NDX Weekly Volatility Analysis 9-13 Jan 2023

9 בינו׳ 2023

NDX Weekly Volatility Analysis 9-13 Jan 2023



We can see that currently the implied volatility for this week is 3.83%

With this in mind, currently from ATR point of view we are located in the 81th percentile.

Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data since 2022*
Bullish: 3.24% movement
Bearish: 3.3% movement

At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 11574
BOT: 10680

Taking into consideration the previous weekly high/low, currently for this candle there is :
36.46% probability we are going to touch previous weekly high
66.3% probability we are going to touch previous weekly low


Lastly, from the technical analysis point of view, currently from
Daily timeframe indicates -53.33% BEARISH trend from the moving averages index
Weekly timeframe indicates -80% BEARISH trend from the moving averages index
Monthly timeframe indicates -26.67% BEARISH trend from the moving averages index