NASDAQ-100 VOLATILITY INDEX

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Ticker:	VOLQ
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NASDAQ-100 VOLATILITY INDEX - Daily - Technical analysis published on 04/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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NASDAQ-100 VOLATILITY INDEX Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 23.25 USD

My targets

18.60 USD (-18.15%)

15.44 USD (-32.03%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ-100 VOLATILITY INDEX as long as the price remains well below 23.25 USD. The sellers' bearish objective is set at 18.60 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.44 USD. In case of crossing, the next objective would be the support located at 14.04 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.8

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 22.72 USD. On the day, this instrument gained +5.19% and was between 21.79 USD and 22.78 USD. This implies that the price is at +4.27% from its lowest and at -0.26% from its highest.

21.79

22.78

22.72

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 for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NASDAQ-100 VOLATILITY INDEX chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	14.04	22.72	23.25	28.63	31.97
Change (%)	-38.20%	-	+2.33%	+26.01%	+40.71%
Change	-8.68	-	+0.53	+5.91	+9.25
Level	Intermediate	-	Major	Major	Minor

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	20.07	20.83	21.21	21.97	22.35	23.11	23.49
Camarilla	21.29	21.39	21.50	21.60	21.71	21.81	21.91
Woodie	19.89	20.74	21.03	21.88	22.17	23.02	23.31
Fibonacci	20.83	21.26	21.53	21.97	22.40	22.67	23.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.22	19.86	20.81	22.45	23.40	25.04	25.99
Camarilla	21.04	21.28	21.51	21.75	21.99	22.23	22.46
Woodie	17.87	19.69	20.46	22.28	23.05	24.87	25.64
Fibonacci	19.86	20.85	21.46	22.45	23.44	24.05	25.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.38	15.44	18.60	24.66	27.82	33.88	37.04
Camarilla	19.22	20.06	20.91	21.75	22.60	23.44	24.29
Woodie	7.92	14.72	17.14	23.94	26.36	33.16	35.58
Fibonacci	15.44	18.97	21.14	24.66	28.19	30.36	33.88

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):	44.52
MACD (12,26,9):	-0.7500
Directional Movement:	0.71
AROON (14):	-85.71
DEMA (21):	22.63
Parabolic SAR (0,02-0,02-0,2):	26.02
Elder Ray (13):	-0.87
Super Trend (3,10):	27.52
Zig ZAG (10):	22.56
VORTEX (21):	0.9400
Stochastique (14,3,5):	8.00
TEMA (21):	22.09
Williams %R (14):	-79.82
Chande Momentum Oscillator (20):	-3.31
Repulse (5,40,3):	-2.3300
ROCnROLL:	2
TRIX (15,9):	-0.2600
Courbe Coppock:	22.29

MA7:	22.32
MA20:	24.03
MA50:	24.23
MA100:	25.21
MAexp7:	22.52
MAexp20:	23.46
MAexp50:	24.34
MAexp100:	25.56
Price / MA7:	+1.79%
Price / MA20:	-5.45%
Price / MA50:	-6.23%
Price / MA100:	-9.88%
Price / MAexp7:	+0.89%
Price / MAexp20:	-3.15%
Price / MAexp50:	-6.66%
Price / MAexp100:	-11.11%

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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