Bullish Momentum: NASDAQ Index Shifts Gears, Predicting a Favorable Upward Trend Ahead.


The NASDAQ index, which started with a strong decline from the Bearish zone two days ago, showed a weak buying intensity initially. However, as buying strength gradually increased, it ended the day with a very strong upward trend, entering the Bullish zone. This change in zone, driven by this flow, suddenly altered the overall direction of the predicted trend.

Considering the predicted trend of the NASDAQ index to continue in the Bullish zone for the next two weeks, it appears that the downside risk will be limited. A favorable upward trend is expected to persist in the near future.


Oct 09, 2023

Closed price

13,484.24

0.39%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

Today's Buy-Sell intensity analysis

The current trend appears to be 'Uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a stronger LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-sell intensity indicates that the sell intensity is stronger than the buy.

Assuming that the average sell intensity is -100%,

Today's sell intensity is

-111%

 

 

Tomorrow's Buy-Sell intensity Prediction

Based on recent market trends and technical analysis, it looks like NASDAQ will enter an Correction trend tomorrow

The %intensity of Risk & Return tomorrow :

6%

HIGH ~ LOW % range tomorrow :

0.6%

-0.3%

Predicted Average loss over the next 3 days:

-0.4%

 

 

 

 

 

 

 

NASDAQ stock market 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a sideways box pattern, with a ratio of 7 : 3 for the downward to upward direction, indicating a higher proportion of the downward trend. However, in terms of the expected strength of the upward and downward movements, the downward strength is moderate, while the upward strength is somewhat higher. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. but When the stock market opened, the Buy-Sell intensity had turned into a stronger selling flow.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Oct 10

 

 

A good price to sell a stock:

$ 13,543.06

And the appropriate buying timing is predicted to be in 4 days.

 

The buying date is

Oct 12

to

Oct 13

A good price to buy a stock:

$ 13,379.86

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 2 days from now, 6 days from now, 8 days from now

59%

Prediction of Upper~Lower price range over the next 10 days

Price:

13,415.60

~

13,680.76

% Change:

-0.5%

~

1.5%

Median price between the upper and lower prices

13,548.18

0.5%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-26%

The Current trend zone & level%

Bullish

61%

The expected average trend zone & level% for the next 10 days

Bullish

88%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

59%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-43%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a correction trend

6%

0.6%

-0.3%

In 2 days: Entering a correction trend

-34%

0.1%

-0.5%

In 3 days: Correction trend

-49%

0.0%

-0.6%

In 4 days: Entering an uptrend

-33%

0.1%

-0.3%

In 5 days: Entering an uptrend

100%

1.2%

-0.1%

In 6 days: Entering an uptrend

48%

0.7%

-0.3%

In 7 days: Uptrend

80%

1.2%

0.0%

In 8 days: Turning into a correction trend

-42%

0.0%

-0.8%

In 9 days: Correction trend

-48%

0.0%

-1.0%

In 10 days: Correction trend

-48%

-0.1%

-0.9%

Average closing price in case of rising:

 

0.8%

=> HIGH ~ LOW range:

1.0%

~

-0.3%

Average closing price in case of falling:

 

-0.6%

=> HIGH ~ LOW range:

0.3%

~

-1.0%


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