NASDAQ. Market Analysis and Outlook: Navigating Trends in January and February
As of January 22nd, Monday, the NASDAQ index closed with a 0.32% increase, signaling a positive start to the week. The current daily trend remains in the Bullish zone, reflecting a continued upward trajectory. However, we are now approaching a phase where buying momentum is gradually diminishing, indicating an imminent correction trend.
This evolving trend is expected to persist until tomorrow, after which a gradual shift towards a correction trend is anticipated. The projected duration of this correction trend is estimated to be around 4 days. We foresee a potential return to an upward trend by the end of this week or early next week, signaling a resurgence in buying strength. Therefore, it seems that the opportune moment to re-enter the market with stronger buying momentum will be around that time.
Looking ahead, a generally favorable ebb and flow in market movements are expected until the end of January. However, as we transition into February, there are signs of a weakening buying force and a strengthening selling force. This shift in dynamics may lead to a trend reversal, and there is a considerable likelihood of entering the Bearish zone.
Consequently, February poses an increased risk of a downturn, with selling pressure potentially outweighing buying interest. Investors are advised to monitor the market closely during this period and consider risk management strategies. It is crucial to stay vigilant and adapt to the evolving market conditions.
Jan 22, 2024 | |||
◆ Closed price | |||
15,360.29 | 0.32% |
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◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy] | |||
◆Today's Buy-Sell intensity analysis | |||
The current trend appears to be 'Entering a correction trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend. | |||
The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell. | |||
Assuming that the average buy intensity is 100%, | |||
Today's buy intensity is | 101% | | |
◆ 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 : | -50% | ||
HIGH ~ LOW % range tomorrow : | 0.1% | -0.8% | |
Predicted Average loss over the next 3 days: | -2.4% | ||
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◆ NASDAQ stock market 10 Day prediction [Short-term strategy] | |||
It is expected that the overall trend movement over the next 10 days will follow an ascending rectangle pattern, with a ratio of 6 : 4 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 higher. Currently, it's about to begin a correction trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations. but When the stock market opened, the Buy-Sell intensity had turned into a stronger buying 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 | Jan 23 | | |
A good price to sell a stock: | $ 15,335.89 | ||
And the appropriate buying timing is predicted to be in 3 days. | | ||
The buying date is | Jan 24 | to | Jan 25 |
A good price to buy a stock: | $ 15,121.35 | ||
(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. | |||
◆ Predicting the Turning Point of the Trend | |||
The probability of a trend reversal occurring approximately 1 day from now, 5 days from now, 8 days from now | | ||
◆ Prediction of Upper~Lower price range over the next 10 days | |||
Price: | 15,161.58 | ~ | 15,583.81 |
% Change: | -1.3% | ~ | 1.5% |
Median price between the upper and lower prices | 15,372.69 | 0.1% | |
◆ Analysis of the trend zone & level% and average intensity of trends | |||
For the last 30 days, the average trend zone & level% | Bullish | 35% | |
The Current trend zone & level% | Bullish | 73% | |
The expected average trend zone & level% for the next 10 days | Bullish | 60% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 87% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -39% | (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 | -50% | 0.1% | -0.8% |
In 2 days: Correction trend | -50% | 0.0% | -0.8% |
In 3 days: Correction trend | -50% | -0.1% | -0.8% |
In 4 days: Entering an uptrend | 67% | 0.9% | 0.0% |
In 5 days: Entering an uptrend | 99% | 1.4% | 0.4% |
In 6 days: Uptrend | 95% | 1.0% | 0.3% |
In 7 days: Entering a correction trend | -19% | 0.1% | -0.6% |
In 8 days: Entering a correction trend | -45% | 0.0% | -0.7% |
In 9 days: Correction trend | -43% | 0.0% | -0.6% |
In 10 days: Correction trend | -16% | 0.2% | -0.6% |
◆ Average closing price in case of rising: | | 0.7% | |
=> HIGH ~ LOW range: | 0.9% | ~ | -0.3% |
◆ Average closing price in case of falling: | | -0.4% | |
=> HIGH ~ LOW range: | 0.4% | ~ | -0.8% |
The 10-day prediction and technical analysis of the NASDAQ index are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis. |
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