NASDAQ REAL ESTATE AND OTHER FINANCIAL - 1H - Technical analysis published on 05/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 8,243.24 USD
My targets
8,341.61 USD (+0.64%)
8,428.34 USD (+1.69%)
My analysis
NASDAQ REAL ESTATE AND OTHER FINANCIAL is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8,243.24 USD. The next resistance located at 8,341.61 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 8,428.34 USD. After this resistance, buyers could then target 8,523.42 USD.
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
5.2
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 REAL ESTATE AND OTHER FINANCIAL rating 8,288.17 USD. The price registered a decrease of -0.02% on the session with the lowest point at 8,224.68 USD and the highest point at 8,297.20 USD. The deviation from the price is +0.77% for the low point and -0.11% for the high point.8,224.68
8,297.20
8,288.17
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ REAL ESTATE AND OTHER FINANCIAL indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 8,154.51 | 8,243.24 | 8,284.24 | 8,288.17 | 8,341.61 | 8,428.34 | 8,523.42 |
| Change (%) | -1.61% | -0.54% | -0.05% | - | +0.64% | +1.69% | +2.84% |
| Change | -133.66 | -44.93 | -3.93 | - | +53.44 | +140.17 | +235.25 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | 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 | 8,155.55 | 8,195.83 | 8,242.69 | 8,282.97 | 8,329.83 | 8,370.11 | 8,416.97 |
| Camarilla | 8,265.60 | 8,273.58 | 8,281.57 | 8,289.56 | 8,297.55 | 8,305.54 | 8,313.52 |
| Woodie | 8,158.85 | 8,197.48 | 8,245.99 | 8,284.62 | 8,333.13 | 8,371.76 | 8,420.27 |
| Fibonacci | 8,195.83 | 8,229.11 | 8,249.68 | 8,282.97 | 8,316.25 | 8,336.82 | 8,370.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,821.34 | 7,958.93 | 8,093.91 | 8,231.50 | 8,366.48 | 8,504.07 | 8,639.05 |
| Camarilla | 8,153.93 | 8,178.92 | 8,203.90 | 8,228.89 | 8,253.88 | 8,278.86 | 8,303.85 |
| Woodie | 7,820.04 | 7,958.28 | 8,092.61 | 8,230.85 | 8,365.18 | 8,503.42 | 8,637.75 |
| Fibonacci | 7,958.93 | 8,063.05 | 8,127.38 | 8,231.50 | 8,335.62 | 8,399.95 | 8,504.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,924.17 | 8,083.90 | 8,299.12 | 8,458.85 | 8,674.07 | 8,833.80 | 9,049.02 |
| Camarilla | 8,411.24 | 8,445.61 | 8,479.98 | 8,514.35 | 8,548.72 | 8,583.09 | 8,617.46 |
| Woodie | 7,951.93 | 8,097.77 | 8,326.88 | 8,472.72 | 8,701.83 | 8,847.67 | 9,076.78 |
| Fibonacci | 8,083.90 | 8,227.13 | 8,315.62 | 8,458.85 | 8,602.08 | 8,690.57 | 8,833.80 |
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): | 60.16 | |
| MACD (12,26,9): | 19.4900 | |
| Directional Movement: | 9.41 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 8,265.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,317.44 | |
| Elder Ray (13): | 23.94 | |
| Super Trend (3,10): | 8,185.29 | |
| Zig ZAG (10): | 8,283.74 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 55.41 | |
| TEMA (21): | 8,286.39 | |
| Williams %R (14): | -36.92 | |
| Chande Momentum Oscillator (20): | 53.17 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.49 |
| MA7: | 8,232.05 | |
| MA20: | 8,248.29 | |
| MA50: | 8,352.06 | |
| MA100: | 8,558.97 | |
| MAexp7: | 8,265.85 | |
| MAexp20: | 8,243.29 | |
| MAexp50: | 8,233.28 | |
| MAexp100: | 8,250.06 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | -0.76% | |
| Price / MA100: | -3.16% | |
| Price / MAexp7: | +0.27% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.67% | |
| Price / MAexp100: | +0.46% |
Quotes :
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15 min delayed data
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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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