NASDAQ100 - MINI NASDAQ100 FULL0624 - Daily - Technical analysis published on 01/18/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 15,701.20 USD
My targets
15,153.00 USD (-1.56%)
14,462.20 USD (-6.05%)
My analysis
NASDAQ100 - MINI NASDAQ100 FULL0322 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 15,701.20 USD. The next support located at 15,153.00 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14,462.20 USD. Below this support, sellers could then target 13,766.40 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7
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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 FULL0322 rating is 15,393.00 USD. The price is lower by -1.30% since the last closing and was traded between 15,270.00 USD and 15,603.25 USD over the period. The price is currently at +0.81% from its lowest and -1.35% from its highest.15,270.00
15,603.25
15,393.00
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
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0322:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0322 in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Black evening star
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13,766.40 | 14,462.20 | 15,153.00 | 15,393.00 | 15,701.20 | 15,980.50 | 16,575.00 |
| Change (%) | -10.57% | -6.05% | -1.56% | - | +2.00% | +3.82% | +7.68% |
| Change | -1,626.60 | -930.80 | -240.00 | - | +308.20 | +587.50 | +1,182.00 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,371.58 | 15,439.42 | 15,517.58 | 15,585.42 | 15,663.58 | 15,731.42 | 15,809.58 |
| Camarilla | 15,555.60 | 15,568.98 | 15,582.37 | 15,595.75 | 15,609.13 | 15,622.52 | 15,635.90 |
| Woodie | 15,376.75 | 15,442.00 | 15,522.75 | 15,588.00 | 15,668.75 | 15,734.00 | 15,814.75 |
| Fibonacci | 15,439.42 | 15,495.19 | 15,529.65 | 15,585.42 | 15,641.19 | 15,675.65 | 15,731.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,305.77 | 14,729.13 | 15,162.47 | 15,585.83 | 16,019.17 | 16,442.53 | 16,875.87 |
| Camarilla | 15,360.21 | 15,438.74 | 15,517.27 | 15,595.80 | 15,674.33 | 15,752.86 | 15,831.39 |
| Woodie | 14,310.75 | 14,731.63 | 15,167.45 | 15,588.33 | 16,024.15 | 16,445.03 | 16,880.85 |
| Fibonacci | 14,729.13 | 15,056.39 | 15,258.57 | 15,585.83 | 15,913.09 | 16,115.27 | 16,442.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,487.87 | 14,989.93 | 15,655.37 | 16,157.43 | 16,822.87 | 17,324.93 | 17,990.37 |
| Camarilla | 15,999.74 | 16,106.76 | 16,213.78 | 16,320.80 | 16,427.82 | 16,534.84 | 16,641.86 |
| Woodie | 14,569.55 | 15,030.78 | 15,737.05 | 16,198.28 | 16,904.55 | 17,365.78 | 18,072.05 |
| Fibonacci | 14,989.93 | 15,435.92 | 15,711.45 | 16,157.43 | 16,603.42 | 16,878.95 | 17,324.93 |
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): | 38.59 | |
| MACD (12,26,9): | -158.9200 | |
| Directional Movement: | -18.36 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 15,684.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,990.34 | |
| Elder Ray (13): | -325.43 | |
| Super Trend (3,10): | 16,414.72 | |
| Zig ZAG (10): | 15,425.25 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 26.73 | |
| TEMA (21): | 15,512.14 | |
| Williams %R (14): | -80.32 | |
| Chande Momentum Oscillator (20): | -889.30 | |
| Repulse (5,40,3): | -0.7700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 8.72 |
| MA7: | 15,628.96 | |
| MA20: | 16,001.45 | |
| MA50: | 16,092.08 | |
| MA100: | 15,721.90 | |
| MAexp7: | 15,628.25 | |
| MAexp20: | 15,855.43 | |
| MAexp50: | 15,913.70 | |
| MAexp100: | 15,676.22 | |
| Price / MA7: | -1.51% | |
| Price / MA20: | -3.80% | |
| Price / MA50: | -4.34% | |
| Price / MA100: | -2.09% | |
| Price / MAexp7: | -1.51% | |
| Price / MAexp20: | -2.92% | |
| Price / MAexp50: | -3.27% | |
| Price / MAexp100: | -1.81% |
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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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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