NASDAQ COMPOSITE INDEX
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 - Weekly - Technical analysis published on 03/28/2025 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Bearish under 18,647.45 USD
My targets
17,373.00 USD (-2.42%)
16,057.40 USD (-9.81%)
My analysis
The strong short-term decline in NASDAQ COMPOSITE INDEX calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 18,647.45 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 17,373.00 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, a return to above 18,647.45 USD could jeopardize the reversal.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.3

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This analysis was given by omar alsatouf. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

NASDAQ COMPOSITE INDEX rating 17,804.03 USD. The price is up +0.11% over 5 days and has been traded over the last 5 days between 17,743.80 USD and 18,281.14 USD. This implies that the 5 day price is +0.34% from its lowest point and -2.61% from its highest point.

17,743.80
18,281.14
17,804.03

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Weekly chart of NASDAQ COMPOSITE INDEX indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in 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
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 12,592.72 14,303.22 16,057.40 17,804.03 18,647.45 20,141.57
Change (%) -29.27% -19.66% -9.81% - +4.74% +13.13%
Change -5,211.31 -3,500.81 -1,746.63 - +843.42 +2,337.54
Level Minor Intermediate Major - Intermediate Major



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
Standard17,458.3317,601.0617,702.5517,845.2817,946.7718,089.5018,190.99
Camarilla17,736.8717,759.2617,781.6417,804.0317,826.4217,848.8017,871.19
Woodie17,437.7017,590.7517,681.9217,834.9717,926.1418,079.1918,170.36
Fibonacci17,601.0617,694.3617,751.9917,845.2817,938.5817,996.2118,089.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17,007.5617,219.6217,501.8317,713.8917,996.1018,208.1618,490.37
Camarilla17,648.1317,693.4317,738.7417,784.0517,829.3617,874.6717,919.97
Woodie17,042.6517,237.1617,536.9217,731.4318,031.1918,225.7018,525.46
Fibonacci17,219.6217,408.4317,525.0817,713.8917,902.7018,019.3518,208.16


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,373.0117,373.0018,110.1419,110.1319,847.2720,847.2621,584.40
Camarilla18,369.5718,528.8118,688.0418,847.2819,006.5219,165.7519,324.99
Woodie16,241.5917,307.2917,978.7219,044.4219,715.8520,781.5521,452.98
Fibonacci17,373.0018,036.5818,446.5519,110.1319,773.7120,183.6820,847.26

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): 40.56
MACD (12,26,9): -17.5200
Directional Movement: -9.35
AROON (14): -85.71
DEMA (21): 18,905.18
Parabolic SAR (0,02-0,02-0,2): 19,693.07
Elder Ray (13): -677.12
Super Trend (3,10): 19,966.57
Zig ZAG (10): 17,804.03
VORTEX (21): 0.9500
Stochastique (14,3,5): 18.48
TEMA (21): 18,382.20
Williams %R (14): -80.36
Chande Momentum Oscillator (20): -1,817.64
Repulse (5,40,3): -3.2100
ROCnROLL: -1
TRIX (15,9): 0.2500
Courbe Coppock: 9.49
MA7: 17,912.85
MA20: 17,930.68
MA50: 18,948.71
MA100: 19,142.13
MAexp7: 18,354.81
MAexp20: 18,750.34
MAexp50: 18,022.07
MAexp100: 16,658.06
Price / MA7: -0.61%
Price / MA20: -0.71%
Price / MA50: -6.04%
Price / MA100: -6.99%
Price / MAexp7: -3.00%
Price / MAexp20: -5.05%
Price / MAexp50: -1.21%
Price / MAexp100: +6.88%

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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