Nasdaq Combined Compos (COMPX.US)

Close: 14 781.00 (+19.24), Aug 4, 2021
Positive

Medium risk

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: Positive
chart Nasdaq Combined Composite Index (COMPX) Long term
Long term: Positive
chart Nasdaq Combined Composite Index (COMPX)
RSI - Relative Strength Index

Short term

Nasdaq Combined Composite Index is in a rising trend channel in the short term. This signals increasing optimism among investors and indicates continued rise. The index has broken up through resistance at points 14740. This predicts a further rise. In case of negative reactions, there will now be support at points 14740. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically positive for the short term.

Recommendation one to six weeks: Positive (Score: 90)

Medium term

Nasdaq Combined Composite Index is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index has broken up through resistance at points 14100. This predicts a further rise. In case of negative reactions, there will now be support at points 14100. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 94)

Long term

Nasdaq Combined Composite Index has broken the rising trend up in the long term. This signals an even stronger growth rate. The index has broken up through resistance at points 14200. This predicts a further rise. In case of negative reactions, there will now be support at points 14200. The index is assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 90)


Overall analysis

Nasdaq Combined Composite Index is technically positive for the short, medium, as well as the long term.

Recommendation one to six months: Positive (Score: 92)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.29%0.00+0.13%
5 days0.004.00%0.00+0.12%
22 days0.0011.13%0.00+0.96%
66 days0.0022.29%0.00+5.86%
 


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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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