Londinia Opportunities Analyses - 06/18/2021 (GMT) NASDAQ CTA INTERNET INDEX - 1H

NASDAQ CTA INTERNET INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Type: Indices
Ticker: QNET
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,493.69 USD
My targets
1,520.25 USD (+1.31%)
1,573.49 USD (+4.86%)
My analysis
The bullish trend is currently very strong on NASDAQ CTA INTERNET INDEX. As long as the price remains above the support at 1,493.69 USD, you could try to benefit from the boom. The first bullish objective is located at 1,520.25 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,573.49 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

The NASDAQ CTA INTERNET INDEX price is 1,500.63 USD. The price has increased by +0.57% since the last closing and was traded between 1,484.18 USD and 1,501.13 USD over the period. The price is currently at +1.11% from its lowest and -0.03% from its highest.

1,484.18
1,501.13
1,500.63

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NASDAQ CTA INTERNET INDEX:

Technical


Technical analysis of this 1H chart of NASDAQ CTA INTERNET INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.

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:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,405.91 1,435.50 1,493.69 1,500.63 1,573.49
Change (%) -6.31% -4.34% -0.46% - +4.86%
Change -94.72 -65.13 -6.94 - +72.86
Level Intermediate Major Intermediate - Major



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
Standard1,432.151,445.711,468.961,482.521,505.771,519.331,542.58
Camarilla1,482.081,485.451,488.831,492.201,495.571,498.951,502.32
Woodie1,436.991,448.131,473.801,484.941,510.611,521.751,547.42
Fibonacci1,445.711,459.781,468.461,482.521,496.591,505.271,519.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,396.351,410.451,437.651,451.751,478.951,493.051,520.25
Camarilla1,453.491,457.281,461.061,464.851,468.641,472.421,476.21
Woodie1,402.901,413.731,444.201,455.031,485.501,496.331,526.80
Fibonacci1,410.451,426.231,435.971,451.751,467.531,477.271,493.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,159.271,231.911,331.131,403.771,502.991,575.631,674.85
Camarilla1,383.101,398.851,414.611,430.361,446.111,461.871,477.62
Woodie1,172.571,238.561,344.431,410.421,516.291,582.281,688.15
Fibonacci1,231.911,297.561,338.121,403.771,469.421,509.981,575.63

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): 68.77
MACD (12,26,9): 7.7200
Directional Movement: 4.86
AROON (14): 85.71
DEMA (21): 1,492.19
Parabolic SAR (0,02-0,02-0,2): 1,474.45
Elder Ray (13): 7.45
Super Trend (3,10): 1,468.85
Zig ZAG (10): 1,495.38
VORTEX (21): 1.1300
Stochastique (14,3,5): 91.51
TEMA (21): 1,494.53
Williams %R (14): -2.44
Chande Momentum Oscillator (20): 41.52
Repulse (5,40,3): 0.6400
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 3.60
MA7: 1,475.35
MA20: 1,443.01
MA50: 1,433.48
MA100: 1,439.42
MAexp7: 1,491.60
MAexp20: 1,482.62
MAexp50: 1,469.84
MAexp100: 1,454.29
Price / MA7: +1.71%
Price / MA20: +3.99%
Price / MA50: +4.68%
Price / MA100: +4.25%
Price / MAexp7: +0.61%
Price / MAexp20: +1.21%
Price / MAexp50: +2.09%
Price / MAexp100: +3.19%

Quotes : - 15 min delayed data - Indices NASDAQ US