Londinia Opportunities Analyses - 06/17/2021 (GMT) NASDAQ COMPOSITE INDEX - 1H
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USD
(-)
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15 min delayed data - NASDAQ US Indices
| Type: | Indices |
| Ticker: | COMP |
| ISIN: | XC0009694271 |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 14,104.20 USD
My targets
14,259.11 USD (+0.71%)
14,448.79 USD (+2.05%)
My analysis
NASDAQ COMPOSITE INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14,104.20 USD. The next resistance located at 14,259.11 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14,448.79 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NASDAQ COMPOSITE INDEX rating is 14,157.92 USD. The price has increased by +0.84% since the last closing and was between 13,998.93 USD and 14,158.83 USD. This implies that the price is at +1.14% from its lowest and at -0.01% from its highest.13,998.93
14,158.83
14,157.92
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 13,618.80 | 13,834.40 | 14,104.20 | 14,157.92 |
| Change (%) | -3.81% | -2.29% | -0.38% | - |
| Change | -539.12 | -323.52 | -53.72 | - |
| Level | Major | Intermediate | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,693.08 | 13,798.41 | 13,919.04 | 14,024.37 | 14,145.00 | 14,250.33 | 14,370.96 |
| Camarilla | 13,977.54 | 13,998.25 | 14,018.97 | 14,039.68 | 14,060.39 | 14,081.11 | 14,101.82 |
| Woodie | 13,700.74 | 13,802.24 | 13,926.70 | 14,028.20 | 14,152.66 | 14,254.16 | 14,378.62 |
| Fibonacci | 13,798.41 | 13,884.72 | 13,938.05 | 14,024.37 | 14,110.68 | 14,164.01 | 14,250.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,595.20 | 13,690.05 | 13,879.73 | 13,974.58 | 14,164.26 | 14,259.11 | 14,448.79 |
| Camarilla | 13,991.17 | 14,017.26 | 14,043.34 | 14,069.42 | 14,095.50 | 14,121.58 | 14,147.67 |
| Woodie | 13,642.63 | 13,713.76 | 13,927.16 | 13,998.29 | 14,211.69 | 14,282.82 | 14,496.22 |
| Fibonacci | 13,690.05 | 13,798.74 | 13,865.89 | 13,974.58 | 14,083.27 | 14,150.42 | 14,259.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,113.90 | 12,558.22 | 13,153.48 | 13,597.80 | 14,193.06 | 14,637.38 | 15,232.64 |
| Camarilla | 13,462.86 | 13,558.15 | 13,653.45 | 13,748.74 | 13,844.04 | 13,939.33 | 14,034.63 |
| Woodie | 12,189.37 | 12,595.96 | 13,228.95 | 13,635.54 | 14,268.53 | 14,675.12 | 15,308.11 |
| Fibonacci | 12,558.22 | 12,955.34 | 13,200.68 | 13,597.80 | 13,994.92 | 14,240.26 | 14,637.38 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.53 | |
| MACD (12,26,9): | 15.6700 | |
| Directional Movement: | -2.03 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 14,101.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,908.78 | |
| Elder Ray (13): | 48.53 | |
| Super Trend (3,10): | 13,962.23 | |
| Zig ZAG (10): | 14,135.02 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 84.95 | |
| TEMA (21): | 14,083.97 | |
| Williams %R (14): | -5.92 | |
| Chande Momentum Oscillator (20): | 51.76 | |
| Repulse (5,40,3): | 0.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.39 |
| MA7: | 14,061.87 | |
| MA20: | 13,836.12 | |
| MA50: | 13,778.30 | |
| MA100: | 13,606.86 | |
| MAexp7: | 14,093.49 | |
| MAexp20: | 14,081.11 | |
| MAexp50: | 14,022.80 | |
| MAexp100: | 13,921.07 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | +2.33% | |
| Price / MA50: | +2.76% | |
| Price / MA100: | +4.05% | |
| Price / MAexp7: | +0.46% | |
| Price / MAexp20: | +0.55% | |
| Price / MAexp50: | +0.96% | |
| Price / MAexp100: | +1.70% |
Quotes :
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15 min delayed data
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Indices NASDAQ US
News
The last news published on NASDAQ COMPOSITE INDEX at the time of the generation of this analysis was as follows:
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Nasdaq Composite officially entered bear market
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Nasdaq Composite Courts Bear Market Territory
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S&P 500 And Nasdaq Composite Close To Record Highs
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Biotech Boosts S&P 500 And Nasdaq Composite
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Nasdaq Composite Hits Record High