NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/09/2024 (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
78%
0%
22%
My opinion
Bullish above 18,167.08 USD
My targets
18,261.67 USD (+0.37%)
18,336.83 USD (+0.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 - MINI NASDAQ100 FULL0624 as long as the price remains well above 18,167.08 USD. The buyers' bullish objective is set at 18,261.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,336.83 USD. If there is any crossing, the next objective would be the resistance located at 18,431.42 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Tallal Khan. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 rating is 18,194.25 USD. The price registered an increase of +0.04% on the session and was traded between 18,103.75 USD and 18,237.25 USD over the period. The price is currently at +0.50% from its lowest and -0.24% from its highest.18,103.75
18,237.25
18,194.25
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 17,524.12 | 17,767.10 | 18,069.58 | 18,194.25 | 18,201.11 | 18,585.75 |
Change (%) | -3.68% | -2.35% | -0.69% | - | +0.04% | +2.15% |
Change | -670.13 | -427.15 | -124.67 | - | +6.86 | +391.50 |
Level | Minor | Major | Intermediate | - | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17,922.17 | 17,997.33 | 18,091.92 | 18,167.08 | 18,261.67 | 18,336.83 | 18,431.42 |
Camarilla | 18,139.82 | 18,155.38 | 18,170.94 | 18,186.50 | 18,202.06 | 18,217.62 | 18,233.18 |
Woodie | 17,931.88 | 18,002.19 | 18,101.63 | 18,171.94 | 18,271.38 | 18,341.69 | 18,441.13 |
Fibonacci | 17,997.33 | 18,062.18 | 18,102.24 | 18,167.08 | 18,231.93 | 18,271.99 | 18,336.83 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 64.63 | |
MACD (12,26,9): | 15.9800 | |
Directional Movement: | 10.84 | |
AROON (14): | 35.72 | |
DEMA (21): | 18,191.26 | |
Parabolic SAR (0,02-0,02-0,2): | 18,122.25 | |
Elder Ray (13): | 35.86 | |
Super Trend (3,10): | 18,221.21 | |
Zig ZAG (10): | 18,221.50 | |
VORTEX (21): | 1.1300 | |
Stochastique (14,3,5): | 93.50 | |
TEMA (21): | 18,207.49 | |
Williams %R (14): | -1.22 | |
Chande Momentum Oscillator (20): | 74.00 | |
Repulse (5,40,3): | 0.1700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.51 |
MA7: | 17,982.93 | |
MA20: | 17,785.99 | |
MA50: | 18,135.98 | |
MA100: | 17,879.08 | |
MAexp7: | 18,207.63 | |
MAexp20: | 18,174.75 | |
MAexp50: | 18,162.12 | |
MAexp100: | 18,162.98 | |
Price / MA7: | +1.18% | |
Price / MA20: | +2.30% | |
Price / MA50: | +0.32% | |
Price / MA100: | +1.76% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | +0.11% | |
Price / MAexp50: | +0.18% | |
Price / MAexp100: | +0.17% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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