NASDAQ100 - MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 04/14/2022 (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%
44%
39%
My opinion
Bearish under 14,278.30 USD
My targets
13,986.30 USD (-0.90%)
13,507.00 USD (-4.30%)
My analysis
NASDAQ100 - MINI NASDAQ100 FULL0622 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 14,278.30 USD. The next support located at 13,986.30 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 13,507.00 USD. Below this support, sellers could then target 13,044.00 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.2
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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 14,113.75 USD. The price registered a decrease of -0.76% on the session with the lowest point at 14,104.00 USD and the highest point at 14,296.25 USD. The deviation from the price is +0.07% for the low point and -1.28% for the high point.14,104.00
14,296.25
14,113.75
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of NASDAQ100 - MINI NASDAQ100 FULL0622 indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
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
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13,507.00 | 13,986.30 | 14,098.80 | 14,113.75 | 14,278.30 | 14,465.20 | 14,639.40 |
| Change (%) | -4.30% | -0.90% | -0.11% | - | +1.17% | +2.49% | +3.72% |
| Change | -606.75 | -127.45 | -14.95 | - | +164.55 | +351.45 | +525.65 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,660.67 | 13,790.83 | 14,006.17 | 14,136.33 | 14,351.67 | 14,481.83 | 14,697.17 |
| Camarilla | 14,126.49 | 14,158.16 | 14,189.83 | 14,221.50 | 14,253.17 | 14,284.84 | 14,316.51 |
| Woodie | 13,703.25 | 13,812.13 | 14,048.75 | 14,157.63 | 14,394.25 | 14,503.13 | 14,739.75 |
| Fibonacci | 13,790.83 | 13,922.81 | 14,004.35 | 14,136.33 | 14,268.31 | 14,349.85 | 14,481.83 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.24 | |
| MACD (12,26,9): | 20.9800 | |
| Directional Movement: | -6.03 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 14,234.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 14,267.65 | |
| Elder Ray (13): | -23.95 | |
| Super Trend (3,10): | 14,344.44 | |
| Zig ZAG (10): | 14,121.00 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 5.04 | |
| TEMA (21): | 14,222.07 | |
| Williams %R (14): | -99.48 | |
| Chande Momentum Oscillator (20): | -134.00 | |
| Repulse (5,40,3): | -1.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.12 |
| MA7: | 14,235.71 | |
| MA20: | 14,604.65 | |
| MA50: | 14,260.12 | |
| MA100: | 14,970.04 | |
| MAexp7: | 14,194.28 | |
| MAexp20: | 14,198.72 | |
| MAexp50: | 14,163.54 | |
| MAexp100: | 14,222.92 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | -3.36% | |
| Price / MA50: | -1.03% | |
| Price / MA100: | -5.72% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | -0.35% | |
| Price / MAexp100: | -0.77% |
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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