NASDAQ100 - MINI NASDAQ100 FULL0624
NASDAQ100 - MINI NASDAQ100 FULL0624
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: NQXXXX
ISIN: NQXXXX

NASDAQ100 - MINI NASDAQ100 FULL0624 - Daily - Technical analysis published on 07/27/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 14,896.80 USD
My targets
15,349.63 USD (+1.94%)
16,093.07 USD (+6.88%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 - MINI NASDAQ100 FULL0921 as long as the price remains well above 14,896.80 USD. The buyers' bullish objective is set at 15,349.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16,093.07 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.7

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 Clay707. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

NASDAQ100 - MINI NASDAQ100 FULL0921 rating 15,057.50 USD. The price is lower by -0.40% since the last closing and was traded between 15,056.25 USD and 15,126.00 USD over the period. The price is currently at +0.01% from its lowest and -0.45% from its highest.

15,056.25
15,126.00
15,057.50

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

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:
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 (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NASDAQ100 - MINI NASDAQ100 FULL0921 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


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.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 12,998.50 14,029.50 14,896.80 15,057.50
Change (%) -13.67% -6.83% -1.07% -
Change -2,059.00 -1,028.00 -160.70 -
Level Intermediate Major 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
Standard14,964.5315,001.6715,059.7315,096.8715,154.9315,192.0715,250.13
Camarilla15,091.6215,100.3515,109.0715,117.8015,126.5315,135.2515,143.98
Woodie14,975.0015,006.9015,070.2015,102.1015,165.4015,197.3015,260.60
Fibonacci15,001.6715,038.0315,060.5015,096.8715,133.2315,155.7015,192.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,979.5314,212.2714,651.7314,884.4715,323.9315,556.6715,996.13
Camarilla14,906.3514,967.9615,029.5815,091.2015,152.8215,214.4415,276.06
Woodie14,082.9014,263.9514,755.1014,936.1515,427.3015,608.3516,099.50
Fibonacci14,212.2714,469.0514,627.6914,884.4715,141.2515,299.8915,556.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,661.0713,061.6313,805.0714,205.6314,949.0715,349.6316,093.07
Camarilla14,233.9014,338.7714,443.6314,548.5014,653.3714,758.2314,863.10
Woodie12,832.5013,147.3513,976.5014,291.3515,120.5015,435.3516,264.50
Fibonacci13,061.6313,498.6413,768.6314,205.6314,642.6414,912.6315,349.63

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): 68.49
MACD (12,26,9): 209.4600
Directional Movement: 12.51
AROON (14): 35.72
DEMA (21): 15,054.88
Parabolic SAR (0,02-0,02-0,2): 14,521.32
Elder Ray (13): 216.31
Super Trend (3,10): 14,591.06
Zig ZAG (10): 15,059.50
VORTEX (21): 1.2100
Stochastique (14,3,5): 94.44
TEMA (21): 15,073.57
Williams %R (14): -8.02
Chande Momentum Oscillator (20): 265.30
Repulse (5,40,3): 0.9600
ROCnROLL: 1
TRIX (15,9): 0.2100
Courbe Coppock: 3.18
MA7: 14,917.14
MA20: 14,805.01
MA50: 14,258.80
MA100: 13,846.10
MAexp7: 14,973.23
MAexp20: 14,770.16
MAexp50: 14,383.79
MAexp100: 13,957.72
Price / MA7: +0.94%
Price / MA20: +1.71%
Price / MA50: +5.60%
Price / MA100: +8.75%
Price / MAexp7: +0.56%
Price / MAexp20: +1.95%
Price / MAexp50: +4.68%
Price / MAexp100: +7.88%

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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