NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 03/19/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 18,039.08 USD

My targets

17,478.91 USD (-2.01%)

17,319.44 USD (-2.91%)

My analysis

NASDAQ100 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 18,039.08 USD. The next support located at 17,478.91 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 17,319.44 USD. Below this support, sellers could then target 16,573.30 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Kika. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 17,838.12 USD. On the day, this instrument lost -0.82% with the lowest point at 17,838.12 USD and the highest point at 17,907.08 USD. The deviation from the price is 0% for the low point and -0.39% for the high point.

17,838.12

17,907.08

17,838.12

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NASDAQ100 INDEX chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Downside gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16,573.30	17,319.44	17,478.91	17,838.12	17,840.40	18,039.08	18,124.32
Change (%)	-7.09%	-2.91%	-2.01%	-	+0.01%	+1.13%	+1.60%
Change	-1,264.82	-518.68	-359.21	-	+2.28	+200.96	+286.20
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,779.40	17,876.24	17,930.63	18,027.47	18,081.86	18,178.70	18,233.09
Camarilla	17,943.42	17,957.29	17,971.15	17,985.01	17,998.87	18,012.74	18,026.60
Woodie	17,758.17	17,865.63	17,909.40	18,016.86	18,060.63	18,168.09	18,211.86
Fibonacci	17,876.24	17,934.01	17,969.70	18,027.47	18,085.24	18,120.93	18,178.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,175.99	17,470.49	17,639.37	17,933.87	18,102.75	18,397.25	18,566.13
Camarilla	17,680.82	17,723.30	17,765.77	17,808.25	17,850.73	17,893.20	17,935.68
Woodie	17,113.18	17,439.09	17,576.56	17,902.47	18,039.94	18,365.85	18,503.32
Fibonacci	17,470.49	17,647.50	17,756.86	17,933.87	18,110.88	18,220.24	18,397.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,533.46	16,854.64	17,449.25	17,770.43	18,365.04	18,686.22	19,280.83
Camarilla	17,792.01	17,875.96	17,959.90	18,043.85	18,127.80	18,211.75	18,295.69
Woodie	16,670.17	16,923.00	17,585.96	17,838.79	18,501.75	18,754.58	19,417.54
Fibonacci	16,854.64	17,204.48	17,420.60	17,770.43	18,120.27	18,336.39	18,686.22

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):	42.80
MACD (12,26,9):	-16.4500
Directional Movement:	-9.92
AROON (14):	35.71
DEMA (21):	17,945.68
Parabolic SAR (0,02-0,02-0,2):	17,848.40
Elder Ray (13):	-82.70
Super Trend (3,10):	17,771.22
Zig ZAG (10):	17,869.07
VORTEX (21):	0.8100
Stochastique (14,3,5):	55.02
TEMA (21):	17,954.13
Williams %R (14):	-72.05
Chande Momentum Oscillator (20):	43.75
Repulse (5,40,3):	-0.6400
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	0.42

MA7:	17,984.15
MA20:	17,997.21
MA50:	17,620.08
MA100:	16,747.69
MAexp7:	17,958.37
MAexp20:	17,974.99
MAexp50:	18,010.77
MAexp100:	17,998.80
Price / MA7:	-0.81%
Price / MA20:	-0.88%
Price / MA50:	+1.24%
Price / MA100:	+6.51%
Price / MAexp7:	-0.67%
Price / MAexp20:	-0.76%
Price / MAexp50:	-0.96%
Price / MAexp100:	-0.89%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

Don't forget to follow the news on NASDAQ100 INDEX. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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