S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 02/27/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
67%
6%
28%
My opinion
Neutral between 5,068.33 USD and 5,100.08 USD
My targets
-
My analysis
There is no basic trend on S&P500 - MINI S&P500 FULL0324 and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 5,100.08 USD. The nearest support is located at 5,068.33 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0324 price is 5,083.75 USD. The price registered an increase of +0.07% on the session and was between 5,067.00 USD and 5,090.00 USD. This implies that the price is at +0.33% from its lowest and at -0.12% from its highest.5,067.00
5,090.00
5,083.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL0324:
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 S&P500 - MINI S&P500 FULL0324 indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
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
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,989.50 | 5,009.50 | 5,059.25 | 5,083.75 | 5,087.55 | 5,107.92 | 5,123.50 |
| Change (%) | -1.85% | -1.46% | -0.48% | - | +0.07% | +0.48% | +0.78% |
| Change | -94.25 | -74.25 | -24.50 | - | +3.80 | +24.17 | +39.75 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,036.58 | 5,056.42 | 5,068.33 | 5,088.17 | 5,100.08 | 5,119.92 | 5,131.83 |
| Camarilla | 5,071.52 | 5,074.43 | 5,077.34 | 5,080.25 | 5,083.16 | 5,086.07 | 5,088.98 |
| Woodie | 5,032.63 | 5,054.44 | 5,064.38 | 5,086.19 | 5,096.13 | 5,117.94 | 5,127.88 |
| Fibonacci | 5,056.42 | 5,068.55 | 5,076.04 | 5,088.17 | 5,100.30 | 5,107.79 | 5,119.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,834.67 | 4,896.83 | 4,999.17 | 5,061.33 | 5,163.67 | 5,225.83 | 5,328.17 |
| Camarilla | 5,056.26 | 5,071.34 | 5,086.42 | 5,101.50 | 5,116.58 | 5,131.66 | 5,146.74 |
| Woodie | 4,854.75 | 4,906.88 | 5,019.25 | 5,071.38 | 5,183.75 | 5,235.88 | 5,348.25 |
| Fibonacci | 4,896.83 | 4,959.67 | 4,998.49 | 5,061.33 | 5,124.17 | 5,162.99 | 5,225.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,504.00 | 4,603.00 | 4,765.75 | 4,864.75 | 5,027.50 | 5,126.50 | 5,289.25 |
| Camarilla | 4,856.52 | 4,880.51 | 4,904.51 | 4,928.50 | 4,952.49 | 4,976.49 | 5,000.48 |
| Woodie | 4,535.88 | 4,618.94 | 4,797.63 | 4,880.69 | 5,059.38 | 5,142.44 | 5,321.13 |
| Fibonacci | 4,603.00 | 4,702.99 | 4,764.76 | 4,864.75 | 4,964.74 | 5,026.51 | 5,126.50 |
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): | 54.90 | |
| MACD (12,26,9): | -1.1500 | |
| Directional Movement: | 0.16 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 5,075.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,067.72 | |
| Elder Ray (13): | 4.59 | |
| Super Trend (3,10): | 5,087.05 | |
| Zig ZAG (10): | 5,081.50 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 78.31 | |
| TEMA (21): | 5,075.67 | |
| Williams %R (14): | -5.80 | |
| Chande Momentum Oscillator (20): | 8.00 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 5,053.79 | |
| MA20: | 5,013.26 | |
| MA50: | 4,901.37 | |
| MA100: | 4,701.70 | |
| MAexp7: | 5,079.47 | |
| MAexp20: | 5,077.78 | |
| MAexp50: | 5,079.61 | |
| MAexp100: | 5,082.30 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +3.72% | |
| Price / MA100: | +8.13% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.03% |
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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