NASDAQ INDUSTRIAL INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDS
ISIN:

NASDAQ INDUSTRIAL INDEX - 1H - Technical analysis published on 07/14/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 9,302.42 USD

My targets

9,488.98 USD (+0.02%)

9,741.81 USD (+2.69%)

My analysis

The bullish trend is currently very strong on NASDAQ INDUSTRIAL INDEX. As long as the price remains above the support at 9,302.42 USD, you could try to benefit from the boom. The first bullish objective is located at 9,488.98 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9,741.81 USD as an objective. Crossing it would then enable buyers to target 11,219.80 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ INDUSTRIAL INDEX price is 9,487.08 USD. The price registered a decrease of -0.07% on the session and was between 9,464.33 USD and 9,530.12 USD. This implies that the price is at +0.24% from its lowest and at -0.45% from its highest.

9,464.33

9,530.12

9,487.08

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NASDAQ INDUSTRIAL INDEX:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NASDAQ INDUSTRIAL INDEX in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

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	8,941.35	9,096.66	9,302.42	9,487.08	9,741.81	11,219.80	12,147.20
Change (%)	-5.75%	-4.12%	-1.95%	-	+2.69%	+18.26%	+28.04%
Change	-545.73	-390.42	-184.66	-	+254.73	+1,732.72	+2,660.12
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate	Major

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	9,331.44	9,371.38	9,432.71	9,472.65	9,533.98	9,573.92	9,635.25
Camarilla	9,466.18	9,475.46	9,484.75	9,494.03	9,503.31	9,512.60	9,521.88
Woodie	9,342.13	9,376.73	9,443.40	9,478.00	9,544.67	9,579.27	9,645.94
Fibonacci	9,371.38	9,410.07	9,433.97	9,472.65	9,511.34	9,535.24	9,573.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,875.42	8,986.96	9,079.94	9,191.48	9,284.46	9,396.00	9,488.98
Camarilla	9,116.69	9,135.44	9,154.18	9,172.93	9,191.68	9,210.43	9,229.17
Woodie	8,866.15	8,982.32	9,070.67	9,186.84	9,275.19	9,391.36	9,479.71
Fibonacci	8,986.96	9,065.08	9,113.35	9,191.48	9,269.60	9,317.87	9,396.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7,797.01	8,081.07	8,626.96	8,911.02	9,456.91	9,740.97	10,286.86
Camarilla	8,944.61	9,020.69	9,096.77	9,172.85	9,248.93	9,325.01	9,401.09
Woodie	7,927.93	8,146.53	8,757.88	8,976.48	9,587.83	9,806.43	10,417.78
Fibonacci	8,081.07	8,398.11	8,593.98	8,911.02	9,228.06	9,423.93	9,740.97

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):	66.06
MACD (12,26,9):	63.6800
Directional Movement:	16.48
AROON (14):	78.57
DEMA (21):	9,523.88
Parabolic SAR (0,02-0,02-0,2):	9,530.12
Elder Ray (13):	28.43
Super Trend (3,10):	9,414.47
Zig ZAG (10):	9,486.83
VORTEX (21):	1.1500
Stochastique (14,3,5):	86.72
TEMA (21):	9,540.47
Williams %R (14):	-25.13
Chande Momentum Oscillator (20):	34.97
Repulse (5,40,3):	-0.2000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	2.79

MA7:	9,308.92
MA20:	9,158.44
MA50:	8,727.38
MA100:	8,405.02
MAexp7:	9,496.63
MAexp20:	9,439.39
MAexp50:	9,335.03
MAexp100:	9,220.23
Price / MA7:	+1.91%
Price / MA20:	+3.59%
Price / MA50:	+8.70%
Price / MA100:	+12.87%
Price / MAexp7:	-0.10%
Price / MAexp20:	+0.51%
Price / MAexp50:	+1.63%
Price / MAexp100:	+2.89%

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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