NASDAQ100 INDEX - 1H - Technical analysis published on 09/17/2020 (GMT)
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- 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
28%
33%
39%
My opinion
Bearish under 11,454.08 USD
My targets
11,068.30 USD (-1.59%)
10,944.90 USD (-2.69%)
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 11,454.08 USD. The sellers” bearish objective is set at 11,068.30 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10,944.90 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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 RudeWorld. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX rating is 11,247.60 USD. The price is lower by -1.67% since the last closing with the lowest point at 11,242.96 USD and the highest point at 11,486.09 USD. The deviation from the price is +0.04% for the low point and -2.08% for the high point.11,242.96
11,486.09
11,247.60
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
Technical analysis of NASDAQ100 INDEX in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
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
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,718.73 | 10,944.90 | 11,068.30 | 11,247.60 | 11,271.20 | 11,732.60 | 12,048.00 |
| Change (%) | -13.59% | -2.69% | -1.59% | - | +0.21% | +4.31% | +7.12% |
| Change | -1,528.87 | -302.70 | -179.30 | - | +23.60 | +485.00 | +800.40 |
| Level | Major | Intermediate | Major | - | Intermediate | 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 | 11,244.05 | 11,305.63 | 11,372.25 | 11,433.83 | 11,500.45 | 11,562.02 | 11,628.65 |
| Camarilla | 11,403.62 | 11,415.37 | 11,427.12 | 11,438.87 | 11,450.63 | 11,462.38 | 11,474.13 |
| Woodie | 11,246.58 | 11,306.89 | 11,374.78 | 11,435.09 | 11,502.97 | 11,563.29 | 11,631.17 |
| Fibonacci | 11,305.63 | 11,354.60 | 11,384.85 | 11,433.83 | 11,482.80 | 11,513.05 | 11,562.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,211.85 | 10,578.54 | 10,832.97 | 11,199.65 | 11,454.08 | 11,820.77 | 12,075.20 |
| Camarilla | 10,916.59 | 10,973.53 | 11,030.47 | 11,087.40 | 11,144.34 | 11,201.27 | 11,258.21 |
| Woodie | 10,155.73 | 10,550.47 | 10,776.84 | 11,171.59 | 11,397.96 | 11,792.71 | 12,019.08 |
| Fibonacci | 10,578.54 | 10,815.80 | 10,962.39 | 11,199.65 | 11,436.92 | 11,583.50 | 11,820.77 |
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 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): | 40.90 | |
| MACD (12,26,9): | 5.0600 | |
| Directional Movement: | -10.95 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 11,367.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,495.40 | |
| Elder Ray (13): | -54.80 | |
| Super Trend (3,10): | 11,189.17 | |
| Zig ZAG (10): | 11,247.60 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 33.42 | |
| TEMA (21): | 11,402.81 | |
| Williams %R (14): | -98.16 | |
| Chande Momentum Oscillator (20): | -185.15 | |
| Repulse (5,40,3): | -1.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.91 |
| MA7: | 11,238.55 | |
| MA20: | 11,624.01 | |
| MA50: | 11,180.94 | |
| MA100: | 10,382.26 | |
| MAexp7: | 11,353.33 | |
| MAexp20: | 11,360.74 | |
| MAexp50: | 11,408.54 | |
| MAexp100: | 11,483.47 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | -3.24% | |
| Price / MA50: | +0.60% | |
| Price / MA100: | +8.33% | |
| Price / MAexp7: | -0.93% | |
| Price / MAexp20: | -1.00% | |
| Price / MAexp50: | -1.41% | |
| Price / MAexp100: | -2.05% |
Quotes :
2020-09-16 19:59:59
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15 min delayed data
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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 17, 2020
-
“Buzz on the Street” Show: AnPac Bio-Medical (NASDAQ: ANPC) Receives Immunology Testing Contract
-
S&P 500 and NASDAQ 100 Forecast September 16, 2020
-
“The Buzz” Show: Nikola Corporation (NASDAQ: NKLA) Shares Plunge Following Fraud Accusation
-
S&P 500 and NASDAQ 100 Forecast September 15, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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