Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Indicators are mixed in directional attitude. This indicates a strong consolidation/decision area. Trade with caution while waiting for a trend direction decision to be made.
The anticipated upcoming trade range is between 8604.25 - 9143.60
No Conolidation Exists at this time
If NDX is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 9398.5
Out of the combined (weekly & daily) indicators monitored, 16.67% are bearish, 75.00% are bullish and 8.33% are neutral
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current weekly reading of: Neutral Bull
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 8832.40 - 9105.90
No Conolidation Exists at this time
If NDX is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 8970.95
The prices have moved 2.5 times the normal trade range from Trend Moving Average, a stall/change in direction may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Indicators are mixed in directional attitude. This indicates a strong consolidation/decision area. Trade with caution while waiting for a trend direction decision to be made.
The anticipated upcoming trade range is between 8604.25 - 9143.60
No Conolidation Exists at this time
If NDX is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 9398.5
Out of the combined (weekly & daily) indicators monitored, 16.67% are bearish, 75.00% are bullish and 8.33% are neutral
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current weekly reading of: Neutral Bull
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 8832.40 - 9105.90
No Conolidation Exists at this time
If NDX is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 8970.95
The prices have moved 2.5 times the normal trade range from Trend Moving Average, a stall/change in direction may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.