NASDAQ HEALTH CARE

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	IXHC
ISIN:

NASDAQ HEALTH CARE - 1H - Technical analysis published on 08/11/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

17%

39%

44%

My opinion

Bearish under 935.50 USD

My targets

920.37 USD (-0.48%)

902.58 USD (-2.41%)

My analysis

The bearish basic trend is very strong on NASDAQ HEALTH CARE but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 935.50 USD. Crossing the first support at 920.37 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 902.58 USD as an objective. Crossing it would then enable sellers to target 890.35 USD. Caution, a return to above the resistance located at 935.50 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

6.1

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 HEALTH CARE rating is 924.83 USD. The price is lower by -0.02% since the last closing and was between 920.52 USD and 928.30 USD. This implies that the price is at +0.47% from its lowest and at -0.37% from its highest.

920.52

928.30

924.83

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

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 results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NASDAQ HEALTH CARE in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	890.35	902.58	920.37	924.83	926.91	935.50	944.75
Change (%)	-3.73%	-2.41%	-0.48%	-	+0.22%	+1.15%	+2.15%
Change	-34.48	-22.25	-4.46	-	+2.08	+10.67	+19.92
Level	Intermediate	Minor	Major	-	Minor	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
Standard	906.96	915.53	920.27	928.84	933.58	942.15	946.89
Camarilla	921.34	922.56	923.78	925.00	926.22	927.44	928.66
Woodie	905.04	914.57	918.35	927.88	931.66	941.19	944.97
Fibonacci	915.53	920.62	923.76	928.84	933.93	937.07	942.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	891.50	909.08	919.41	936.99	947.32	964.90	975.23
Camarilla	922.07	924.62	927.18	929.74	932.30	934.86	937.42
Woodie	887.88	907.27	915.79	935.18	943.70	963.09	971.61
Fibonacci	909.08	919.74	926.33	936.99	947.65	954.24	964.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	872.20	895.70	923.85	947.35	975.50	999.00	1,027.15
Camarilla	937.81	942.54	947.28	952.01	956.75	961.48	966.21
Woodie	874.54	896.86	926.19	948.51	977.84	1,000.16	1,029.49
Fibonacci	895.70	915.43	927.62	947.35	967.08	979.27	999.00

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):	47.36
MACD (12,26,9):	-0.7100
Directional Movement:	-1.81
AROON (14):	-42.86
DEMA (21):	925.23
Parabolic SAR (0,02-0,02-0,2):	933.48
Elder Ray (13):	-0.66
Super Trend (3,10):	922.64
Zig ZAG (10):	925.09
VORTEX (21):	1.0200
Stochastique (14,3,5):	27.27
TEMA (21):	926.20
Williams %R (14):	-72.90
Chande Momentum Oscillator (20):	-2.00
Repulse (5,40,3):	0.0100
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.17

MA7:	925.91
MA20:	942.06
MA50:	942.80
MA100:	938.76
MAexp7:	925.58
MAexp20:	926.32
MAexp50:	929.46
MAexp100:	934.94
Price / MA7:	-0.12%
Price / MA20:	-1.83%
Price / MA50:	-1.91%
Price / MA100:	-1.48%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.16%
Price / MAexp50:	-0.50%
Price / MAexp100:	-1.08%

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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Londinia AI

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