NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 03/25/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Bullish above 18,502.50 USD
My targets
18,564.25 USD (+0.19%)
18,636.50 USD (+0.58%)
My analysis
The strong short-term increase in NASDAQ100 - MINI NASDAQ100 FULL0624 calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 18,502.50 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 18,564.25 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18,636.50 USD as an objective. Crossing it would then enable buyers to target 18,698.25 USD. Caution, a return under 18,502.50 USD could jeopardize the reversal.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2
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Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 rating is 18,529.50 USD. The price registered a decrease of -0.24% on the session and was between 18,414.75 USD and 18,601.25 USD. This implies that the price is at +0.62% from its lowest and at -0.39% from its highest.18,414.75
18,601.25
18,529.50
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 HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 15 minutes
The technical indicators are bullish. There is still some doubt about the price increase.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 18,285.86 | 18,380.97 | 18,506.75 | 18,529.50 | 18,581.35 | 18,709.00 |
| Change (%) | -1.31% | -0.80% | -0.12% | - | +0.28% | +0.97% |
| Change | -243.64 | -148.53 | -22.75 | - | +51.85 | +179.50 |
| Level | Intermediate | Intermediate | Minor | - | 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 | 18,368.50 | 18,430.25 | 18,502.50 | 18,564.25 | 18,636.50 | 18,698.25 | 18,770.50 |
| Camarilla | 18,537.90 | 18,550.18 | 18,562.47 | 18,574.75 | 18,587.03 | 18,599.32 | 18,611.60 |
| Woodie | 18,373.75 | 18,432.88 | 18,507.75 | 18,566.88 | 18,641.75 | 18,700.88 | 18,775.75 |
| Fibonacci | 18,430.25 | 18,481.44 | 18,513.06 | 18,564.25 | 18,615.44 | 18,647.06 | 18,698.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,526.58 | 17,789.92 | 18,182.33 | 18,445.67 | 18,838.08 | 19,101.42 | 19,493.83 |
| Camarilla | 18,394.42 | 18,454.53 | 18,514.64 | 18,574.75 | 18,634.86 | 18,694.97 | 18,755.08 |
| Woodie | 17,591.13 | 17,822.19 | 18,246.88 | 18,477.94 | 18,902.63 | 19,133.69 | 19,558.38 |
| Fibonacci | 17,789.92 | 18,040.41 | 18,195.17 | 18,445.67 | 18,696.16 | 18,850.92 | 19,101.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,930.58 | 17,275.42 | 17,930.58 | 18,275.42 | 18,930.58 | 19,275.42 | 19,930.58 |
| Camarilla | 18,310.75 | 18,402.42 | 18,494.08 | 18,585.75 | 18,677.42 | 18,769.08 | 18,860.75 |
| Woodie | 17,085.75 | 17,353.00 | 18,085.75 | 18,353.00 | 19,085.75 | 19,353.00 | 20,085.75 |
| Fibonacci | 17,275.42 | 17,657.42 | 17,893.42 | 18,275.42 | 18,657.42 | 18,893.42 | 19,275.42 |
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): | 57.77 | |
| MACD (12,26,9): | 6.1700 | |
| Directional Movement: | -3.73 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 18,518.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,491.64 | |
| Elder Ray (13): | 9.90 | |
| Super Trend (3,10): | 18,461.12 | |
| Zig ZAG (10): | 18,530.00 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 80.00 | |
| TEMA (21): | 18,534.68 | |
| Williams %R (14): | -18.92 | |
| Chande Momentum Oscillator (20): | 17.00 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.62 |
| MA7: | 18,386.68 | |
| MA20: | 18,359.22 | |
| MA50: | 18,074.17 | |
| MA100: | 17,367.15 | |
| MAexp7: | 18,527.04 | |
| MAexp20: | 18,515.05 | |
| MAexp50: | 18,521.57 | |
| MAexp100: | 18,537.80 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +0.93% | |
| Price / MA50: | +2.52% | |
| Price / MA100: | +6.69% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | -0.04% |
Quotes :
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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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