NASDAQ. The document provides a detailed market analysis suggesting a bullish trend for the NASDAQ index, recommending a 'Buy and Hold' strategy for both long-term and short-term investments.


May 15, 2024

 

 

 

NASDAQ closing price

16,742.4

1.40%

 

 

 

 

 

 

[Long-term strategy]

The current trend zone is Bullish, and Investment position suitable for the trend zone is Buy and Hold.

 

 

 

 

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

 

 

 

 

In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in the Bullish zone, one can anticipate an upward flow of the bullish trend, seeking the potential for high returns.

 

 

 

 

This is a method of investing in the long term, enjoying investment returns by holding assets for an extended period rather than engaging in repetitive buying and selling based on price fluctuations. And when the trend enters a Bearish zone, it becomes the Selling point.

 

 

 

 

As there are no anticipated changes in the trend zone that warrant considering a shift in investment strategy at this point, it is advisable to maintain the current investment position.

 

 

 

 

The 'Buy and Hold' position has been maintained for 7 days since the entry into the Bullish zone. During this period, the cumulative rate of

return in the Bullish has been

2.4%

as of the current date.

 

 

 

 

Buying price

Current price

Difference

16,349.3

16,742.4

393.1

May 06, 2024

May 15, 2024

7 days

 

 

 

 

[Short-term strategy]

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.

 

 

 

 

In a bullish zone, where buying intensity is potentially strong, anticipating significant upward movements is reasonable. Therefore, actively responding with aggressive buying at appropriate entry points in the short term is effective. During selling moments, a gradual and partial selling approach is recommended. This strategy allows for the exploration of opportunities to buy back at lower prices.

 

 

 

 

Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and When the stock market opened, the Buy-Sell intensity had turned into a stronger buying flow.

 

 

 

 

An uptrend is characterized by an overall strong upward flow driven by strong buying intensity.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, 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 higher, while the downward intensity is moderate.

 

 

 

 

A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be in 4 days.

 

 

 

 

The selling date is

May 20

to

May 21

A good price to sell a stock:

17,104.6

 

 

 

 

And the appropriate buying timing is predicted to be in 8 days.

The buying date is

May 24

to

May 28

A good price to buy a stock:

16,913.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

- 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 5 days from now, 9 days from now

 

 

 

 

 

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

Price:

16,725.6

~

17,302.5

% Change:

-0.1%

~

3.3%

Median price between the upper and lower

17,014.1

1.6%

 

 

 

 

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

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

Bearish

-44%

The Current trend zone & level%

Bullish

69%

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

Bullish

81%

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

73%

(Max 100%)

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

-34%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

0.8%

=> HIGH ~ LOW range:

0.9%

~

-0.2%

- Average closing price in case of falling:

 

-0.4%

=> HIGH ~ LOW range:

0.3%

~

-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.

Comments

Popular Posts

TSLA. On May 15, 2024, TSLA stock closed at 174.0, marking a decrease of 2.01%. The current trend zone is Bearish, suggesting a suitable investment position of Sell and Observe.

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

= Pretiming Premium =

DowJones. The current analysis suggests that the Dow Jones index is in a bearish trend, recommending a strategy of selling and observing for long-term investment.

SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

GME Daily Trend Analysis: Navigating Volatility Amidst Reversal Patterns.

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.

S&P500. Comprehensive Analysis and Strategies for S&P 500 Investment.