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 : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 18,715.25 USD
My targets
18,846.00 USD (+0.39%)
18,892.75 USD (+0.64%)
My analysis
With a bullish background trend, the price of NASDAQ100 - MINI NASDAQ100 FULL0624 is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 18,715.25 USD. A bullish break in the resistance located at 18,846.00 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 18,892.75 USD. Then 18,976.75 USD by extension. It would be safer to wait for a bullish break in the resistance located at 18,846.00 USD before allowing yourself to re trade long positions (at purchase) on NASDAQ100 - MINI NASDAQ100 FULL0624. PS: if there is a bearish break in the support located at 18,715.25 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.6
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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 price is 18,772.75 USD. The price registered a decrease of -0.14% on the session and was between 18,748.00 USD and 18,838.75 USD. This implies that the price is at +0.13% from its lowest and at -0.35% from its highest.18,748.00
18,838.75
18,772.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 15 min. of this NASDAQ100 - MINI NASDAQ100 FULL0624 chart shows a bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
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
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 18,348.00 | 18,580.67 | 18,760.89 | 18,772.75 |
| Change (%) | -2.26% | -1.02% | -0.06% | - |
| Change | -424.75 | -192.08 | -11.86 | - |
| 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): | 54.02 | |
| MACD (12,26,9): | 4.8100 | |
| Directional Movement: | -8.06 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 18,822.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,832.19 | |
| Elder Ray (13): | 2.59 | |
| Super Trend (3,10): | 18,780.07 | |
| Zig ZAG (10): | 18,818.00 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 47.65 | |
| TEMA (21): | 18,822.80 | |
| Williams %R (14): | -45.60 | |
| Chande Momentum Oscillator (20): | 9.50 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 18,674.86 | |
| MA20: | 18,202.99 | |
| MA50: | 18,172.69 | |
| MA100: | 18,001.93 | |
| MAexp7: | 18,815.70 | |
| MAexp20: | 18,814.79 | |
| MAexp50: | 18,807.09 | |
| MAexp100: | 18,794.74 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | +3.13% | |
| Price / MA50: | +3.30% | |
| Price / MA100: | +4.28% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.18% | |
| 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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