NASDAQ-100 VOLATILITY INDEX

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Type:	Indices
Ticker:	VOLQ
ISIN:

NASDAQ-100 VOLATILITY INDEX - 1H - Technical analysis published on 03/23/2023 (GMT)

Londinia

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Timeframe : 1H
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NASDAQ-100 VOLATILITY INDEX Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

67%

33%

My opinion

Bullish above 25.00 USD

My targets

26.81 USD (+3.83%)

27.30 USD (+5.73%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NASDAQ-100 VOLATILITY INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 25.00 USD. The buyers' bullish objective is set at 26.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 27.30 USD. If there is any crossing, the next objective would be the resistance located at 28.63 USD. If there is a bearish break in the support located at 25.00 USD some indecision would arise.

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

3.9

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.

Additional analysis

Quotes

The NASDAQ-100 VOLATILITY INDEX price is 25.82 USD. The price registered an increase of +6.26% on the session with the lowest point at 22.87 USD and the highest point at 26.12 USD. The deviation from the price is +12.90% for the low point and -1.15% for the high point.

22.87

26.12

25.82

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 1H chart of NASDAQ-100 VOLATILITY INDEX indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.14	23.25	25.00	25.82	27.30	28.63	30.73
Change (%)	-14.25%	-9.95%	-3.18%	-	+5.73%	+10.88%	+19.02%
Change	-3.68	-2.57	-0.82	-	+1.48	+2.81	+4.91
Level	Minor	Major	Minor	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.51	21.32	22.81	23.62	25.11	25.92	27.41
Camarilla	23.67	23.88	24.09	24.30	24.51	24.72	24.93
Woodie	20.85	21.49	23.15	23.79	25.45	26.09	27.75
Fibonacci	21.32	22.20	22.74	23.62	24.50	25.04	25.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.86	19.78	22.89	26.81	29.92	33.84	36.95
Camarilla	24.07	24.71	25.36	26.00	26.64	27.29	27.93
Woodie	15.46	19.58	22.49	26.61	29.52	33.64	36.55
Fibonacci	19.78	22.47	24.13	26.81	29.50	31.16	33.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.00	19.52	22.29	24.81	27.58	30.10	32.87
Camarilla	23.62	24.10	24.59	25.07	25.56	26.04	26.53
Woodie	17.14	19.58	22.43	24.87	27.72	30.16	33.01
Fibonacci	19.52	21.54	22.79	24.81	26.83	28.08	30.10

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):	54.53
MACD (12,26,9):	-0.2500
Directional Movement:	8.41
AROON (14):	50.00
DEMA (21):	23.45
Parabolic SAR (0,02-0,02-0,2):	22.35
Elder Ray (13):	0.65
Super Trend (3,10):	24.98
Zig ZAG (10):	24.95
VORTEX (21):	0.9200
Stochastique (14,3,5):	85.51
TEMA (21):	23.62
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	2.02
Repulse (5,40,3):	8.9100
ROCnROLL:	1
TRIX (15,9):	-0.2700
Courbe Coppock:	1.16

MA7:	24.78
MA20:	24.88
MA50:	24.42
MA100:	25.85
MAexp7:	23.95
MAexp20:	23.83
MAexp50:	24.39
MAexp100:	24.68
Price / MA7:	+4.20%
Price / MA20:	+3.78%
Price / MA50:	+5.73%
Price / MA100:	-0.12%
Price / MAexp7:	+7.81%
Price / MAexp20:	+8.35%
Price / MAexp50:	+5.86%
Price / MAexp100:	+4.62%

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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