NASDAQ-100 VOLATILITY INDEX

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	VOLQ
ISIN:

NASDAQ-100 VOLATILITY INDEX - Daily - Technical analysis published on 06/22/2023 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Download a full-size picture

NASDAQ-100 VOLATILITY INDEX Chart

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 19.25 USD

My targets

18.00 USD (-3.00%)

16.67 USD (-10.18%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NASDAQ-100 VOLATILITY INDEX. As long as you are under the resistance located at 19.25 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 18.00 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 16.67 USD as an objective. Crossing it would then enable sellers to target 14.13 USD. If the resistance 19.25 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

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

0.9

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 rating is 18.56 USD. The price registered an increase of +5.04% on the session and was traded between 18.19 USD and 18.58 USD over the period. The price is currently at +2.03% from its lowest and -0.11% from its highest.

18.19

18.58

18.56

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

Technical

A technical analysis in Daily of this NASDAQ-100 VOLATILITY INDEX chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	14.13	16.67	18.56	23.25	28.32	31.97
Change (%)	-23.87%	-10.18%	-	+25.27%	+52.59%	+72.25%
Change	-4.43	-1.89	-	+4.69	+9.76	+13.41
Level	Intermediate	Major	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.38	16.92	17.29	17.83	18.20	18.74	19.11
Camarilla	17.42	17.50	17.59	17.67	17.75	17.84	17.92
Woodie	16.31	16.88	17.22	17.79	18.13	18.70	19.04
Fibonacci	16.92	17.26	17.48	17.83	18.17	18.39	18.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.59	16.45	17.14	18.00	18.69	19.55	20.24
Camarilla	17.39	17.54	17.68	17.82	17.96	18.10	18.25
Woodie	15.50	16.41	17.05	17.96	18.60	19.51	20.15
Fibonacci	16.45	17.05	17.41	18.00	18.60	18.96	19.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.41	13.28	16.38	19.25	22.35	25.22	28.32
Camarilla	17.83	18.38	18.92	19.47	20.02	20.57	21.11
Woodie	10.52	13.34	16.49	19.31	22.46	25.28	28.43
Fibonacci	13.28	15.56	16.97	19.25	21.53	22.94	25.22

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):	52.37
MACD (12,26,9):	-0.2000
Directional Movement:	0.36
AROON (14):	-28.57
DEMA (21):	17.61
Parabolic SAR (0,02-0,02-0,2):	19.17
Elder Ray (13):	0.48
Super Trend (3,10):	20.43
Zig ZAG (10):	18.46
VORTEX (21):	0.9400
Stochastique (14,3,5):	55.47
TEMA (21):	18.00
Williams %R (14):	-13.85
Chande Momentum Oscillator (20):	1.03
Repulse (5,40,3):	-5.3700
ROCnROLL:	-1
TRIX (15,9):	-0.2600
Courbe Coppock:	5.98

MA7:	17.96
MA20:	18.08
MA50:	18.63
MA100:	21.39
MAexp7:	17.99
MAexp20:	17.95
MAexp50:	18.98
MAexp100:	20.88
Price / MA7:	+3.34%
Price / MA20:	+2.65%
Price / MA50:	-0.38%
Price / MA100:	-13.23%
Price / MAexp7:	+3.17%
Price / MAexp20:	+3.40%
Price / MAexp50:	-2.21%
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.

About author

Londinia AI

Online

Overall rating :

15740

Number of analyses :

92695

Followers :

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…