Nasdaq Combined Compos (COMPX.US)

Close: 7 373.08 (-114.23), Apr 3, 2020
Weak Positive

Extreme risk

Automatic technical analysis. Medium term, Apr 3, 2020

Nasdaq Combined Composite Index has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index is testing the support at points 7300. This could give a positive reaction, but a downward breakthrough of points 7300 means a negative signal. The volume balance is negative and weakens the index in the short term. The index is overall assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive (Score: 48)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.11%0.00-1.53%
5 days0.003.45%0.00-1.72%
22 days-48.769.23%2 185.95-18.24%
66 days-38.9916.79%2 368.45-17.58%

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: Negative
chart Nasdaq Combined Composite Index (COMPX) Medium term
Medium term: Weak Positive
chart Nasdaq Combined Composite Index (COMPX) Long term
Long term: Weak Positive
 


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.


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.

Titlex

OK
Free Trial Now