NASDAQ REAL ESTATE AND OTHER FINANCIAL - Daily - Technical analysis published on 12/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 9,078.46 USD
My targets
9,471.48 USD (+1.58%)
9,628.40 USD (+3.26%)
My analysis
The bullish trend is currently very strong on NASDAQ OTHER FINANCE INDEX. As long as the price remains above the support at 9,078.46 USD, you could try to benefit from the boom. The first bullish objective is located at 9,471.48 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9,628.40 USD as an objective. Crossing it would then enable buyers to target 9,906.76 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
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ OTHER FINANCE INDEX rating 9,324.58 USD. On the day, this instrument gained +0.26% and was traded between 9,324.28 USD and 9,361.63 USD over the period. The price is currently at +0.00% from its lowest and -0.40% from its highest.9,324.28
9,361.63
9,324.58
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ OTHER FINANCE INDEX in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 8,523.42 | 8,809.36 | 9,078.46 | 9,324.58 | 9,325.11 |
| Change (%) | -8.59% | -5.53% | -2.64% | - | +0.01% |
| Change | -801.16 | -515.22 | -246.12 | - | +0.53 |
| Level | Major | Intermediate | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,226.78 | 9,243.02 | 9,271.88 | 9,288.12 | 9,316.98 | 9,333.23 | 9,362.09 |
| Camarilla | 9,288.34 | 9,292.47 | 9,296.61 | 9,300.74 | 9,304.88 | 9,309.01 | 9,313.14 |
| Woodie | 9,233.08 | 9,246.17 | 9,278.19 | 9,291.28 | 9,323.29 | 9,336.38 | 9,368.40 |
| Fibonacci | 9,243.02 | 9,260.25 | 9,270.89 | 9,288.12 | 9,305.35 | 9,316.00 | 9,333.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,167.33 | 9,210.96 | 9,262.77 | 9,306.40 | 9,358.20 | 9,401.84 | 9,453.64 |
| Camarilla | 9,288.33 | 9,297.08 | 9,305.82 | 9,314.57 | 9,323.32 | 9,332.07 | 9,340.82 |
| Woodie | 9,171.42 | 9,213.00 | 9,266.85 | 9,308.44 | 9,362.29 | 9,403.88 | 9,457.73 |
| Fibonacci | 9,210.96 | 9,247.42 | 9,269.94 | 9,306.40 | 9,342.86 | 9,365.38 | 9,401.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,600.93 | 8,757.84 | 9,036.21 | 9,193.12 | 9,471.48 | 9,628.40 | 9,906.76 |
| Camarilla | 9,194.87 | 9,234.77 | 9,274.67 | 9,314.57 | 9,354.47 | 9,394.37 | 9,434.27 |
| Woodie | 8,661.65 | 8,788.20 | 9,096.93 | 9,223.48 | 9,532.21 | 9,658.76 | 9,967.49 |
| Fibonacci | 8,757.84 | 8,924.12 | 9,026.84 | 9,193.12 | 9,359.39 | 9,462.12 | 9,628.40 |
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): | 67.42 | |
| MACD (12,26,9): | 73.5500 | |
| Directional Movement: | 21.46 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 9,305.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,185.98 | |
| Elder Ray (13): | 92.06 | |
| Super Trend (3,10): | 9,157.11 | |
| Zig ZAG (10): | 9,324.58 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 80.15 | |
| TEMA (21): | 9,341.78 | |
| Williams %R (14): | -16.60 | |
| Chande Momentum Oscillator (20): | 119.90 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 4.35 |
| MA7: | 9,289.08 | |
| MA20: | 9,198.99 | |
| MA50: | 9,043.90 | |
| MA100: | 9,058.84 | |
| MAexp7: | 9,285.03 | |
| MAexp20: | 9,211.08 | |
| MAexp50: | 9,117.21 | |
| MAexp100: | 9,020.44 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +1.37% | |
| Price / MA50: | +3.10% | |
| Price / MA100: | +2.93% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +1.23% | |
| Price / MAexp50: | +2.27% | |
| Price / MAexp100: | +3.37% |
This member declared not having a position on this financial instrument or a related financial instrument.
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