VOLATILITY NASDAQ 100 - 1H - Technical analysis published on 07/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 7,754.20 USD
My targets
7,960.17 USD (+1.93%)
8,166.15 USD (+4.57%)
My analysis
The bullish trend is currently very strong on VOLATILITY NASDAQ 100. As long as the price remains above the support at 7,754.20 USD, you could try to benefit from the boom. The first bullish objective is located at 7,960.17 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8,166.15 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
7.3
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Additional analysis
Quotes
The VOLATILITY NASDAQ 100 rating is 7,809.12 USD. On the day, this instrument lost -0.04% with the lowest point at 7,783.99 USD and the highest point at 7,855.83 USD. The deviation from the price is +0.32% for the low point and -0.59% for the high point.7,783.99
7,855.83
7,809.12
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VOLATILITY NASDAQ 100 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 7,408.65 | 7,514.50 | 7,754.20 | 7,809.12 |
| Change (%) | -5.13% | -3.77% | -0.70% | - |
| Change | -400.47 | -294.62 | -54.92 | - |
| Level | Intermediate | Major | Minor | - |
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 | 7,591.32 | 7,645.93 | 7,729.16 | 7,783.77 | 7,867.00 | 7,921.61 | 8,004.84 |
| Camarilla | 7,774.47 | 7,787.11 | 7,799.75 | 7,812.38 | 7,825.02 | 7,837.65 | 7,850.29 |
| Woodie | 7,605.62 | 7,653.09 | 7,743.46 | 7,790.93 | 7,881.30 | 7,928.77 | 8,019.14 |
| Fibonacci | 7,645.93 | 7,698.59 | 7,731.12 | 7,783.77 | 7,836.43 | 7,868.96 | 7,921.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,128.36 | 7,268.31 | 7,474.29 | 7,614.24 | 7,820.22 | 7,960.17 | 8,166.15 |
| Camarilla | 7,585.13 | 7,616.84 | 7,648.55 | 7,680.26 | 7,711.97 | 7,743.68 | 7,775.39 |
| Woodie | 7,161.37 | 7,284.82 | 7,507.30 | 7,630.75 | 7,853.23 | 7,976.68 | 8,199.16 |
| Fibonacci | 7,268.31 | 7,400.46 | 7,482.10 | 7,614.24 | 7,746.39 | 7,828.03 | 7,960.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,772.77 | 6,938.18 | 7,226.43 | 7,391.84 | 7,680.09 | 7,845.50 | 8,133.75 |
| Camarilla | 7,389.92 | 7,431.51 | 7,473.10 | 7,514.68 | 7,556.27 | 7,597.85 | 7,639.44 |
| Woodie | 6,834.19 | 6,968.89 | 7,287.85 | 7,422.55 | 7,741.51 | 7,876.21 | 8,195.17 |
| Fibonacci | 6,938.18 | 7,111.48 | 7,218.54 | 7,391.84 | 7,565.14 | 7,672.20 | 7,845.50 |
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): | 64.86 | |
| MACD (12,26,9): | 41.1800 | |
| Directional Movement: | 16.53 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 7,833.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 7,852.96 | |
| Elder Ray (13): | 18.20 | |
| Super Trend (3,10): | 7,748.18 | |
| Zig ZAG (10): | 7,808.41 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 66.91 | |
| TEMA (21): | 7,831.70 | |
| Williams %R (14): | -29.05 | |
| Chande Momentum Oscillator (20): | 85.25 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.15 |
| MA7: | 7,685.73 | |
| MA20: | 7,527.43 | |
| MA50: | 7,237.04 | |
| MA100: | 6,820.12 | |
| MAexp7: | 7,809.11 | |
| MAexp20: | 7,776.69 | |
| MAexp50: | 7,693.14 | |
| MAexp100: | 7,602.23 | |
| Price / MA7: | +1.61% | |
| Price / MA20: | +3.74% | |
| Price / MA50: | +7.90% | |
| Price / MA100: | +14.50% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.42% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +2.72% |
Quotes :
-
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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