Nasdaq Combined Compos (COMPX.US)

Close: 14 897.00 (+73.91), Oct 15, 2021
Weak Positive

Low risk

chart Nasdaq Combined Composite Index (COMPX) Candlesticks 22 Days
Candlesticks
chart Nasdaq Combined Composite Index (COMPX) Short term
Short term: Weak Negative
chart Nasdaq Combined Composite Index (COMPX) Medium term
Medium term: Weak 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 has broken through the ceiling of a falling trend channel in the short term. This indicates a slower falling rate initially, or the start of a more horizontal development. The index has support at points 14730 and resistance at points 15370. The index is assessed as technically slightly negative for the short term.

Recommendation one to six weeks: Weak Negative (Score: -29)

Medium term

Nasdaq Combined Composite Index has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The index is between support at points 14200 and resistance at points 15400. A definitive break through of one of these levels predicts the new direction. The index is assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive (Score: 29)

Long term

Nasdaq Combined Composite Index has broken the floor of the rising trend channel in the long term, which indicates a weaker initial rising rate. The index has broken up through resistance at points 14200. This predicts a further rise. The index is assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 81)


Overall analysis

Nasdaq Combined Composite Index is technically negative for the short term, but positive for the medium and long term.

Recommendation one to six months: Weak Positive (Score: 43)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.06%0.00+0.50%
5 days0.003.33%0.00+2.18%
22 days0.008.63%0.00-1.74%
66 days0.0017.21%0.00+1.72%
 


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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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