NASDAQ INDUSTRIAL INDEX
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 - Daily - Technical analysis published on 08/25/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
22%
44%
33%
My opinion
Bearish under 9,269.36 USD
My targets
8,647.65 USD (-3.84%)
8,357.49 USD (-7.06%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for NASDAQ INDUSTRIAL INDEX as long as the price remains well below 9,269.36 USD. The sellers' bearish objective is set at 8,647.65 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8,357.49 USD. If there is any crossing, the next objective would be the support located at 7,720.51 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.1

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. 1H Weekly

Additional analysis

Quotes

NASDAQ INDUSTRIAL INDEX rating 8,992.56 USD. The price registered an increase of +0.98% on the session with the lowest point at 8,879.79 USD and the highest point at 9,021.40 USD. The deviation from the price is +1.27% for the low point and -0.32% for the high point.

8,879.79
9,021.40
8,992.56

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this NASDAQ INDUSTRIAL INDEX chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8,357.49 8,647.65 8,912.73 8,992.56 9,269.36 9,741.81 11,219.80
Change (%) -7.06% -3.84% -0.89% - +3.08% +8.33% +24.77%
Change -635.07 -344.91 -79.83 - +276.80 +749.25 +2,227.24
Level Intermediate Major Intermediate - Minor Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,621.748,763.238,834.208,975.699,046.669,188.159,259.12
Camarilla8,846.748,866.228,885.708,905.178,924.658,944.128,963.60
Woodie8,586.488,745.608,798.948,958.069,011.409,170.529,223.86
Fibonacci8,763.238,844.398,894.538,975.699,056.859,106.999,188.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,212.808,521.128,716.929,025.249,221.049,529.369,725.16
Camarilla8,774.108,820.318,866.528,912.738,958.949,005.159,051.36
Woodie8,156.558,492.998,660.678,997.119,164.799,501.239,668.91
Fibonacci8,521.128,713.698,832.669,025.249,217.819,336.789,529.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,588.188,843.339,180.319,435.469,772.4410,027.5910,364.57
Camarilla9,354.449,408.729,463.009,517.289,571.569,625.849,680.12
Woodie8,629.098,863.799,221.229,455.929,813.3510,048.0510,405.48
Fibonacci8,843.339,069.539,209.279,435.469,661.669,801.4010,027.59

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): 40.95
MACD (12,26,9): -86.6800
Directional Movement: -12.86
AROON (14): -64.29
DEMA (21): 9,054.43
Parabolic SAR (0,02-0,02-0,2): 9,260.75
Elder Ray (13): -136.25
Super Trend (3,10): 9,285.49
Zig ZAG (10): 8,972.69
VORTEX (21): 0.7800
Stochastique (14,3,5): 24.04
TEMA (21): 8,920.39
Williams %R (14): -77.81
Chande Momentum Oscillator (20): -342.42
Repulse (5,40,3): -1.2500
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 8.06
MA7: 8,976.06
MA20: 9,205.09
MA50: 9,237.03
MA100: 8,783.76
MAexp7: 9,014.69
MAexp20: 9,141.44
MAexp50: 9,109.02
MAexp100: 8,887.43
Price / MA7: +0.18%
Price / MA20: -2.31%
Price / MA50: -2.65%
Price / MA100: +2.38%
Price / MAexp7: -0.25%
Price / MAexp20: -1.63%
Price / MAexp50: -1.28%
Price / MAexp100: +1.18%

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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