NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 04/26/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 17,567.75 USD
My targets
18,087.00 USD (+1.55%)
18,346.50 USD (+3.01%)
My analysis
The bullish trend is currently very strong on NASDAQ100 - MINI NASDAQ100 FULL0624. As long as the price remains above the support at 17,567.75 USD, you could try to benefit from the boom. The first bullish objective is located at 18,087.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18,346.50 USD as an objective. Crossing it would then enable buyers to target 18,350.75 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 rating is 17,810.25 USD. On the day, this instrument gained +1.38% and was traded between 17,668.25 USD and 17,840.50 USD over the period. The price is currently at +0.80% from its lowest and -0.17% from its highest.17,668.25
17,840.50
17,810.25
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NASDAQ100 - MINI NASDAQ100 FULL0624 chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 17,307.94 | 17,444.50 | 17,767.10 | 17,810.25 | 18,064.75 | 18,350.75 | 18,585.75 |
| Change (%) | -2.82% | -2.05% | -0.24% | - | +1.43% | +3.03% | +4.35% |
| Change | -502.31 | -365.75 | -43.15 | - | +254.50 | +540.50 | +775.50 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,788.75 | 17,048.50 | 17,308.00 | 17,567.75 | 17,827.25 | 18,087.00 | 18,346.50 |
| Camarilla | 17,424.71 | 17,472.30 | 17,519.90 | 17,567.50 | 17,615.10 | 17,662.70 | 17,710.29 |
| Woodie | 16,788.63 | 17,048.44 | 17,307.88 | 17,567.69 | 17,827.13 | 18,086.94 | 18,346.38 |
| Fibonacci | 17,048.50 | 17,246.85 | 17,369.40 | 17,567.75 | 17,766.10 | 17,888.65 | 18,087.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,508.25 | 16,310.75 | 16,745.75 | 17,548.25 | 17,983.25 | 18,785.75 | 19,220.75 |
| Camarilla | 16,840.44 | 16,953.88 | 17,067.31 | 17,180.75 | 17,294.19 | 17,407.63 | 17,521.06 |
| Woodie | 15,324.50 | 16,218.88 | 16,562.00 | 17,456.38 | 17,799.50 | 18,693.88 | 19,037.00 |
| Fibonacci | 16,310.75 | 16,783.48 | 17,075.53 | 17,548.25 | 18,020.98 | 18,313.03 | 18,785.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,396.58 | 17,701.42 | 18,099.33 | 18,404.17 | 18,802.08 | 19,106.92 | 19,504.83 |
| Camarilla | 18,303.99 | 18,368.41 | 18,432.83 | 18,497.25 | 18,561.67 | 18,626.09 | 18,690.51 |
| Woodie | 17,443.13 | 17,724.69 | 18,145.88 | 18,427.44 | 18,848.63 | 19,130.19 | 19,551.38 |
| Fibonacci | 17,701.42 | 17,969.87 | 18,135.72 | 18,404.17 | 18,672.62 | 18,838.47 | 19,106.92 |
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): | 65.75 | |
| MACD (12,26,9): | 10.5700 | |
| Directional Movement: | 15.10 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 17,765.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,675.01 | |
| Elder Ray (13): | 63.01 | |
| Super Trend (3,10): | 17,686.56 | |
| Zig ZAG (10): | 17,822.50 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 85.10 | |
| TEMA (21): | 17,770.80 | |
| Williams %R (14): | -17.85 | |
| Chande Momentum Oscillator (20): | 56.25 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.35 |
| MA7: | 17,529.50 | |
| MA20: | 17,962.42 | |
| MA50: | 18,165.44 | |
| MA100: | 17,776.49 | |
| MAexp7: | 17,775.77 | |
| MAexp20: | 17,756.07 | |
| MAexp50: | 17,739.14 | |
| MAexp100: | 17,698.07 | |
| Price / MA7: | +1.60% | |
| Price / MA20: | -0.85% | |
| Price / MA50: | -1.96% | |
| Price / MA100: | +0.19% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +0.39% | |
| Price / MAexp100: | +0.63% |
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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