NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/07/2024 (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
67%
6%
28%
My opinion
Bullish above 18,126.83 USD
My targets
18,269.92 USD (+0.43%)
18,344.33 USD (+0.84%)
My analysis
The bullish trend is currently very strong on NASDAQ100 - MINI NASDAQ100 FULL0624. As long as the price remains above the support at 18,126.83 USD, you could try to benefit from the boom. The first bullish objective is located at 18,269.92 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18,344.33 USD as an objective. Crossing it would then enable buyers to target 18,487.42 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
7.7
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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 18,191.25 USD. On the day, this instrument lost -0.02% with the lowest point at 18,151.00 USD and the highest point at 18,199.00 USD. The deviation from the price is +0.22% for the low point and -0.04% for the high point.18,151.00
18,199.00
18,191.25
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows a strongly overall 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 17,527.12 | 17,767.10 | 18,063.75 | 18,191.25 | 18,585.75 |
| Change (%) | -3.65% | -2.33% | -0.70% | - | +2.17% |
| Change | -664.13 | -424.15 | -127.50 | - | +394.50 |
| Level | Minor | Major | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,834.92 | 17,909.33 | 18,052.42 | 18,126.83 | 18,269.92 | 18,344.33 | 18,487.42 |
| Camarilla | 18,135.69 | 18,155.63 | 18,175.56 | 18,195.50 | 18,215.44 | 18,235.38 | 18,255.31 |
| Woodie | 17,869.25 | 17,926.50 | 18,086.75 | 18,144.00 | 18,304.25 | 18,361.50 | 18,521.75 |
| Fibonacci | 17,909.33 | 17,992.42 | 18,043.75 | 18,126.83 | 18,209.92 | 18,261.25 | 18,344.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,910.58 | 17,148.42 | 17,574.58 | 17,812.42 | 18,238.58 | 18,476.42 | 18,902.58 |
| Camarilla | 17,818.15 | 17,879.02 | 17,939.88 | 18,000.75 | 18,061.62 | 18,122.48 | 18,183.35 |
| Woodie | 17,004.75 | 17,195.50 | 17,668.75 | 17,859.50 | 18,332.75 | 18,523.50 | 18,996.75 |
| Fibonacci | 17,148.42 | 17,402.07 | 17,558.77 | 17,812.42 | 18,066.07 | 18,222.77 | 18,476.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,390.25 | 16,251.75 | 16,845.00 | 17,706.50 | 18,299.75 | 19,161.25 | 19,754.50 |
| Camarilla | 17,038.19 | 17,171.55 | 17,304.90 | 17,438.25 | 17,571.60 | 17,704.95 | 17,838.31 |
| Woodie | 15,256.13 | 16,184.69 | 16,710.88 | 17,639.44 | 18,165.63 | 19,094.19 | 19,620.38 |
| Fibonacci | 16,251.75 | 16,807.47 | 17,150.79 | 17,706.50 | 18,262.22 | 18,605.54 | 19,161.25 |
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): | 56.39 | |
| MACD (12,26,9): | -1.2400 | |
| Directional Movement: | 4.07 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 18,171.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,151.00 | |
| Elder Ray (13): | 11.81 | |
| Super Trend (3,10): | 18,196.43 | |
| Zig ZAG (10): | 18,186.25 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 60.74 | |
| TEMA (21): | 18,170.51 | |
| Williams %R (14): | -3.18 | |
| Chande Momentum Oscillator (20): | 14.75 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.09 |
| MA7: | 17,850.07 | |
| MA20: | 17,799.29 | |
| MA50: | 18,136.30 | |
| MA100: | 17,857.47 | |
| MAexp7: | 18,174.87 | |
| MAexp20: | 18,173.63 | |
| MAexp50: | 18,169.84 | |
| MAexp100: | 18,137.25 | |
| Price / MA7: | +1.91% | |
| Price / MA20: | +2.20% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | +1.87% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.30% |
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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