NASDAQ COMPOSITE INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	COMP
ISIN:	XC0009694271

NASDAQ COMPOSITE INDEX - 1H - Technical analysis published on 03/17/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

78%

22%

My opinion

Bearish under 17,902.64 USD

My targets

17,597.35 USD (-0.88%)

17,239.04 USD (-2.90%)

My analysis

In a bearish trend, the price of NASDAQ COMPOSITE INDEX tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 17,902.64 USD. A bearish break in the support located at 17,597.35 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 17,239.04 USD. Then 16,690.83 USD by extension. It would be safer to wait for a bearish break in the support located at 17,597.35 USD before allowing yourself to re trade short positions (for sale) on NASDAQ COMPOSITE INDEX. PS: if there is a bullish break in the resistance located at 17,902.64 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

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 COMPOSITE INDEX price is 17,754.09 USD. The price registered an increase of +2.61% on the session and was traded between 17,491.08 USD and 17,773.48 USD over the period. The price is currently at +1.50% from its lowest and -0.11% from its highest.

17,491.08

17,773.48

17,754.09

Here is a more detailed summary of the historical variations registered by NASDAQ COMPOSITE INDEX:

Technical

Technical analysis of this 1H chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is bearish. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16,690.83	17,239.04	17,597.35	17,754.09	17,902.64	18,647.45	19,044.39
Change (%)	-5.99%	-2.90%	-0.88%	-	+0.84%	+5.03%	+7.27%
Change	-1,063.26	-515.05	-156.74	-	+148.55	+893.36	+1,290.30
Level	Minor	Intermediate	Intermediate	-	Minor	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,289.89	17,390.48	17,572.29	17,672.88	17,854.69	17,955.28	18,137.09
Camarilla	17,676.43	17,702.32	17,728.20	17,754.09	17,779.98	17,805.86	17,831.75
Woodie	17,330.49	17,410.79	17,612.89	17,693.19	17,895.29	17,975.59	18,177.69
Fibonacci	17,390.48	17,498.36	17,565.01	17,672.88	17,780.76	17,847.41	17,955.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,742.37	16,990.30	17,372.20	17,620.13	18,002.03	18,249.96	18,631.86
Camarilla	17,580.89	17,638.62	17,696.36	17,754.09	17,811.82	17,869.56	17,927.29
Woodie	16,809.35	17,023.79	17,439.18	17,653.62	18,069.01	18,283.45	18,698.84
Fibonacci	16,990.30	17,230.90	17,379.54	17,620.13	17,860.73	18,009.37	18,249.96

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.55
MACD (12,26,9):	4.9100
Directional Movement:	3.20
AROON (14):	64.29
DEMA (21):	17,568.14
Parabolic SAR (0,02-0,02-0,2):	17,328.44
Elder Ray (13):	124.38
Super Trend (3,10):	17,857.08
Zig ZAG (10):	17,754.09
VORTEX (21):	0.9500
Stochastique (14,3,5):	91.74
TEMA (21):	17,685.75
Williams %R (14):	-3.63
Chande Momentum Oscillator (20):	279.23
Repulse (5,40,3):	0.6100
ROCnROLL:	-1
TRIX (15,9):	-0.0400
Courbe Coppock:	0.97

MA7:	17,696.49
MA20:	18,672.72
MA50:	19,221.47
MA100:	19,202.11
MAexp7:	17,661.57
MAexp20:	17,594.12
MAexp50:	17,769.06
MAexp100:	18,171.67
Price / MA7:	+0.33%
Price / MA20:	-4.92%
Price / MA50:	-7.63%
Price / MA100:	-7.54%
Price / MAexp7:	+0.52%
Price / MAexp20:	+0.91%
Price / MAexp50:	-0.08%
Price / MAexp100:	-2.30%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

Don't forget to follow the news on NASDAQ COMPOSITE INDEX. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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