NASDAQ COMPOSITE INDEX - Daily - Technical analysis published on 03/14/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 17,902.64 USD
My targets
16,690.83 USD (-5.77%)
16,057.40 USD (-9.34%)
My analysis
The bearish trend is currently very strong for NASDAQ COMPOSITE INDEX. As long as the price remains below the resistance at 17,902.64 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 16,690.83 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 16,057.40 USD as an objective. Crossing it would then enable sellers to target 14,303.22 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Jinc89. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ COMPOSITE INDEX price is 17,712.09 USD. The price registered an increase of +2.36% on the session and was traded between 17,491.08 USD and 17,739.04 USD over the period. The price is currently at +1.26% from its lowest and -0.15% from its highest.17,491.08
17,739.04
17,712.09
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1 (Daily)
Type : Neutral
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 14,303.22 | 16,057.40 | 16,690.83 | 17,712.09 | 17,902.64 | 18,647.45 | 19,044.39 |
Change (%) | -19.25% | -9.34% | -5.77% | - | +1.08% | +5.28% | +7.52% |
Change | -3,408.87 | -1,654.69 | -1,021.26 | - | +190.55 | +935.36 | +1,332.30 |
Level | Intermediate | Major | Minor | - | Intermediate | 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 | 16,771.86 | 17,005.65 | 17,154.33 | 17,388.12 | 17,536.80 | 17,770.59 | 17,919.27 |
Camarilla | 17,197.83 | 17,232.89 | 17,267.95 | 17,303.01 | 17,338.07 | 17,373.13 | 17,408.19 |
Woodie | 16,729.31 | 16,984.37 | 17,111.78 | 17,366.84 | 17,494.25 | 17,749.31 | 17,876.72 |
Fibonacci | 17,005.65 | 17,151.75 | 17,242.02 | 17,388.12 | 17,534.22 | 17,624.49 | 17,770.59 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 16,422.06 | 17,095.33 | 17,645.77 | 18,319.04 | 18,869.48 | 19,542.75 | 20,093.19 |
Camarilla | 17,859.70 | 17,971.87 | 18,084.05 | 18,196.22 | 18,308.39 | 18,420.57 | 18,532.74 |
Woodie | 16,360.66 | 17,064.62 | 17,584.37 | 18,288.33 | 18,808.08 | 19,512.04 | 20,031.79 |
Fibonacci | 17,095.33 | 17,562.78 | 17,851.58 | 18,319.04 | 18,786.49 | 19,075.29 | 19,542.75 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 16,373.01 | 17,373.00 | 18,110.14 | 19,110.13 | 19,847.27 | 20,847.26 | 21,584.40 |
Camarilla | 18,369.57 | 18,528.81 | 18,688.04 | 18,847.28 | 19,006.52 | 19,165.75 | 19,324.99 |
Woodie | 16,241.59 | 17,307.29 | 17,978.72 | 19,044.42 | 19,715.85 | 20,781.55 | 21,452.98 |
Fibonacci | 17,373.00 | 18,036.58 | 18,446.55 | 19,110.13 | 19,773.71 | 20,183.68 | 20,847.26 |
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): | 36.45 | |
MACD (12,26,9): | -549.7000 | |
Directional Movement: | -24.09 | |
AROON (14): | -78.57 | |
DEMA (21): | 17,745.59 | |
Parabolic SAR (0,02-0,02-0,2): | 18,017.68 | |
Elder Ray (13): | -478.49 | |
Super Trend (3,10): | 18,838.64 | |
Zig ZAG (10): | 17,705.64 | |
VORTEX (21): | 0.7200 | |
Stochastique (14,3,5): | 13.39 | |
TEMA (21): | 17,381.25 | |
Williams %R (14): | -75.65 | |
Chande Momentum Oscillator (20): | -1,374.79 | |
Repulse (5,40,3): | -0.4700 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.3200 | |
Courbe Coppock: | 18.43 |
MA7: | 17,689.03 | |
MA20: | 18,667.65 | |
MA50: | 19,220.35 | |
MA100: | 19,201.28 | |
MAexp7: | 17,757.16 | |
MAexp20: | 18,402.36 | |
MAexp50: | 18,933.82 | |
MAexp100: | 18,906.21 | |
Price / MA7: | +0.13% | |
Price / MA20: | -5.12% | |
Price / MA50: | -7.85% | |
Price / MA100: | -7.76% | |
Price / MAexp7: | -0.25% | |
Price / MAexp20: | -3.75% | |
Price / MAexp50: | -6.45% | |
Price / MAexp100: | -6.32% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ COMPOSITE INDEX at the time of the analysis were as follows:
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Nasdaq Composite officially entered bear market
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Nasdaq Composite Courts Bear Market Territory
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S&P 500 And Nasdaq Composite Close To Record Highs
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Biotech Boosts S&P 500 And Nasdaq Composite
-
Nasdaq Composite Hits Record High
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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