NASDAQ100 - MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 05/26/2022 (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 bullish
Underlying:
Slightly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 11,704.00 USD
My targets
12,074.30 USD (+1.49%)
12,190.20 USD (+2.47%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NASDAQ100 - MINI NASDAQ100 FULL0622 as long as the price remains well above 11,704.00 USD. The buyers' bullish objective is set at 12,074.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12,190.20 USD. If there is any crossing, the next objective would be the resistance located at 12,275.70 USD.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.3
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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 11,896.75 USD. On the day, this instrument lost -0.38% with the lowest point at 11,848.25 USD and the highest point at 11,994.25 USD. The deviation from the price is +0.41% for the low point and -0.81% for the high point.11,848.25
11,994.25
11,896.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
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 FULL0622 in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,576.20 | 11,704.00 | 11,892.50 | 11,896.75 | 12,074.30 | 12,190.20 | 12,275.70 |
| Change (%) | -2.69% | -1.62% | -0.04% | - | +1.49% | +2.47% | +3.19% |
| Change | -320.55 | -192.75 | -4.25 | - | +177.55 | +293.45 | +378.95 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Major |
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 | 11,366.83 | 11,519.42 | 11,730.83 | 11,883.42 | 12,094.83 | 12,247.42 | 12,458.83 |
| Camarilla | 11,842.15 | 11,875.52 | 11,908.88 | 11,942.25 | 11,975.62 | 12,008.98 | 12,042.35 |
| Woodie | 11,396.25 | 11,534.13 | 11,760.25 | 11,898.13 | 12,124.25 | 12,262.13 | 12,488.25 |
| Fibonacci | 11,519.42 | 11,658.47 | 11,744.37 | 11,883.42 | 12,022.47 | 12,108.37 | 12,247.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,253.87 | 10,872.53 | 11,356.67 | 11,975.33 | 12,459.47 | 13,078.13 | 13,562.27 |
| Camarilla | 11,537.53 | 11,638.62 | 11,739.71 | 11,840.80 | 11,941.89 | 12,042.98 | 12,144.07 |
| Woodie | 10,186.60 | 10,838.90 | 11,289.40 | 11,941.70 | 12,392.20 | 13,044.50 | 13,495.00 |
| Fibonacci | 10,872.53 | 11,293.80 | 11,554.06 | 11,975.33 | 12,396.60 | 12,656.86 | 13,078.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,639.83 | 11,220.67 | 12,036.33 | 13,617.17 | 14,432.83 | 16,013.67 | 16,829.33 |
| Camarilla | 12,192.96 | 12,412.64 | 12,632.32 | 12,852.00 | 13,071.68 | 13,291.36 | 13,511.04 |
| Woodie | 9,257.25 | 11,029.38 | 11,653.75 | 13,425.88 | 14,050.25 | 15,822.38 | 16,446.75 |
| Fibonacci | 11,220.67 | 12,136.13 | 12,701.70 | 13,617.17 | 14,532.63 | 15,098.20 | 16,013.67 |
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): | 51.24 | |
| MACD (12,26,9): | 18.0500 | |
| Directional Movement: | 2.15 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 11,902.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,036.00 | |
| Elder Ray (13): | -19.55 | |
| Super Trend (3,10): | 11,680.15 | |
| Zig ZAG (10): | 11,884.75 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 39.52 | |
| TEMA (21): | 11,914.28 | |
| Williams %R (14): | -58.29 | |
| Chande Momentum Oscillator (20): | 35.25 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.26 |
| MA7: | 11,899.53 | |
| MA20: | 12,351.26 | |
| MA50: | 13,504.26 | |
| MA100: | 13,975.56 | |
| MAexp7: | 11,891.30 | |
| MAexp20: | 11,878.05 | |
| MAexp50: | 11,864.65 | |
| MAexp100: | 11,899.79 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -3.68% | |
| Price / MA50: | -11.90% | |
| Price / MA100: | -14.87% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | -0.03% |
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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