NASDAQ100 - MINI NASDAQ100 FULL0624 - Daily - Technical analysis published on 04/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 14,465.20 USD
My targets
13,507.00 USD (-5.01%)
13,044.00 USD (-8.27%)
My analysis
The bearish basic trend is very strong on NASDAQ100 - MINI NASDAQ100 FULL0622 but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 14,465.20 USD. Crossing the first support at 13,507.00 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 13,044.00 USD as an objective. Crossing it would then enable sellers to target 12,275.70 USD. Caution, a return to above the resistance located at 14,465.20 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
6.3
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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 FULL0622 rating is 14,219.25 USD. On the day, this instrument lost -0.75% and was between 14,155.75 USD and 14,382.00 USD. This implies that the price is at +0.45% from its lowest and at -1.13% from its highest.14,155.75
14,382.00
14,219.25
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0622:
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0622 in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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 | 12,275.70 | 13,044.00 | 13,507.00 | 14,219.25 | 14,465.20 | 15,142.50 | 15,695.70 |
Change (%) | -13.67% | -8.27% | -5.01% | - | +1.73% | +6.49% | +10.38% |
Change | -1,943.55 | -1,175.25 | -712.25 | - | +245.95 | +923.25 | +1,476.45 |
Level | Intermediate | Major | Minor | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,879.17 | 14,094.83 | 14,210.92 | 14,426.58 | 14,542.67 | 14,758.33 | 14,874.42 |
Camarilla | 14,235.77 | 14,266.18 | 14,296.59 | 14,327.00 | 14,357.41 | 14,387.82 | 14,418.23 |
Woodie | 13,829.38 | 14,069.94 | 14,161.13 | 14,401.69 | 14,492.88 | 14,733.44 | 14,824.63 |
Fibonacci | 14,094.83 | 14,221.56 | 14,299.86 | 14,426.58 | 14,553.31 | 14,631.61 | 14,758.33 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,138.17 | 13,724.33 | 14,025.67 | 14,611.83 | 14,913.17 | 15,499.33 | 15,800.67 |
Camarilla | 14,082.94 | 14,164.29 | 14,245.65 | 14,327.00 | 14,408.35 | 14,489.71 | 14,571.06 |
Woodie | 12,995.75 | 13,653.13 | 13,883.25 | 14,540.63 | 14,770.75 | 15,428.13 | 15,658.25 |
Fibonacci | 13,724.33 | 14,063.36 | 14,272.81 | 14,611.83 | 14,950.86 | 15,160.31 | 15,499.33 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11,121.63 | 12,032.07 | 13,447.93 | 14,358.37 | 15,774.23 | 16,684.67 | 18,100.53 |
Camarilla | 14,224.07 | 14,437.31 | 14,650.56 | 14,863.80 | 15,077.04 | 15,290.29 | 15,503.53 |
Woodie | 11,374.35 | 12,158.43 | 13,700.65 | 14,484.73 | 16,026.95 | 16,811.03 | 18,353.25 |
Fibonacci | 12,032.07 | 12,920.71 | 13,469.72 | 14,358.37 | 15,247.01 | 15,796.02 | 16,684.67 |
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): | 45.29 | |
MACD (12,26,9): | 89.1500 | |
Directional Movement: | -3.80 | |
AROON (14): | -64.29 | |
DEMA (21): | 14,651.76 | |
Parabolic SAR (0,02-0,02-0,2): | 15,159.74 | |
Elder Ray (13): | -301.93 | |
Super Trend (3,10): | 13,991.25 | |
Zig ZAG (10): | 14,216.75 | |
VORTEX (21): | 1.1200 | |
Stochastique (14,3,5): | 13.91 | |
TEMA (21): | 14,753.18 | |
Williams %R (14): | -94.16 | |
Chande Momentum Oscillator (20): | -543.30 | |
Repulse (5,40,3): | -3.3500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.1800 | |
Courbe Coppock: | 5.13 |
MA7: | 14,635.46 | |
MA20: | 14,576.31 | |
MA50: | 14,310.70 | |
MA100: | 15,039.99 | |
MAexp7: | 14,531.61 | |
MAexp20: | 14,520.44 | |
MAexp50: | 14,526.84 | |
MAexp100: | 14,748.28 | |
Price / MA7: | -2.84% | |
Price / MA20: | -2.45% | |
Price / MA50: | -0.64% | |
Price / MA100: | -5.46% | |
Price / MAexp7: | -2.15% | |
Price / MAexp20: | -2.07% | |
Price / MAexp50: | -2.12% | |
Price / MAexp100: | -3.59% |
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.
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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