NASDAQ-100 VOLATILITY INDEX - 1H - Technical analysis published on 08/25/2023 (GMT)
- 341
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
NASDAQ-100 VOLATILITY INDEX Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 20.50 USD
My targets
20.99 USD (+1.11%)
21.63 USD (+4.19%)
My analysis
The bullish trend is currently very strong on NASDAQ-100 VOLATILITY INDEX. As long as the price remains above the support at 20.50 USD, you could try to benefit from the boom. The first bullish objective is located at 20.99 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.63 USD as an objective. Crossing it would then enable buyers to target 22.55 USD. 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
8.2
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 mkbnet.
Additional analysis
Quotes
The NASDAQ-100 VOLATILITY INDEX rating is 20.76 USD. On the day, this instrument lost -0.24% and was between 19.90 USD and 21.14 USD. This implies that the price is at +4.32% from its lowest and at -1.80% from its highest.19.90
21.14
20.76
Here is a more detailed summary of the historical variations registered by NASDAQ-100 VOLATILITY INDEX:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ-100 VOLATILITY INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.29 | 19.02 | 20.50 | 20.76 | 20.99 | 21.63 | 22.55 |
| Change (%) | -11.90% | -8.38% | -1.25% | - | +1.11% | +4.19% | +8.62% |
| Change | -2.47 | -1.74 | -0.26 | - | +0.23 | +0.87 | +1.79 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Intermediate |
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 | 17.77 | 18.40 | 19.60 | 20.23 | 21.43 | 22.06 | 23.26 |
| Camarilla | 20.31 | 20.48 | 20.64 | 20.81 | 20.98 | 21.15 | 21.31 |
| Woodie | 18.07 | 18.54 | 19.90 | 20.37 | 21.73 | 22.20 | 23.56 |
| Fibonacci | 18.40 | 19.10 | 19.53 | 20.23 | 20.93 | 21.36 | 22.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.99 | 16.62 | 18.37 | 20.00 | 21.75 | 23.38 | 25.13 |
| Camarilla | 19.19 | 19.50 | 19.81 | 20.12 | 20.43 | 20.74 | 21.05 |
| Woodie | 15.05 | 16.65 | 18.43 | 20.03 | 21.81 | 23.41 | 25.19 |
| Fibonacci | 16.62 | 17.91 | 18.71 | 20.00 | 21.29 | 22.09 | 23.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.72 | 14.70 | 15.96 | 17.94 | 19.20 | 21.18 | 22.44 |
| Camarilla | 16.34 | 16.64 | 16.93 | 17.23 | 17.53 | 17.82 | 18.12 |
| Woodie | 12.37 | 14.52 | 15.61 | 17.76 | 18.85 | 21.00 | 22.09 |
| Fibonacci | 14.70 | 15.93 | 16.70 | 17.94 | 19.17 | 19.94 | 21.18 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.70 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 16.49 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 20.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.70 | |
| Elder Ray (13): | 0.60 | |
| Super Trend (3,10): | 19.22 | |
| Zig ZAG (10): | 20.73 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 86.66 | |
| TEMA (21): | 20.55 | |
| Williams %R (14): | -12.74 | |
| Chande Momentum Oscillator (20): | 1.60 | |
| Repulse (5,40,3): | 4.7100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 9.66 |
| MA7: | 20.25 | |
| MA20: | 19.39 | |
| MA50: | 18.49 | |
| MA100: | 18.77 | |
| MAexp7: | 20.53 | |
| MAexp20: | 20.13 | |
| MAexp50: | 19.91 | |
| MAexp100: | 19.59 | |
| Price / MA7: | +2.52% | |
| Price / MA20: | +7.07% | |
| Price / MA50: | +12.28% | |
| Price / MA100: | +10.60% | |
| Price / MAexp7: | +1.12% | |
| Price / MAexp20: | +3.13% | |
| Price / MAexp50: | +4.27% | |
| Price / MAexp100: | +5.97% |
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
Online
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…
Add a comment
Comments
0 comments on the analysis NASDAQ-100 VOLATILITY INDEX - 1H