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 05/05/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 17,702.30 USD

My targets

18,272.39 USD (+1.86%)

18,647.45 USD (+3.95%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ COMPOSITE INDEX as long as the price remains well above 17,702.30 USD. The buyers' bullish objective is set at 18,272.39 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,647.45 USD. If there is any crossing, the next objective would be the resistance located at 19,044.39 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 Jinc89. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NASDAQ COMPOSITE INDEX rating 17,939.43 USD. The price registered a decrease of -0.21% on the session and was traded between 17,792.08 USD and 17,965.64 USD over the period. The price is currently at +0.83% from its lowest and -0.15% from its highest.

17,792.08

17,965.64

17,939.43

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of NASDAQ COMPOSITE INDEX in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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:

Three white soldiers

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16,057.40	16,690.83	17,702.30	17,939.43	18,272.39	18,647.45	19,044.39
Change (%)	-10.49%	-6.96%	-1.32%	-	+1.86%	+3.95%	+6.16%
Change	-1,882.03	-1,248.60	-237.13	-	+332.96	+708.02	+1,104.96
Level	Major	Minor	Major	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,606.78	17,709.41	17,843.57	17,946.20	18,080.36	18,182.99	18,317.15
Camarilla	17,912.61	17,934.32	17,956.02	17,977.73	17,999.44	18,021.14	18,042.85
Woodie	17,622.55	17,717.29	17,859.34	17,954.08	18,096.13	18,190.87	18,332.92
Fibonacci	17,709.41	17,799.86	17,855.75	17,946.20	18,036.65	18,092.54	18,182.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,185.93	16,572.73	17,275.23	17,662.03	18,364.53	18,751.33	19,453.83
Camarilla	17,678.17	17,778.03	17,877.88	17,977.73	18,077.58	18,177.44	18,277.29
Woodie	16,343.78	16,651.66	17,433.08	17,740.96	18,522.38	18,830.26	19,611.68
Fibonacci	16,572.73	16,988.84	17,245.92	17,662.03	18,078.14	18,335.22	18,751.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,648.92	13,716.47	15,581.41	16,648.96	18,513.90	19,581.45	21,446.39
Camarilla	16,639.91	16,908.72	17,177.53	17,446.34	17,715.15	17,983.96	18,252.78
Woodie	13,047.61	13,915.82	15,980.10	16,848.31	18,912.59	19,780.80	21,845.08
Fibonacci	13,716.47	14,836.69	15,528.75	16,648.96	17,769.18	18,461.24	19,581.45

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):	61.43
MACD (12,26,9):	141.6200
Directional Movement:	11.50
AROON (14):	28.57
DEMA (21):	18,009.81
Parabolic SAR (0,02-0,02-0,2):	17,839.67
Elder Ray (13):	42.41
Super Trend (3,10):	17,664.52
Zig ZAG (10):	17,921.64
VORTEX (21):	1.1800
Stochastique (14,3,5):	60.87
TEMA (21):	17,994.01
Williams %R (14):	-37.19
Chande Momentum Oscillator (20):	204.89
Repulse (5,40,3):	0.3400
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	2.39

MA7:	17,607.61
MA20:	16,833.20
MA50:	17,460.46
MA100:	18,571.87
MAexp7:	17,907.20
MAexp20:	17,806.81
MAexp50:	17,502.22
MAexp100:	17,212.85
Price / MA7:	+1.88%
Price / MA20:	+6.57%
Price / MA50:	+2.74%
Price / MA100:	-3.41%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.74%
Price / MAexp50:	+2.50%
Price / MAexp100:	+4.22%

Quotes : - 15 min delayed data - 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:

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

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