NASDAQ100 INDEX - 1H - Technical analysis published on 09/11/2020 (GMT)
- Who voted?
- 177
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 11,276.00 USD
My targets
11,113.40 USD (-0.37%)
10,871.70 USD (-2.53%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 INDEX as long as the price remains well below 11,276.00 USD. The sellers” bearish objective is set at 11,113.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10,871.70 USD. In case of crossing, the next objective would be the support located at 9,718.73 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 INDEX rating 11,154.12 USD. The price is lower by -2.12% since the last closing with the lowest point at 11,095.94 USD and the highest point at 11,566.34 USD. The deviation from the price is +0.52% for the low point and -3.56% for the high point.11,095.94
11,566.34
11,154.12
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,718.73 | 10,871.70 | 11,113.40 | 11,154.12 | 11,276.00 | 11,732.60 | 12,048.00 |
| Change (%) | -12.87% | -2.53% | -0.37% | - | +1.09% | +5.19% | +8.01% |
| Change | -1,435.39 | -282.42 | -40.72 | - | +121.88 | +578.48 | +893.88 |
| Level | Major | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,951.95 | 11,074.54 | 11,235.20 | 11,357.78 | 11,518.43 | 11,641.02 | 11,801.68 |
| Camarilla | 11,317.96 | 11,343.92 | 11,369.88 | 11,395.85 | 11,421.81 | 11,447.77 | 11,473.74 |
| Woodie | 10,970.99 | 11,084.06 | 11,254.23 | 11,367.30 | 11,537.47 | 11,650.54 | 11,820.71 |
| Fibonacci | 11,074.54 | 11,182.74 | 11,249.59 | 11,357.78 | 11,465.98 | 11,532.83 | 11,641.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,738.76 | 10,442.38 | 11,032.25 | 11,735.87 | 12,325.74 | 13,029.36 | 13,619.23 |
| Camarilla | 11,266.42 | 11,384.99 | 11,503.56 | 11,622.13 | 11,740.70 | 11,859.27 | 11,977.84 |
| Woodie | 9,681.90 | 10,413.94 | 10,975.39 | 11,707.43 | 12,268.88 | 13,000.92 | 13,562.37 |
| Fibonacci | 10,442.38 | 10,936.49 | 11,241.75 | 11,735.87 | 12,229.98 | 12,535.24 | 13,029.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,942.29 | 10,398.67 | 11,254.69 | 11,711.07 | 12,567.09 | 13,023.47 | 13,879.48 |
| Camarilla | 11,749.79 | 11,870.09 | 11,990.39 | 12,110.70 | 12,231.00 | 12,351.30 | 12,471.61 |
| Woodie | 10,142.10 | 10,498.58 | 11,454.50 | 11,810.98 | 12,766.90 | 13,123.38 | 14,079.30 |
| Fibonacci | 10,398.67 | 10,900.01 | 11,209.74 | 11,711.07 | 12,212.41 | 12,522.14 | 13,023.47 |
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): | 36.00 | |
| MACD (12,26,9): | -96.6300 | |
| Directional Movement: | -17.84 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 11,243.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,566.34 | |
| Elder Ray (13): | -177.04 | |
| Super Trend (3,10): | 11,581.37 | |
| Zig ZAG (10): | 11,154.12 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 32.87 | |
| TEMA (21): | 11,262.82 | |
| Williams %R (14): | -87.63 | |
| Chande Momentum Oscillator (20): | -217.59 | |
| Repulse (5,40,3): | -1.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 1.18 |
| MA7: | 11,675.02 | |
| MA20: | 11,622.95 | |
| MA50: | 11,114.89 | |
| MA100: | 10,276.71 | |
| MAexp7: | 11,298.30 | |
| MAexp20: | 11,384.31 | |
| MAexp50: | 11,564.79 | |
| MAexp100: | 11,608.75 | |
| Price / MA7: | -4.46% | |
| Price / MA20: | -4.03% | |
| Price / MA50: | +0.35% | |
| Price / MA100: | +8.54% | |
| Price / MAexp7: | -1.28% | |
| Price / MAexp20: | -2.02% | |
| Price / MAexp50: | -3.55% | |
| Price / MAexp100: | -3.92% |
Quotes :
2020-09-10 19:59:59
-
15 min delayed data
-
NASDAQ US Indices
News
The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:
-
S&P 500 and NASDAQ 100 Forecast September 11, 2020
-
“Buzz on the Street” Show: AnPac Bio-Medical (NASDAQ: ANPC) Reports Six Month 2020 Financial Results
-
Forex News: 10/09/2020 - Nasdaq snaps losing streak; ECB to walk a fine line
-
S&P 500 and NASDAQ 100 Forecast September 10, 2020
-
“Buzz on the Street” Show: Color Star Technology (NASDAQ: HHT) Fearless, Color World Concert Lineup
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis NASDAQ100 INDEX - 1H