NASDAQ. The current analysis suggests that the NASDAQ index is currently in a bearish trend, with a recommendation to sell and observe..



May 06, 2024

 

 

 

NASDAQ closing price

16,349.3

1.19%

 

 

 

 

 

 

[Long-term strategy]

The current trend zone is Bearish, and Investment position suitable for the trend zone is Sell and Observe.

 

 

 

 

The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.

 

 

 

 

In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in the Bearish zone, one can anticipate a downward flow of the bearish trend, allowing for the possibility of avoiding high downside risks or potentially gaining profits by investing in inverse stocks.

 

 

 

 

This is a method of waiting, observing the overall market conditions after selling in anticipation of a general price decline, and then making a buy decision again. And when the trend enters a Bullish zone, it becomes the Buying point.

 

 

 

 

The potential for the trend to enter the Bullish zone soon is high, prompting the need to consider a change in investment strategy at this juncture.

 

 

 

 

The 'Sell and Observe' position has been maintained for 17 days since the entry into the Bearish zone. During this period, the cumulative rate of

loss in the Bearish has been

-0.6%

as of the current date.

 

 

 

 

Selling price

Current price

Difference

16,442.2

16,349.3

-93.0

Apr 11, 2024

May 06, 2024

17 days

 

 

 

 

[Short-term strategy]

Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish zone within a few days.

 

 

 

 

In a bearish zone, where selling intensity is potentially strong, considering the possibility of a significant downturn at appropriate selling points is crucial. Hence, in the short term, an active and aggressive selling response is effective. During buying moments, it is advisable to adopt a wait-and-see approach or a conservative response with low exposure for purchases. Responding promptly to sell during upward movements can be utilized as an opportunity for risk hedging.

 

 

 

 

Currently, it's in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and The Buy-Sell intensity had a stronger buying flow than a buying flow in a bearish zone.

 

 

 

 

A rebound trend can be considered a breathing moment with a temporary price or time-based recovery where the strong selling pressure momentarily eases, and there is a temporary emergence of strong buying interest.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a sideways box pattern, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected intensity of the upward and downward movements, the upward intensity is moderate, while the downward intensity is moderate.

 

 

 

 

A suitable investing position is 'Neutral' for now. The appropriate selling timing is predicted to be either today or tomorrow.

 

 

 

 

The selling date is

May 07

 

 

A good price to sell a stock:

16,368.2

 

 

 

 

And the appropriate buying timing is predicted to be in 5 days.

The buying date is

May 10

to

May 13

A good price to buy a stock:

15,933.2

 

 

 

 

- 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 3 days from now, 7 days from now

 

 

 

 

 

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

Price:

15,995.6

~

16,376.5

% Change:

-2.2%

~

0.2%

Median price between the upper and lower

16,186.0

-1.0%

 

 

 

 

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

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

Bearish

-52%

The Current trend zone & level%

Bearish

-9%

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

Bullish

4%

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

43%

(Max 100%)

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

-39%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

0.8%

=> HIGH ~ LOW range:

1.0%

~

-0.2%

- Average closing price in case of falling:

 

-0.7%

=> HIGH ~ LOW range:

0.3%

~

-1.0%

 

 

 

 

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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