VOLATILITY NASDAQ 100 - 1H - Technical analysis published on 04/12/2023 (GMT)
- 185
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
39%
11%
50%
My opinion
Neutral between 6,408.63 USD and 6,559.19 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 6,408.63 USD. The first resistance is located at 6,559.19 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by VOLATILITY NASDAQ 100.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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
VOLATILITY NASDAQ 100 rating 6,488.34 USD. The price registered a decrease of -0.02% on the session with the lowest point at 6,454.03 USD and the highest point at 6,531.89 USD. The deviation from the price is +0.53% for the low point and -0.67% for the high point.6,454.03
6,531.89
6,488.34
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this 1H chart of VOLATILITY NASDAQ 100 indicates that the overall trend is slightly bullish. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6,337.42 | 6,408.63 | 6,480.18 | 6,488.34 | 6,559.19 | 7,514.50 |
| Change (%) | -2.33% | -1.23% | -0.13% | - | +1.09% | +15.82% |
| Change | -150.92 | -79.71 | -8.16 | - | +70.85 | +1,026.16 |
| Level | Minor | Major | Major | - | Major | 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 | 6,433.86 | 6,458.38 | 6,473.87 | 6,498.39 | 6,513.88 | 6,538.40 | 6,553.89 |
| Camarilla | 6,478.37 | 6,482.04 | 6,485.70 | 6,489.37 | 6,493.04 | 6,496.71 | 6,500.37 |
| Woodie | 6,429.36 | 6,456.12 | 6,469.37 | 6,496.13 | 6,509.38 | 6,536.14 | 6,549.39 |
| Fibonacci | 6,458.38 | 6,473.66 | 6,483.10 | 6,498.39 | 6,513.67 | 6,523.11 | 6,538.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,330.93 | 6,386.49 | 6,456.79 | 6,512.35 | 6,582.65 | 6,638.21 | 6,708.51 |
| Camarilla | 6,492.47 | 6,504.01 | 6,515.54 | 6,527.08 | 6,538.62 | 6,550.15 | 6,561.69 |
| Woodie | 6,338.29 | 6,390.18 | 6,464.15 | 6,516.04 | 6,590.01 | 6,641.90 | 6,715.87 |
| Fibonacci | 6,386.49 | 6,434.57 | 6,464.28 | 6,512.35 | 6,560.43 | 6,590.14 | 6,638.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,722.87 | 5,891.14 | 6,225.16 | 6,393.43 | 6,727.45 | 6,895.72 | 7,229.74 |
| Camarilla | 6,421.06 | 6,467.10 | 6,513.15 | 6,559.19 | 6,605.23 | 6,651.28 | 6,697.32 |
| Woodie | 5,805.76 | 5,932.58 | 6,308.05 | 6,434.87 | 6,810.34 | 6,937.16 | 7,312.63 |
| Fibonacci | 5,891.14 | 6,083.01 | 6,201.55 | 6,393.43 | 6,585.30 | 6,703.84 | 6,895.72 |
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): | 49.83 | |
| MACD (12,26,9): | -2.4800 | |
| Directional Movement: | -2.77 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 6,492.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,528.80 | |
| Elder Ray (13): | 1.55 | |
| Super Trend (3,10): | 6,542.40 | |
| Zig ZAG (10): | 6,496.55 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 51.27 | |
| TEMA (21): | 6,489.23 | |
| Williams %R (14): | -43.97 | |
| Chande Momentum Oscillator (20): | -25.51 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.25 |
| MA7: | 6,515.84 | |
| MA20: | 6,436.47 | |
| MA50: | 6,321.45 | |
| MA100: | 6,114.24 | |
| MAexp7: | 6,493.21 | |
| MAexp20: | 6,495.64 | |
| MAexp50: | 6,490.37 | |
| MAexp100: | 6,455.10 | |
| Price / MA7: | -0.42% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | +2.64% | |
| Price / MA100: | +6.12% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.51% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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