NASDAQ INC.
NASDAQ INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NDAQ
ISIN:

NASDAQ INC. - 1H - Technical analysis published on 05/31/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 59.38 USD
My targets
58.40 USD (-0.98%)
56.90 USD (-3.53%)
My analysis
The bearish trend is currently very strong for NASDAQ INC.. As long as the price remains below the resistance at 59.38 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 58.40 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 56.90 USD as an objective. Crossing it would then enable sellers to target 55.22 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8

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. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NASDAQ INC. rating 58.98 USD. On the day, this instrument lost -0.12% and was traded between 58.76 USD and 59.70 USD over the period. The price is currently at +0.37% from its lowest and -1.21% from its highest.

58.76
59.70
58.98

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NASDAQ INC. indicates that the overall trend is strongly bearish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 55.22 56.90 58.40 58.98 59.38 59.89 60.87
Change (%) -6.38% -3.53% -0.98% - +0.68% +1.54% +3.20%
Change -3.76 -2.08 -0.58 - +0.40 +0.91 +1.89
Level Intermediate Intermediate Major - Major 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
Standard57.2358.0458.5459.3559.8560.6661.16
Camarilla58.6958.8158.9359.0559.1759.2959.41
Woodie57.0957.9658.4059.2759.7160.5861.02
Fibonacci58.0458.5458.8559.3559.8560.1660.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.0560.7661.4962.2062.9363.6464.37
Camarilla61.8361.9762.1062.2362.3662.4962.63
Woodie60.0760.7761.5162.2162.9563.6564.39
Fibonacci60.7661.3161.6562.2062.7563.0963.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.0754.5857.2260.7363.3766.8869.52
Camarilla58.1658.7259.2959.8560.4160.9861.54
Woodie50.6354.3656.7860.5162.9366.6669.08
Fibonacci54.5856.9358.3860.7363.0864.5366.88

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): 25.09
MACD (12,26,9): -0.6100
Directional Movement: -23.94
AROON (14): -64.29
DEMA (21): 58.97
Parabolic SAR (0,02-0,02-0,2): 59.77
Elder Ray (13): -0.54
Super Trend (3,10): 60.00
Zig ZAG (10): 59.09
VORTEX (21): 0.6800
Stochastique (14,3,5): 21.92
TEMA (21): 58.80
Williams %R (14): -75.54
Chande Momentum Oscillator (20): -0.85
Repulse (5,40,3): -0.3300
ROCnROLL: 2
TRIX (15,9): -0.1500
Courbe Coppock: 2.73
MA7: 60.61
MA20: 61.03
MA50: 61.20
MA100: 59.26
MAexp7: 59.15
MAexp20: 59.77
MAexp50: 60.63
MAexp100: 60.98
Price / MA7: -2.69%
Price / MA20: -3.36%
Price / MA50: -3.63%
Price / MA100: -0.47%
Price / MAexp7: -0.29%
Price / MAexp20: -1.32%
Price / MAexp50: -2.72%
Price / MAexp100: -3.28%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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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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