NASDAQ100 - MINI NASDAQ100 FULL0924 - 15 min. - Technical analysis published on 05/22/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 18,762.00 USD
My targets
18,846.00 USD (+0.21%)
18,892.75 USD (+0.46%)
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 18,762.00 USD. The buyers' bullish objective is set at 18,846.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,892.75 USD. If there is any crossing, the next objective would be the resistance located at 18,976.75 USD.
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
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0624 rating 18,807.00 USD. The price has increased by +0.04% since the last closing with the lowest point at 18,755.00 USD and the highest point at 18,824.00 USD. The deviation from the price is +0.28% for the low point and -0.09% for the high point.18,755.00
18,824.00
18,807.00
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
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0624:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
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
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
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
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 18,348.00 | 18,580.67 | 18,760.89 | 18,807.00 |
| Change (%) | -2.44% | -1.20% | -0.25% | - |
| Change | -459.00 | -226.33 | -46.11 | - |
| Level | Minor | Major | Intermediate | - |
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 | 18,584.50 | 18,631.25 | 18,715.25 | 18,762.00 | 18,846.00 | 18,892.75 | 18,976.75 |
| Camarilla | 18,763.29 | 18,775.28 | 18,787.27 | 18,799.25 | 18,811.24 | 18,823.22 | 18,835.21 |
| Woodie | 18,603.13 | 18,640.56 | 18,733.88 | 18,771.31 | 18,864.63 | 18,902.06 | 18,995.38 |
| Fibonacci | 18,631.25 | 18,681.20 | 18,712.05 | 18,762.00 | 18,811.95 | 18,842.80 | 18,892.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,685.00 | 17,925.25 | 18,280.25 | 18,520.50 | 18,875.50 | 19,115.75 | 19,470.75 |
| Camarilla | 18,471.56 | 18,526.12 | 18,580.69 | 18,635.25 | 18,689.82 | 18,744.38 | 18,798.94 |
| Woodie | 17,742.38 | 17,953.94 | 18,337.63 | 18,549.19 | 18,932.88 | 19,144.44 | 19,528.13 |
| Fibonacci | 17,925.25 | 18,152.64 | 18,293.12 | 18,520.50 | 18,747.89 | 18,888.37 | 19,115.75 |
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): | 55.00 | |
| MACD (12,26,9): | -0.7000 | |
| Directional Movement: | -2.75 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 18,791.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,762.45 | |
| Elder Ray (13): | 7.78 | |
| Super Trend (3,10): | 18,765.59 | |
| Zig ZAG (10): | 18,804.00 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 76.25 | |
| TEMA (21): | 18,792.95 | |
| Williams %R (14): | -15.04 | |
| Chande Momentum Oscillator (20): | 23.50 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.13 |
| MA7: | 18,678.96 | |
| MA20: | 18,203.72 | |
| MA50: | 18,173.03 | |
| MA100: | 18,002.10 | |
| MAexp7: | 18,799.02 | |
| MAexp20: | 18,793.17 | |
| MAexp50: | 18,794.32 | |
| MAexp100: | 18,784.11 | |
| Price / MA7: | +0.69% | |
| Price / MA20: | +3.31% | |
| Price / MA50: | +3.49% | |
| Price / MA100: | +4.47% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.12% |
Quotes :
-
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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