NASDAQ100 INDEX - 15 min. - Technical analysis published on 09/18/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 11,165.01 USD
My targets
10,921.88 USD (-1.44%)
10,578.54 USD (-4.53%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 11,165.01 USD remains possible. It is advisable to trade NASDAQ100 INDEX with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 11,165.01 USD. The next bearish objective for sellers is set at 10,921.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10,578.54 USD. In case of crossing, the next objective would be the support located at 9,718.73 USD. PS: if there is a bullish break in the resistance located at 11,165.01 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.3
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX price is 11,080.95 USD. On the day, this instrument lost -1.48% and was between 10,936.80 USD and 11,160.04 USD. This implies that the price is at +1.32% from its lowest and at -0.71% from its highest.10,936.80
11,160.04
11,080.95
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
Technical
Technical analysis of this 15 min. chart of NASDAQ100 INDEX indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,718.73 | 10,945.40 | 11,068.30 | 11,080.95 | 11,495.40 | 11,732.60 | 12,048.00 |
| Change (%) | -12.29% | -1.22% | -0.11% | - | +3.74% | +5.88% | +8.73% |
| Change | -1,362.22 | -135.55 | -12.65 | - | +414.45 | +651.65 | +967.05 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 10,921.88 | 11,082.42 | 11,165.01 | 11,325.55 | 11,408.14 | 11,568.68 | 11,651.27 |
| Camarilla | 11,180.74 | 11,203.02 | 11,225.31 | 11,247.60 | 11,269.89 | 11,292.17 | 11,314.46 |
| Woodie | 10,882.90 | 11,062.93 | 11,126.03 | 11,306.06 | 11,369.16 | 11,549.19 | 11,612.30 |
| Fibonacci | 11,082.42 | 11,175.30 | 11,232.67 | 11,325.55 | 11,418.43 | 11,475.81 | 11,568.68 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.08 | |
| MACD (12,26,9): | -41.7200 | |
| Directional Movement: | -8.04 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 10,987.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,968.98 | |
| Elder Ray (13): | 24.49 | |
| Super Trend (3,10): | 11,137.33 | |
| Zig ZAG (10): | 11,080.95 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.04 | |
| TEMA (21): | 11,008.42 | |
| Williams %R (14): | -2.98 | |
| Chande Momentum Oscillator (20): | 86.55 | |
| Repulse (5,40,3): | 0.7800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 0.08 |
| MA7: | 11,240.37 | |
| MA20: | 11,612.13 | |
| MA50: | 11,189.22 | |
| MA100: | 10,404.70 | |
| MAexp7: | 11,036.72 | |
| MAexp20: | 11,054.57 | |
| MAexp50: | 11,153.35 | |
| MAexp100: | 11,230.25 | |
| Price / MA7: | -1.42% | |
| Price / MA20: | -4.57% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | +6.50% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | -0.65% | |
| Price / MAexp100: | -1.33% |
Quotes :
2020-09-17 19:59:59
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
-
S&P 500 and NASDAQ 100 Forecast September 18, 2020
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S&P 500 and NASDAQ 100 Forecast September 17, 2020
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“Buzz on the Street” Show: AnPac Bio-Medical (NASDAQ: ANPC) Receives Immunology Testing Contract
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S&P 500 and NASDAQ 100 Forecast September 16, 2020
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“The Buzz” Show: Nikola Corporation (NASDAQ: NKLA) Shares Plunge Following Fraud Accusation
This member declared not having a position on this financial instrument or a related financial instrument.
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