Summary of Nasdaq Combined Composite Analysis (Feb 6, 2026)
Market Overview
The Nasdaq Combined Composite Index (COMPX) closed at 23,031.21, reflecting a gain of 490.63 points. The overall analysis indicates a weak positive sentiment with a score of 34.
Risk Assessment
The index is assessed to have low volatility risk and no liquidity risk, suggesting a stable trading environment.
Technical Analysis
Short Term Analysis
The index is currently within a horizontal trend channel, indicating investor uncertainty. A break above 23,000 could signal a positive trend, while a drop below 23,079 may lead to further declines towards 22,161. The recommendation for the short term is to hold.
Medium Term Analysis
In the medium term, the index has broken through the floor of a rising trend channel, suggesting a potential slowdown in growth. Support is noted at 20,000 and resistance at 23,800. The recommendation is slightly positive, with a score of 29.
Long Term Analysis
Long-term trends show that the index is in a rising channel, with increasing buy interest. It is currently testing resistance at 24,000. A breakthrough could indicate further positive movement, while negative divergence in the RSI suggests caution. The long-term recommendation is weakly positive, with a score of 32.
Seasonal Variations
Seasonal predictions indicate average price development trends over the past decade, with current price movements compared against historical averages.
Key Ratios and Alerts
| Indicator | Price | Objective |
|---|---|---|
| High-RSI | 26,526.69 | - |
| Long Term Trading Range | 23,857.45 | - |
| Last Close | 23,031.21 | - |
| Low-RSI | 21,031.74 | - |
Conclusion
The analysis of the Nasdaq Combined Composite Index indicates a mixed outlook with short-term uncertainty, medium-term caution, and long-term positive trends. Investors are advised to monitor key resistance and support levels closely.