NASDAQ FINANCIAL 100 INDEX
IXF
4,163.90 USD (-2.39%)
15 min delayed data - NASDAQ US Indices
Open: 4,265.13
Change: -101.75
Volume: 0
Low: 4,163.07
High: 4,294.88
High / Low range: 131.81
Type: Indices
Ticker: IXF
ISIN:

NASDAQ FINANCIAL 100 INDEX - Daily - Technical analysis published on 12/13/2019

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  • Timeframe : Daily
  • - Analysis generated on 2019-12-13 15:27:47
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 4,963.91 USD
My targets
5,168.62 USD (+1.51%)
5,267.79 USD (+3.46%)
My analysis
NASDAQ FINANCIAL 100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4,963.91 USD. The next resistance located at 5,168.62 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5,267.79 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.9

Complete this analysis for another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The NASDAQ FINANCIAL 100 INDEX rating is 5,091.57 USD. On the day, this instrument gained +0.14% and was between 5,064.35 USD and 5,094.56 USD. This implies that the price is at +0.54% from its lowest and at -0.06% from its highest.

5,064.35
5,094.56
5,091.57

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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



Technical


A technical analysis in Daily of this NASDAQ FINANCIAL 100 INDEX chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 4,660.63 4,893.17 4,963.91 5,091.57
Change (%) -8.46% -3.90% -2.51% -
Change -430.94 -198.40 -127.66 -
Level Major Intermediate Major -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,985.705,012.355,048.315,074.965,110.925,137.585,173.53
Camarilla5,067.055,072.795,078.535,084.265,090.005,095.745,101.48
Woodie4,990.355,014.685,052.965,077.295,115.575,139.905,178.18
Fibonacci5,012.355,036.275,051.055,074.965,098.885,113.665,137.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,835.534,887.474,968.895,020.835,102.255,154.205,235.62
Camarilla5,013.645,025.865,038.095,050.315,062.545,074.765,086.99
Woodie4,850.274,894.844,983.635,028.205,116.995,161.575,250.36
Fibonacci4,887.474,938.424,969.895,020.835,071.785,103.255,154.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,782.824,845.314,944.485,006.965,106.145,168.625,267.79
Camarilla4,999.205,014.025,028.835,043.655,058.475,073.295,088.11
Woodie4,801.174,854.484,962.825,016.145,124.485,177.795,286.14
Fibonacci4,845.314,907.064,945.215,006.965,068.725,106.875,168.62

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): 63.78
MACD (12,26,9): 32.7100
Directional Movement: 17.94
AROON (14): 50.00
DEMA (21): 5,063.34
Parabolic SAR (0,02-0,02-0,2): 4,955.84
Elder Ray (13): 34.03
Super Trend (3,10): 4,962.86
Zig ZAG (10): 5,073.97
VORTEX (21): 1.1500
Stochastique (14,3,5): 81.88
TEMA (21): 5,067.64
Williams %R (14): -17.05
Chande Momentum Oscillator (20): 31.72
Repulse (5,40,3): 0.5200
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 1.87
MA7: 5,050.36
MA20: 5,022.74
MA50: 4,935.33
MA100: 4,882.66
MAexp7: 5,052.92
MAexp20: 5,021.28
MAexp50: 4,961.29
MAexp100: 4,893.93
Price / MA7: +0.82%
Price / MA20: +1.37%
Price / MA50: +3.17%
Price / MA100: +4.28%
Price / MAexp7: +0.76%
Price / MAexp20: +1.40%
Price / MAexp50: +2.63%
Price / MAexp100: +4.04%

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

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