NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 03/28/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 18,590.83 USD
My targets
18,397.58 USD (-0.44%)
18,291.42 USD (-1.01%)
My analysis
NASDAQ100 - MINI NASDAQ100 FULL0624 is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 18,590.83 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 18,397.58 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 18,291.42 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 18,204.33 USD. Beware of a possible return to above the resistance located at 18,590.83 USD which would be a sign of a correction of the short-term bearish excesses registered.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0624 rating 18,478.00 USD. The price is lower by -0.14% since the last closing with the lowest point at 18,457.25 USD and the highest point at 18,538.75 USD. The deviation from the price is +0.11% for the low point and -0.33% for the high point.18,457.25
18,538.75
18,478.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 18,053.25 | 18,151.00 | 18,379.75 | 18,478.00 | 18,492.00 | 18,581.35 | 18,709.00 |
Change (%) | -2.30% | -1.77% | -0.53% | - | +0.08% | +0.56% | +1.25% |
Change | -424.75 | -327.00 | -98.25 | - | +14.00 | +103.35 | +231.00 |
Level | Minor | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 18,204.33 | 18,291.42 | 18,397.58 | 18,484.67 | 18,590.83 | 18,677.92 | 18,784.08 |
Camarilla | 18,450.61 | 18,468.32 | 18,486.04 | 18,503.75 | 18,521.47 | 18,539.18 | 18,556.89 |
Woodie | 18,213.88 | 18,296.19 | 18,407.13 | 18,489.44 | 18,600.38 | 18,682.69 | 18,793.63 |
Fibonacci | 18,291.42 | 18,365.24 | 18,410.85 | 18,484.67 | 18,558.49 | 18,604.10 | 18,677.92 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17,526.58 | 17,789.92 | 18,182.33 | 18,445.67 | 18,838.08 | 19,101.42 | 19,493.83 |
Camarilla | 18,394.42 | 18,454.53 | 18,514.64 | 18,574.75 | 18,634.86 | 18,694.97 | 18,755.08 |
Woodie | 17,591.13 | 17,822.19 | 18,246.88 | 18,477.94 | 18,902.63 | 19,133.69 | 19,558.38 |
Fibonacci | 17,789.92 | 18,040.41 | 18,195.17 | 18,445.67 | 18,696.16 | 18,850.92 | 19,101.42 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 16,930.58 | 17,275.42 | 17,930.58 | 18,275.42 | 18,930.58 | 19,275.42 | 19,930.58 |
Camarilla | 18,310.75 | 18,402.42 | 18,494.08 | 18,585.75 | 18,677.42 | 18,769.08 | 18,860.75 |
Woodie | 17,085.75 | 17,353.00 | 18,085.75 | 18,353.00 | 19,085.75 | 19,353.00 | 20,085.75 |
Fibonacci | 17,275.42 | 17,657.42 | 17,893.42 | 18,275.42 | 18,657.42 | 18,893.42 | 19,275.42 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 44.59 | |
MACD (12,26,9): | -1.6400 | |
Directional Movement: | -2.97 | |
AROON (14): | 14.29 | |
DEMA (21): | 18,493.39 | |
Parabolic SAR (0,02-0,02-0,2): | 18,532.45 | |
Elder Ray (13): | -13.43 | |
Super Trend (3,10): | 18,449.74 | |
Zig ZAG (10): | 18,475.00 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 31.39 | |
TEMA (21): | 18,491.09 | |
Williams %R (14): | -74.54 | |
Chande Momentum Oscillator (20): | -35.50 | |
Repulse (5,40,3): | -0.0800 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.10 |
MA7: | 18,507.86 | |
MA20: | 18,391.78 | |
MA50: | 18,148.72 | |
MA100: | 17,449.70 | |
MAexp7: | 18,486.15 | |
MAexp20: | 18,494.74 | |
MAexp50: | 18,493.66 | |
MAexp100: | 18,493.58 | |
Price / MA7: | -0.16% | |
Price / MA20: | +0.47% | |
Price / MA50: | +1.81% | |
Price / MA100: | +5.89% | |
Price / MAexp7: | -0.04% | |
Price / MAexp20: | -0.09% | |
Price / MAexp50: | -0.08% | |
Price / MAexp100: | -0.08% |
Quotes :
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10 min delayed data
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CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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