%)
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 17,303.01 USD. The sellers' bearish objective is set at 16,057.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15,577.39 USD. In case of crossing, the next objective would be the support located at 14,303.22 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
5.7
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ COMPOSITE INDEX rating 16,724.46 USD. The price registered an increase of +2.06% on the session and was between 16,228.04 USD and 16,753.41 USD. This implies that the price is at +3.06% from its lowest and at -0.17% from its highest.16,228.04
16,753.41
16,724.46
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this NASDAQ COMPOSITE INDEX chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 9 are bullish, 2 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point (Daily)
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,303.22 | 16,057.40 | 16,690.83 | 16,724.46 | 17,303.01 | 18,273.49 | 18,647.45 |
| Change (%) | -14.48% | -3.99% | -0.20% | - | +3.46% | +9.26% | +11.50% |
| Change | -2,421.24 | -667.06 | -33.63 | - | +578.55 | +1,549.03 | +1,922.99 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 15,858.49 | 16,043.27 | 16,383.86 | 16,568.64 | 16,909.23 | 17,094.01 | 17,434.60 |
| Camarilla | 16,579.98 | 16,628.14 | 16,676.30 | 16,724.46 | 16,772.62 | 16,820.78 | 16,868.94 |
| Woodie | 15,936.41 | 16,082.22 | 16,461.78 | 16,607.59 | 16,987.15 | 17,132.96 | 17,512.52 |
| Fibonacci | 16,043.27 | 16,243.96 | 16,367.95 | 16,568.64 | 16,769.33 | 16,893.32 | 17,094.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,852.44 | 13,818.23 | 15,271.35 | 16,237.14 | 17,690.26 | 18,656.05 | 20,109.17 |
| Camarilla | 16,059.26 | 16,280.99 | 16,502.73 | 16,724.46 | 16,946.19 | 17,167.93 | 17,389.66 |
| Woodie | 13,096.10 | 13,940.06 | 15,515.01 | 16,358.97 | 17,933.92 | 18,777.88 | 20,352.83 |
| Fibonacci | 13,818.23 | 14,742.26 | 15,313.12 | 16,237.14 | 17,161.17 | 17,732.03 | 18,656.05 |
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): | 44.85 | |
| MACD (12,26,9): | -556.2700 | |
| Directional Movement: | -13.38 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 16,317.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,202.94 | |
| Elder Ray (13): | -267.98 | |
| Super Trend (3,10): | 17,410.79 | |
| Zig ZAG (10): | 16,724.46 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 56.09 | |
| TEMA (21): | 16,168.01 | |
| Williams %R (14): | -44.51 | |
| Chande Momentum Oscillator (20): | -1,174.56 | |
| Repulse (5,40,3): | 7.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4300 | |
| Courbe Coppock: | 16.21 |
| MA7: | 16,178.04 | |
| MA20: | 17,181.11 | |
| MA50: | 18,274.23 | |
| MA100: | 18,897.20 | |
| MAexp7: | 16,516.57 | |
| MAexp20: | 17,049.63 | |
| MAexp50: | 17,890.92 | |
| MAexp100: | 18,317.14 | |
| Price / MA7: | +3.38% | |
| Price / MA20: | -2.66% | |
| Price / MA50: | -8.48% | |
| Price / MA100: | -11.50% | |
| Price / MAexp7: | +1.26% | |
| Price / MAexp20: | -1.91% | |
| Price / MAexp50: | -6.52% | |
| Price / MAexp100: | -8.70% |
Quotes :
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15 min delayed data
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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:
-
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.
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