Summary of Nasdaq Combined Composite Analysis
The Nasdaq Combined Composite Index (COMPX) closed at 21,408.08 on March 26, 2026, reflecting a decline of 521.74 points. The analysis covers short-term, medium-term, and long-term trends, providing insights into market behavior and investor sentiment.
Overall Analysis
The overall recommendation for the Nasdaq index is a "Hold" with a score of 4. The analysis indicates low liquidity and volatility risks, suggesting a stable environment for investors.
Short-Term Analysis
The short-term outlook for the Nasdaq index is negative, with a score of -94. The index is currently in a falling trend channel, indicating weak development and declining buy interest. A significant drop occurred after a breakdown through the support level at 22,365, with the next target at 21,678. Resistance is noted at 22,100 points.
Medium-Term Analysis
In the medium term, the index shows a slightly positive outlook with a score of 29. It has broken below the rising trend channel, indicating a weaker growth rate. Support is identified at 20,000 points, while resistance is at 23,800 points. The RSI curve indicates a downward trend, which may signal a potential decline.
Long-Term Analysis
The long-term perspective is positive, with a score of 72. The index remains in a rising trend channel, suggesting that investors have been buying at higher prices. The index is approaching a critical support level at 20,000 points, which could trigger a positive reaction. A breakdown below this level would be a negative signal.
Seasonal Variations
Seasonal predictions indicate average price development over the past ten years, with comparisons to actual price movements in recent months. This analysis helps in understanding potential future trends based on historical data.
Key Ratios and Indicators
| Indicator | Price | Objective |
|---|---|---|
| High-RSI | 26,893.64 | - |
| Long Term Trading Range | 23,857.45 | - |
| Short Term Trading Range | 23,152.08 | - |
| Last Close | 21,408.08 | - |
| Low-RSI | 20,823.53 | - |
Conclusion
The analysis of the Nasdaq Combined Composite Index indicates a complex market environment with varying short, medium, and long-term trends. Investors are advised to monitor key support and resistance levels closely, as well as the overall market sentiment, to make informed decisions.