S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 04/25/2024 (GMT)
- 67
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 5,046.33 USD and 5,102.83 USD
My targets
-
My analysis
The short-term increase on S&P500 - MINI S&P500 FULL0624 remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 5,102.83 USD. The first support is located at 5,046.33 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.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0624 rating is 5,082.00 USD. The price registered a decrease of -0.50% on the session with the lowest point at 5,022.25 USD and the highest point at 5,086.50 USD. The deviation from the price is +1.19% for the low point and -0.09% for the high point.5,022.25
5,086.50
5,082.00
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this S&P500 - MINI S&P500 FULL0624 chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 5,006.00 | 5,047.75 | 5,073.75 | 5,082.00 | 5,124.25 | 5,150.00 | 5,198.69 |
| Change (%) | -1.50% | -0.67% | -0.16% | - | +0.83% | +1.34% | +2.30% |
| Change | -76.00 | -34.25 | -8.25 | - | +42.25 | +68.00 | +116.69 |
| Level | Intermediate | Minor | Major | - | 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 | 5,020.42 | 5,046.33 | 5,076.92 | 5,102.83 | 5,133.42 | 5,159.33 | 5,189.92 |
| Camarilla | 5,091.96 | 5,097.14 | 5,102.32 | 5,107.50 | 5,112.68 | 5,117.86 | 5,123.04 |
| Woodie | 5,022.75 | 5,047.50 | 5,079.25 | 5,104.00 | 5,135.75 | 5,160.50 | 5,192.25 |
| Fibonacci | 5,046.33 | 5,067.92 | 5,081.25 | 5,102.83 | 5,124.42 | 5,137.75 | 5,159.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,657.33 | 4,810.42 | 4,907.08 | 5,060.17 | 5,156.83 | 5,309.92 | 5,406.58 |
| Camarilla | 4,935.07 | 4,957.96 | 4,980.86 | 5,003.75 | 5,026.64 | 5,049.54 | 5,072.43 |
| Woodie | 4,629.13 | 4,796.31 | 4,878.88 | 5,046.06 | 5,128.63 | 5,295.81 | 5,378.38 |
| Fibonacci | 4,810.42 | 4,905.82 | 4,964.76 | 5,060.17 | 5,155.57 | 5,214.51 | 5,309.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,964.25 | 5,045.75 | 5,170.50 | 5,252.00 | 5,376.75 | 5,458.25 | 5,583.00 |
| Camarilla | 5,238.53 | 5,257.44 | 5,276.34 | 5,295.25 | 5,314.16 | 5,333.06 | 5,351.97 |
| Woodie | 4,985.88 | 5,056.56 | 5,192.13 | 5,262.81 | 5,398.38 | 5,469.06 | 5,604.63 |
| Fibonacci | 5,045.75 | 5,124.54 | 5,173.21 | 5,252.00 | 5,330.79 | 5,379.46 | 5,458.25 |
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): | 53.55 | |
| MACD (12,26,9): | -0.4600 | |
| Directional Movement: | 2.86 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 5,051.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,035.79 | |
| Elder Ray (13): | 6.53 | |
| Super Trend (3,10): | 5,037.68 | |
| Zig ZAG (10): | 5,061.50 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 87.18 | |
| TEMA (21): | 5,057.64 | |
| Williams %R (14): | -15.70 | |
| Chande Momentum Oscillator (20): | 28.75 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.86 |
| MA7: | 5,065.82 | |
| MA20: | 5,168.40 | |
| MA50: | 5,182.31 | |
| MA100: | 5,041.73 | |
| MAexp7: | 5,061.45 | |
| MAexp20: | 5,054.78 | |
| MAexp50: | 5,061.48 | |
| MAexp100: | 5,070.99 | |
| Price / MA7: | +0.32% | |
| Price / MA20: | -1.67% | |
| Price / MA50: | -1.94% | |
| Price / MA100: | +0.80% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +0.22% |
Quotes :
-
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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