NASDAQ100 - MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 11/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 16,455.20 USD
My targets
16,274.00 USD (-0.29%)
16,002.60 USD (-1.95%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 - MINI NASDAQ100 FULL1221 as long as the price remains well below 16,455.20 USD. The sellers' bearish objective is set at 16,274.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16,002.60 USD. In case of crossing, the next objective would be the support located at 15,896.50 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL1221 rating is 16,321.25 USD. On the day, this instrument lost -0.37% and was traded between 16,287.25 USD and 16,414.50 USD over the period. The price is currently at +0.21% from its lowest and -0.57% from its highest.16,287.25
16,414.50
16,321.25
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
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
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL1221 in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced 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.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 15,896.50 | 16,002.60 | 16,274.00 | 16,321.25 | 16,455.20 | 16,630.30 | 16,767.50 |
Change (%) | -2.60% | -1.95% | -0.29% | - | +0.82% | +1.89% | +2.73% |
Change | -424.75 | -318.65 | -47.25 | - | +133.95 | +309.05 | +446.25 |
Level | Minor | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15,838.83 | 16,101.67 | 16,241.83 | 16,504.67 | 16,644.83 | 16,907.67 | 17,047.83 |
Camarilla | 16,271.18 | 16,308.12 | 16,345.06 | 16,382.00 | 16,418.94 | 16,455.88 | 16,492.83 |
Woodie | 15,777.50 | 16,071.00 | 16,180.50 | 16,474.00 | 16,583.50 | 16,877.00 | 16,986.50 |
Fibonacci | 16,101.67 | 16,255.61 | 16,350.72 | 16,504.67 | 16,658.61 | 16,753.72 | 16,907.67 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15,682.33 | 15,882.27 | 16,228.63 | 16,428.57 | 16,774.93 | 16,974.87 | 17,321.23 |
Camarilla | 16,424.77 | 16,474.85 | 16,524.92 | 16,575.00 | 16,625.08 | 16,675.16 | 16,725.23 |
Woodie | 15,755.55 | 15,918.88 | 16,301.85 | 16,465.18 | 16,848.15 | 17,011.48 | 17,394.45 |
Fibonacci | 15,882.27 | 16,090.95 | 16,219.88 | 16,428.57 | 16,637.25 | 16,766.18 | 16,974.87 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,322.73 | 13,845.27 | 14,869.73 | 15,392.27 | 16,416.73 | 16,939.27 | 17,963.73 |
Camarilla | 15,468.78 | 15,610.58 | 15,752.39 | 15,894.20 | 16,036.01 | 16,177.82 | 16,319.63 |
Woodie | 13,573.70 | 13,970.75 | 15,120.70 | 15,517.75 | 16,667.70 | 17,064.75 | 18,214.70 |
Fibonacci | 13,845.27 | 14,436.22 | 14,801.31 | 15,392.27 | 15,983.22 | 16,348.31 | 16,939.27 |
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): | 30.08 | |
MACD (12,26,9): | -69.6300 | |
Directional Movement: | -26.50 | |
AROON (14): | -100.00 | |
DEMA (21): | 16,352.95 | |
Parabolic SAR (0,02-0,02-0,2): | 16,539.32 | |
Elder Ray (13): | -78.02 | |
Super Trend (3,10): | 16,472.22 | |
Zig ZAG (10): | 16,303.75 | |
VORTEX (21): | 0.7400 | |
Stochastique (14,3,5): | 4.51 | |
TEMA (21): | 16,293.61 | |
Williams %R (14): | -95.11 | |
Chande Momentum Oscillator (20): | -211.70 | |
Repulse (5,40,3): | -0.3900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0500 | |
Courbe Coppock: | 3.19 |
MA7: | 16,365.61 | |
MA20: | 16,157.34 | |
MA50: | 15,503.13 | |
MA100: | 15,320.45 | |
MAexp7: | 16,354.55 | |
MAexp20: | 16,436.14 | |
MAexp50: | 16,485.52 | |
MAexp100: | 16,447.89 | |
Price / MA7: | -0.27% | |
Price / MA20: | +1.01% | |
Price / MA50: | +5.28% | |
Price / MA100: | +6.53% | |
Price / MAexp7: | -0.20% | |
Price / MAexp20: | -0.70% | |
Price / MAexp50: | -1.00% | |
Price / MAexp100: | -0.77% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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