NASDAQ REAL ESTATE AND OTHER FINANCIAL - Daily - Technical analysis published on 04/06/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 8,523.42 USD
My targets
8,154.54 USD (-2.86%)
7,987.88 USD (-4.85%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ REAL ESTATE AND OTHER FINANCIAL as long as the price remains well below 8,523.42 USD. The next bearish objective for sellers is set at 8,154.54 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7,987.88 USD. If there is any crossing, the next objective would be the support located at 7,808.97 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.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
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 REAL ESTATE AND OTHER FINANCIAL price is 8,394.65 USD. The price registered a decrease of -0.02% on the session and was traded between 8,375.13 USD and 8,408.16 USD over the period. The price is currently at +0.23% from its lowest and -0.16% from its highest.8,375.13
8,408.16
8,394.65
Here is a more detailed summary of the historical variations registered by NASDAQ REAL ESTATE AND OTHER FINANCIAL:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of NASDAQ REAL ESTATE AND OTHER FINANCIAL indicates that the overall trend is strongly bearish. 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 trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7,808.97 | 7,987.88 | 8,154.54 | 8,394.65 | 8,523.42 | 8,816.90 | 9,274.26 |
| Change (%) | -6.98% | -4.85% | -2.86% | - | +1.53% | +5.03% | +10.48% |
| Change | -585.68 | -406.77 | -240.11 | - | +128.77 | +422.25 | +879.61 |
| Level | Intermediate | Intermediate | Major | - | 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 | 8,302.05 | 8,338.77 | 8,367.66 | 8,404.38 | 8,433.27 | 8,469.99 | 8,498.88 |
| Camarilla | 8,378.50 | 8,384.51 | 8,390.53 | 8,396.54 | 8,402.55 | 8,408.57 | 8,414.58 |
| Woodie | 8,298.13 | 8,336.81 | 8,363.74 | 8,402.42 | 8,429.35 | 8,468.03 | 8,494.96 |
| Fibonacci | 8,338.77 | 8,363.84 | 8,379.32 | 8,404.38 | 8,429.45 | 8,444.93 | 8,469.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,990.67 | 8,110.50 | 8,348.49 | 8,468.32 | 8,706.31 | 8,826.14 | 9,064.13 |
| Camarilla | 8,488.08 | 8,520.88 | 8,553.68 | 8,586.48 | 8,619.28 | 8,652.08 | 8,684.88 |
| Woodie | 8,049.75 | 8,140.04 | 8,407.57 | 8,497.86 | 8,765.39 | 8,855.68 | 9,123.21 |
| Fibonacci | 8,110.50 | 8,247.19 | 8,331.63 | 8,468.32 | 8,605.01 | 8,689.45 | 8,826.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,321.43 | 7,674.09 | 8,130.29 | 8,482.95 | 8,939.15 | 9,291.81 | 9,748.01 |
| Camarilla | 8,364.04 | 8,438.19 | 8,512.34 | 8,586.48 | 8,660.63 | 8,734.77 | 8,808.92 |
| Woodie | 7,373.19 | 7,699.98 | 8,182.05 | 8,508.84 | 8,990.91 | 9,317.70 | 9,799.77 |
| Fibonacci | 7,674.09 | 7,983.08 | 8,173.97 | 8,482.95 | 8,791.94 | 8,982.83 | 9,291.81 |
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): | 46.91 | |
| MACD (12,26,9): | -45.1700 | |
| Directional Movement: | -3.24 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 8,343.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,169.13 | |
| Elder Ray (13): | -17.15 | |
| Super Trend (3,10): | 8,615.51 | |
| Zig ZAG (10): | 8,401.21 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 66.15 | |
| TEMA (21): | 8,375.99 | |
| Williams %R (14): | -37.99 | |
| Chande Momentum Oscillator (20): | -20.99 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 3.01 |
| MA7: | 8,451.97 | |
| MA20: | 8,329.77 | |
| MA50: | 8,667.83 | |
| MA100: | 8,612.07 | |
| MAexp7: | 8,417.79 | |
| MAexp20: | 8,423.10 | |
| MAexp50: | 8,528.30 | |
| MAexp100: | 8,587.95 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | -3.15% | |
| Price / MA100: | -2.52% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.34% | |
| Price / MAexp50: | -1.57% | |
| Price / MAexp100: | -2.25% |
Quotes :
-
15 min delayed data
-
NASDAQ US Indices
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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