NASDAQ COMPUTER INDEX

IXCO

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Type:	Indices
Ticker:	IXCO
ISIN:

NASDAQ COMPUTER INDEX - 1H - Technical analysis published on 07/26/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 11,850.70 USD

My targets

12,036.50 USD (+1.04%)

12,187.00 USD (+2.30%)

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 COMPUTER INDEX as long as the price remains well above 11,850.70 USD. The buyers' bullish objective is set at 12,036.50 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12,187.00 USD. If there is any crossing, the next objective would be the resistance located at 12,408.60 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

5.7

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

Additional analysis

Quotes

NASDAQ COMPUTER INDEX rating 11,912.84 USD. The price is lower by -0.01% since the last closing with the lowest point at 11,790.70 USD and the highest point at 11,949.29 USD. The deviation from the price is +1.04% for the low point and -0.31% for the high point.

11,790.70

11,949.29

11,912.84

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

A technical analysis in 1H of this NASDAQ COMPUTER INDEX chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,342.80	11,644.30	11,850.70	11,912.84	12,036.50	12,187.00	12,408.60
Change (%)	-4.79%	-2.25%	-0.52%	-	+1.04%	+2.30%	+4.16%
Change	-570.04	-268.54	-62.14	-	+123.66	+274.16	+495.76
Level	Intermediate	Major	Minor	-	Minor	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
Standard	11,704.83	11,766.16	11,840.22	11,901.55	11,975.61	12,036.94	12,111.00
Camarilla	11,877.06	11,889.47	11,901.88	11,914.29	11,926.70	11,939.11	11,951.52
Woodie	11,711.21	11,769.34	11,846.60	11,904.73	11,981.99	12,040.12	12,117.38
Fibonacci	11,766.16	11,817.88	11,849.83	11,901.55	11,953.27	11,985.22	12,036.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,106.56	11,412.91	11,575.66	11,882.01	12,044.76	12,351.11	12,513.86
Camarilla	11,609.40	11,652.40	11,695.40	11,738.40	11,781.40	11,824.40	11,867.40
Woodie	11,034.75	11,377.01	11,503.85	11,846.11	11,972.95	12,315.21	12,442.05
Fibonacci	11,412.91	11,592.11	11,702.82	11,882.01	12,061.21	12,171.92	12,351.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,312.14	10,620.06	11,121.04	11,428.96	11,929.94	12,237.86	12,738.84
Camarilla	11,399.58	11,473.73	11,547.88	11,622.03	11,696.18	11,770.33	11,844.48
Woodie	10,408.68	10,668.33	11,217.58	11,477.23	12,026.48	12,286.13	12,835.38
Fibonacci	10,620.06	10,929.06	11,119.96	11,428.96	11,737.96	11,928.86	12,237.86

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):	50.34
MACD (12,26,9):	-1.4900
Directional Movement:	1.80
AROON (14):	42.86
DEMA (21):	11,853.97
Parabolic SAR (0,02-0,02-0,2):	11,926.42
Elder Ray (13):	-6.51
Super Trend (3,10):	11,944.36
Zig ZAG (10):	11,863.85
VORTEX (21):	1.0100
Stochastique (14,3,5):	44.20
TEMA (21):	11,859.89
Williams %R (14):	-46.90
Chande Momentum Oscillator (20):	-39.06
Repulse (5,40,3):	0.0800
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	1.15

MA7:	11,890.90
MA20:	11,711.94
MA50:	11,289.50
MA100:	10,423.97
MAexp7:	11,853.62
MAexp20:	11,859.10
MAexp50:	11,854.94
MAexp100:	11,785.74
Price / MA7:	+0.18%
Price / MA20:	+1.72%
Price / MA50:	+5.52%
Price / MA100:	+14.28%
Price / MAexp7:	+0.50%
Price / MAexp20:	+0.45%
Price / MAexp50:	+0.49%
Price / MAexp100:	+1.08%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

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Londinia AI

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