MICRO E-MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 01/19/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 12,873.80 USD
My targets
13,028.00 USD (+0.88%)
13,097.20 USD (+1.42%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on MICRO E-MINI NASDAQ100 FULL0321. This is a positive signal for buyers. As long as the price remains above 12,873.80 USD, a purchase could be considered. The first bullish objective is located at 13,028.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13,097.20 USD as an objective. In the event of a return below 12,873.80 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by ab_viz. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICRO E-MINI NASDAQ100 FULL0321 rating 12,914.00 USD. On the day, this instrument gained +0.87% with the lowest point at 12,810.25 USD and the highest point at 12,949.25 USD. The deviation from the price is +0.81% for the low point and -0.27% for the high point.12,810.25
12,949.25
12,914.00
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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
Technical
A technical analysis in 1H of this MICRO E-MINI NASDAQ100 FULL0321 chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being 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 Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 10 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,660.50 | 12,818.00 | 12,873.80 | 12,914.00 | 12,931.40 | 13,028.00 | 13,097.20 |
| Change (%) | -1.96% | -0.74% | -0.31% | - | +0.13% | +0.88% | +1.42% |
| Change | -253.50 | -96.00 | -40.20 | - | +17.40 | +114.00 | +183.20 |
| Level | Minor | Major | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,663.93 | 12,695.47 | 12,753.73 | 12,785.27 | 12,843.53 | 12,875.07 | 12,933.33 |
| Camarilla | 12,787.31 | 12,795.54 | 12,803.77 | 12,812.00 | 12,820.23 | 12,828.46 | 12,836.70 |
| Woodie | 12,677.30 | 12,702.15 | 12,767.10 | 12,791.95 | 12,856.90 | 12,881.75 | 12,946.70 |
| Fibonacci | 12,695.47 | 12,729.77 | 12,750.96 | 12,785.27 | 12,819.57 | 12,840.76 | 12,875.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,299.47 | 12,521.33 | 12,661.77 | 12,883.63 | 13,024.07 | 13,245.93 | 13,386.37 |
| Camarilla | 12,702.57 | 12,735.78 | 12,768.99 | 12,802.20 | 12,835.41 | 12,868.62 | 12,901.83 |
| Woodie | 12,258.75 | 12,500.98 | 12,621.05 | 12,863.28 | 12,983.35 | 13,225.58 | 13,345.65 |
| Fibonacci | 12,521.33 | 12,659.73 | 12,745.24 | 12,883.63 | 13,022.03 | 13,107.53 | 13,245.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,729.40 | 11,973.70 | 12,429.60 | 12,673.90 | 13,129.80 | 13,374.10 | 13,830.00 |
| Camarilla | 12,692.95 | 12,757.13 | 12,821.32 | 12,885.50 | 12,949.69 | 13,013.87 | 13,078.06 |
| Woodie | 11,835.20 | 12,026.60 | 12,535.40 | 12,726.80 | 13,235.60 | 13,427.00 | 13,935.80 |
| Fibonacci | 11,973.70 | 12,241.18 | 12,406.42 | 12,673.90 | 12,941.38 | 13,106.62 | 13,374.10 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.07 | |
| MACD (12,26,9): | 21.1000 | |
| Directional Movement: | 1.13 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 12,919.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,932.78 | |
| Elder Ray (13): | 0.22 | |
| Super Trend (3,10): | 12,941.17 | |
| Zig ZAG (10): | 12,893.75 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 68.84 | |
| TEMA (21): | 12,935.71 | |
| Williams %R (14): | -32.96 | |
| Chande Momentum Oscillator (20): | -18.50 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.71 |
| MA7: | 12,883.37 | |
| MA20: | 12,822.67 | |
| MA50: | 12,471.63 | |
| MA100: | 11,983.48 | |
| MAexp7: | 12,909.98 | |
| MAexp20: | 12,890.84 | |
| MAexp50: | 12,872.80 | |
| MAexp100: | 12,879.97 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +0.71% | |
| Price / MA50: | +3.55% | |
| Price / MA100: | +7.77% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.26% |
Quotes :
2021-01-19 14:40:54
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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.
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