1 year price target for NASDAQ:NDX is derived based on TradingView forecast data available for its constituents following the steps described in the related idea. Weights and Price of 16 May 2023 is considered for the calculations. As constituents, weights and analyst price forecasts keep changing, this calculation shows only an approximate range for the next...
We have analyst forecast data available on TradingView for stocks, but not for indexes. This idea shows how to forecast an index using forecast data available for its constituents on forecast tab. Get list of Maximum, Minimum and Average 1-year price estimates of constituents from Forecast tab Get weights of constituents of the index (from exchange or third...
Dec-2021 high of NDQ/DJI coincides with that tech bubble top of 2000! Can we expect another 10% correction to the ratio in the coming months towards the regression base line?
A technical indicator could give a buy signal for a security with one set of values, and at the same time, could give a sell signal for the same security with a different set of values! How do you trust the indicators then?! Moreover, if a set of values works this time, the same set of values may not work the next time! Technical analysis uses historical...