Nasdaq Combined Compos (COMPX.US)

Close: 12 658.00 (-63.03), Aug 5, 2022
Weak Positive

Low risk

Automatic technical analysis. Medium term, Aug 5, 2022

Nasdaq Combined Composite Index has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The index has broken a resistance level and given a positive signal for the long-term trading range. The index has marginally broken up through resistance at points 12600. An established break predicts a further rise. The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well. The index is overall assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive (Score: 39)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.19%0.00-0.50%
5 days0.003.88%0.00+2.15%
22 days0.009.61%0.00+11.40%
66 days0.0017.39%0.00+0.97%

More analyses of Nasdaq Combined Composite Index

chart Nasdaq Combined Composite Index (COMPX) Candlesticks 22 Days
Candlesticks
chart Nasdaq Combined Composite Index (COMPX) Short term
Short term: Positive
chart Nasdaq Combined Composite Index (COMPX) Medium term
Medium term: Weak Positive
chart Nasdaq Combined Composite Index (COMPX) Long term
Long term: Positive
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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