S&P500 - MINI S&P500 FULL0624 - 1H - Technical analysis published on 12/08/2023 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
28%
22%
50%
My opinion
Neutral between 4,572.70 USD and 4,596.97 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 4,596.97 USD. The first support is located at 4,572.70 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 palaki06. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL1223 rating is 4,582.75 USD. The price registered a decrease of -0.15% on the session with the lowest point at 4,561.75 USD and the highest point at 4,593.50 USD. The deviation from the price is +0.46% for the low point and -0.23% for the high point.4,561.75
4,593.50
4,582.75
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 (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 1H chart of S&P500 - MINI S&P500 FULL1223 indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,562.55 | 4,572.70 | 4,579.58 | 4,582.75 | 4,590.25 | 4,596.97 | 4,607.75 |
| Change (%) | -0.44% | -0.22% | -0.07% | - | +0.16% | +0.31% | +0.55% |
| Change | -20.20 | -10.05 | -3.17 | - | +7.50 | +14.22 | +25.00 |
| Level | Minor | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,512.92 | 4,530.83 | 4,560.17 | 4,578.08 | 4,607.42 | 4,625.33 | 4,654.67 |
| Camarilla | 4,576.51 | 4,580.84 | 4,585.17 | 4,589.50 | 4,593.83 | 4,598.16 | 4,602.49 |
| Woodie | 4,518.63 | 4,533.69 | 4,565.88 | 4,580.94 | 4,613.13 | 4,628.19 | 4,660.38 |
| Fibonacci | 4,530.83 | 4,548.88 | 4,560.03 | 4,578.08 | 4,596.13 | 4,607.28 | 4,625.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,498.08 | 4,521.42 | 4,561.08 | 4,584.42 | 4,624.08 | 4,647.42 | 4,687.08 |
| Camarilla | 4,583.43 | 4,589.20 | 4,594.98 | 4,600.75 | 4,606.53 | 4,612.30 | 4,618.08 |
| Woodie | 4,506.25 | 4,525.50 | 4,569.25 | 4,588.50 | 4,632.25 | 4,651.50 | 4,695.25 |
| Fibonacci | 4,521.42 | 4,545.48 | 4,560.35 | 4,584.42 | 4,608.48 | 4,623.35 | 4,647.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,019.75 | 4,138.75 | 4,369.75 | 4,488.75 | 4,719.75 | 4,838.75 | 5,069.75 |
| Camarilla | 4,504.50 | 4,536.58 | 4,568.67 | 4,600.75 | 4,632.83 | 4,664.92 | 4,697.00 |
| Woodie | 4,075.75 | 4,166.75 | 4,425.75 | 4,516.75 | 4,775.75 | 4,866.75 | 5,125.75 |
| Fibonacci | 4,138.75 | 4,272.45 | 4,355.05 | 4,488.75 | 4,622.45 | 4,705.05 | 4,838.75 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.76 | |
| MACD (12,26,9): | 3.5500 | |
| Directional Movement: | -18.50 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 4,589.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,592.50 | |
| Elder Ray (13): | -9.26 | |
| Super Trend (3,10): | 4,576.23 | |
| Zig ZAG (10): | 4,587.00 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 43.86 | |
| TEMA (21): | 4,589.92 | |
| Williams %R (14): | -22.05 | |
| Chande Momentum Oscillator (20): | 0.75 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.00 |
| MA7: | 4,580.04 | |
| MA20: | 4,553.41 | |
| MA50: | 4,410.93 | |
| MA100: | 4,460.90 | |
| MAexp7: | 4,586.22 | |
| MAexp20: | 4,584.22 | |
| MAexp50: | 4,578.85 | |
| MAexp100: | 4,576.21 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | +0.64% | |
| Price / MA50: | +3.90% | |
| Price / MA100: | +2.73% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.15% |
Quotes :
-
10 min delayed data
-
CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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