NASDAQ COMPOSITE INDEX - 1H - Technical analysis published on 04/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 16,438.34 USD
My targets
16,057.40 USD (-1.53%)
15,589.61 USD (-4.40%)
My analysis
In the short term, we can see an acceleration in the bearish trend on NASDAQ COMPOSITE INDEX, which is a positive signal for sellers. As long as the price remains above 16,438.34 USD, a sale could be considered. The first bearish objective is located at 16,057.40 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15,589.61 USD as an objective. Crossing it would then enable sellers to target 15,267.91 USD. If the price were to return above 16,438.34 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.1
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Additional analysis
Quotes
NASDAQ COMPOSITE INDEX rating 16,307.16 USD. The price registered a decrease of -3.07% on the session and was between 16,066.46 USD and 16,600.37 USD. This implies that the price is at +1.50% from its lowest and at -1.77% from its highest.16,066.46
16,600.37
16,307.16
Here is a more detailed summary of the historical variations registered by NASDAQ COMPOSITE INDEX:
Technical
A technical analysis in 1H of this NASDAQ COMPOSITE INDEX chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals 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, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner found no further results concerning independent 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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 15,267.91 | 15,589.61 | 16,057.40 | 16,307.16 | 16,854.37 | 17,303.01 | 17,923.10 |
Change (%) | -6.37% | -4.40% | -1.53% | - | +3.36% | +6.11% | +9.91% |
Change | -1,039.25 | -717.55 | -249.76 | - | +547.21 | +995.85 | +1,615.94 |
Level | Intermediate | Minor | Major | - | Minor | Intermediate | Intermediate |
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 | 15,515.05 | 15,790.75 | 16,048.96 | 16,324.66 | 16,582.87 | 16,858.57 | 17,116.78 |
Camarilla | 16,160.34 | 16,209.28 | 16,258.22 | 16,307.16 | 16,356.10 | 16,405.04 | 16,453.99 |
Woodie | 15,506.30 | 15,786.38 | 16,040.21 | 16,320.29 | 16,574.12 | 16,854.20 | 17,108.03 |
Fibonacci | 15,790.75 | 15,994.71 | 16,120.71 | 16,324.66 | 16,528.62 | 16,654.62 | 16,858.57 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12,852.44 | 13,818.23 | 15,271.35 | 16,237.14 | 17,690.26 | 18,656.05 | 20,109.17 |
Camarilla | 16,059.26 | 16,280.99 | 16,502.73 | 16,724.46 | 16,946.19 | 17,167.93 | 17,389.66 |
Woodie | 13,096.10 | 13,940.06 | 15,515.01 | 16,358.97 | 17,933.92 | 18,777.88 | 20,352.83 |
Fibonacci | 13,818.23 | 14,742.26 | 15,313.12 | 16,237.14 | 17,161.17 | 17,732.03 | 18,656.05 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14,300.41 | 15,577.39 | 16,438.34 | 17,715.32 | 18,576.27 | 19,853.25 | 20,714.20 |
Camarilla | 16,711.36 | 16,907.34 | 17,103.31 | 17,299.29 | 17,495.27 | 17,691.24 | 17,887.22 |
Woodie | 14,092.40 | 15,473.38 | 16,230.33 | 17,611.31 | 18,368.26 | 19,749.24 | 20,506.19 |
Fibonacci | 15,577.39 | 16,394.08 | 16,898.63 | 17,715.32 | 18,532.01 | 19,036.56 | 19,853.25 |
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): | 42.45 | |
MACD (12,26,9): | -60.4400 | |
Directional Movement: | -16.25 | |
AROON (14): | -85.71 | |
DEMA (21): | 16,509.05 | |
Parabolic SAR (0,02-0,02-0,2): | 16,797.39 | |
Elder Ray (13): | -299.96 | |
Super Trend (3,10): | 16,729.56 | |
Zig ZAG (10): | 16,307.16 | |
VORTEX (21): | 0.8400 | |
Stochastique (14,3,5): | 8.91 | |
TEMA (21): | 16,368.52 | |
Williams %R (14): | -73.65 | |
Chande Momentum Oscillator (20): | -568.42 | |
Repulse (5,40,3): | -0.1100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 5.42 |
MA7: | 16,495.21 | |
MA20: | 17,026.03 | |
MA50: | 18,100.00 | |
MA100: | 18,832.22 | |
MAexp7: | 16,379.27 | |
MAexp20: | 16,536.56 | |
MAexp50: | 16,531.82 | |
MAexp100: | 16,710.34 | |
Price / MA7: | -1.14% | |
Price / MA20: | -4.22% | |
Price / MA50: | -9.91% | |
Price / MA100: | -13.41% | |
Price / MAexp7: | -0.44% | |
Price / MAexp20: | -1.39% | |
Price / MAexp50: | -1.36% | |
Price / MAexp100: | -2.41% |
Quotes :
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15 min delayed data
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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:
-
Nasdaq Composite officially entered bear market
-
Nasdaq Composite Courts Bear Market Territory
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S&P 500 And Nasdaq Composite Close To Record Highs
-
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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