NASDAQ INC. - Daily - Technical analysis published on 04/23/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 58.40 USD
My targets
62.90 USD (+2.84%)
68.40 USD (+11.84%)
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 INC. as long as the price remains well above 58.40 USD. The buyers' bullish objective is set at 62.90 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 68.40 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ INC. rating is 61.16 USD. The price registered a decrease of -0.07% on the session with the lowest point at 60.94 USD and the highest point at 61.51 USD. The deviation from the price is +0.36% for the low point and -0.57% for the high point.60.94
61.51
61.16
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 Daily chart of NASDAQ INC. indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 5 are bullish, 9 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 56.90 | 58.40 | 61.06 | 61.16 | 62.90 | 68.40 |
| Change (%) | -6.97% | -4.51% | -0.16% | - | +2.84% | +11.84% |
| Change | -4.26 | -2.76 | -0.10 | - | +1.74 | +7.24 |
| Level | Intermediate | Major | Major | - | Intermediate | Major |
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 | 59.92 | 60.23 | 60.71 | 61.02 | 61.50 | 61.81 | 62.29 |
| Camarilla | 60.98 | 61.06 | 61.13 | 61.20 | 61.27 | 61.35 | 61.42 |
| Woodie | 60.02 | 60.27 | 60.81 | 61.06 | 61.60 | 61.85 | 62.39 |
| Fibonacci | 60.23 | 60.53 | 60.72 | 61.02 | 61.32 | 61.51 | 61.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.69 | 58.21 | 59.28 | 60.80 | 61.87 | 63.39 | 64.46 |
| Camarilla | 59.64 | 59.88 | 60.11 | 60.35 | 60.59 | 60.83 | 61.06 |
| Woodie | 56.47 | 58.10 | 59.06 | 60.69 | 61.65 | 63.28 | 64.24 |
| Fibonacci | 58.21 | 59.20 | 59.81 | 60.80 | 61.79 | 62.40 | 63.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.56 | 52.43 | 57.77 | 60.64 | 65.98 | 68.85 | 74.19 |
| Camarilla | 60.84 | 61.60 | 62.35 | 63.10 | 63.85 | 64.61 | 65.36 |
| Woodie | 50.79 | 53.05 | 59.00 | 61.26 | 67.21 | 69.47 | 75.42 |
| Fibonacci | 52.43 | 55.57 | 57.51 | 60.64 | 63.78 | 65.72 | 68.85 |
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): | 53.08 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 4.65 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 61.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 62.88 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 59.66 | |
| Zig ZAG (10): | 61.19 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 26.33 | |
| TEMA (21): | 60.91 | |
| Williams %R (14): | -67.06 | |
| Chande Momentum Oscillator (20): | -0.81 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 3.92 |
| MA7: | 60.44 | |
| MA20: | 61.65 | |
| MA50: | 59.42 | |
| MA100: | 57.88 | |
| MAexp7: | 60.91 | |
| MAexp20: | 61.04 | |
| MAexp50: | 59.86 | |
| MAexp100: | 58.00 | |
| Price / MA7: | +1.19% | |
| Price / MA20: | -0.79% | |
| Price / MA50: | +2.93% | |
| Price / MA100: | +5.67% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +2.17% | |
| Price / MAexp100: | +5.45% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on NASDAQ INC. at the time of the generation of this analysis was as follows:
- Nasdaq March 2024 Volumes and 1Q24 Statistics
- Nasdaq Launches Futures on the OMX Sweden Small Cap 30 ESG Responsible Index™
- Nasdaq Announces End of Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date March 28, 2024
- Delisting of Securities of NanoString Technologies, Inc.; Remark Holdings, Inc.; Sunworks, Inc.; Cyanotech Corporation; Sientra, Inc.; Atlantic Coastal Acquisition Corp.; Charge Enterprises, Inc.; Sagaliam Acquisition Corp.; TG Venture Acquisition Corp.; Altitude Acquisition Corp.; YanGuFang International Group Co., Ltd.; and JOANN, Inc. from The Nasdaq Stock Market
- Nasdaq Study Shows Structural Reform Needed to Unlock Global Carbon Markets
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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