NASDAQ INC. - 1H - Technical analysis published on 04/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 61.55 USD
My targets
59.73 USD (-0.90%)
58.40 USD (-3.10%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ INC. as long as the price remains well below 61.55 USD. The next bearish objective for sellers is set at 59.73 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 58.40 USD. If there is any crossing, the next objective would be the support located at 56.90 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 over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.8
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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 60.27 USD. On the day, this instrument lost -0.03% and was between 59.40 USD and 60.63 USD. This implies that the price is at +1.46% from its lowest and at -0.59% from its highest.59.40
60.63
60.27
Here is a more detailed summary of the historical variations registered by NASDAQ INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 56.90 | 58.40 | 59.73 | 60.27 | 61.55 | 62.37 | 62.90 |
| Change (%) | -5.59% | -3.10% | -0.90% | - | +2.12% | +3.48% | +4.36% |
| Change | -3.37 | -1.87 | -0.54 | - | +1.28 | +2.10 | +2.63 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.52 | 57.31 | 58.80 | 59.59 | 61.08 | 61.87 | 63.36 |
| Camarilla | 59.66 | 59.87 | 60.08 | 60.29 | 60.50 | 60.71 | 60.92 |
| Woodie | 56.87 | 57.49 | 59.15 | 59.77 | 61.43 | 62.05 | 63.71 |
| Fibonacci | 57.31 | 58.18 | 58.72 | 59.59 | 60.46 | 61.00 | 61.87 |
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): | 50.50 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -2.04 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 60.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.94 | |
| Elder Ray (13): | 0.25 | |
| Super Trend (3,10): | 60.88 | |
| Zig ZAG (10): | 60.48 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 67.56 | |
| TEMA (21): | 60.08 | |
| Williams %R (14): | -31.56 | |
| Chande Momentum Oscillator (20): | -1.02 | |
| Repulse (5,40,3): | 0.7700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.39 |
| MA7: | 60.71 | |
| MA20: | 61.34 | |
| MA50: | 59.71 | |
| MA100: | 58.04 | |
| MAexp7: | 60.31 | |
| MAexp20: | 60.33 | |
| MAexp50: | 60.58 | |
| MAexp100: | 60.86 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -1.74% | |
| Price / MA50: | +0.94% | |
| Price / MA100: | +3.84% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -0.97% |
Quotes :
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15 min delayed data
-
NASDAQ Stocks
News
The last news published on NASDAQ INC. at the time of the generation of this analysis was as follows:
- Delisting of Securities of Northern Revival Acquisition Corporation; Veradigm Inc.; Neptune Wellness Solutions Inc.; Panbela Therapeutics, Inc.; Bit Brother Limited; Nocturne Acquisition Corporation; View, Inc.; Casa Systems, Inc.; Gamida Cell Ltd.; Eiger BioPharmaceuticals, Inc.; Acorda Therapeutics, Inc.; Motus GI Holdings, Inc.; ProSomnus, Inc.; and Mobile Global Esports Inc. from The Nasdaq Stock Market
- Nasdaq Announces 9% Increase in Quarterly Dividend to $0.24 Per Share
- Nasdaq Reports First Quarter 2024 Results; Strong Execution Delivers Double-Digit Solutions Revenue Growth
- Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date April 15, 2024
- Nasdaq March 2024 Volumes and 1Q24 Statistics
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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