NASDAQ100 INDEX - 1H - Technical analysis published on 10/23/2020 (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:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 11,763.80 USD
My targets
11,604.00 USD (-0.51%)
11,227.20 USD (-3.74%)
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 11,763.80 USD. The sellers” bearish objective is set at 11,604.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11,227.20 USD. In case of crossing, the next objective would be the support located at 10,841.30 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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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 rating is 11,662.91 USD. The price is lower by -0.02% since the last closing and was between 11,529.73 USD and 11,739.22 USD. This implies that the price is at +1.16% from its lowest and at -0.65% from its highest.11,529.73
11,739.22
11,662.91
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 10,841.30 | 11,227.20 | 11,604.00 | 11,662.91 | 11,763.80 | 11,913.60 | 12,037.00 |
| Change (%) | -7.04% | -3.74% | -0.51% | - | +0.87% | +2.15% | +3.21% |
| Change | -821.61 | -435.71 | -58.91 | - | +100.89 | +250.69 | +374.09 |
| Level | Intermediate | Minor | Major | - | 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 | 11,468.42 | 11,557.45 | 11,611.41 | 11,700.43 | 11,754.39 | 11,843.42 | 11,897.38 |
| Camarilla | 11,626.04 | 11,639.15 | 11,652.26 | 11,665.37 | 11,678.47 | 11,691.58 | 11,704.69 |
| Woodie | 11,450.89 | 11,548.68 | 11,593.87 | 11,691.67 | 11,736.86 | 11,834.65 | 11,879.85 |
| Fibonacci | 11,557.45 | 11,612.07 | 11,645.81 | 11,700.43 | 11,755.06 | 11,788.80 | 11,843.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,237.57 | 11,501.53 | 11,676.87 | 11,940.83 | 12,116.17 | 12,380.13 | 12,555.47 |
| Camarilla | 11,731.39 | 11,771.66 | 11,811.93 | 11,852.20 | 11,892.47 | 11,932.74 | 11,973.01 |
| Woodie | 11,193.25 | 11,479.38 | 11,632.55 | 11,918.68 | 12,071.85 | 12,357.98 | 12,511.15 |
| Fibonacci | 11,501.53 | 11,669.35 | 11,773.02 | 11,940.83 | 12,108.65 | 12,212.32 | 12,380.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,822.40 | 9,750.10 | 10,584.10 | 11,511.80 | 12,345.80 | 13,273.50 | 14,107.50 |
| Camarilla | 10,933.63 | 11,095.12 | 11,256.61 | 11,418.10 | 11,579.59 | 11,741.08 | 11,902.57 |
| Woodie | 8,775.55 | 9,726.67 | 10,537.25 | 11,488.38 | 12,298.95 | 13,250.08 | 14,060.65 |
| Fibonacci | 9,750.10 | 10,423.07 | 10,838.83 | 11,511.80 | 12,184.77 | 12,600.53 | 13,273.50 |
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): | 45.56 | |
| MACD (12,26,9): | -42.7500 | |
| Directional Movement: | -11.82 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 11,630.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,775.29 | |
| Elder Ray (13): | -2.49 | |
| Super Trend (3,10): | 11,844.21 | |
| Zig ZAG (10): | 11,662.91 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 51.90 | |
| TEMA (21): | 11,622.98 | |
| Williams %R (14): | -48.72 | |
| Chande Momentum Oscillator (20): | -51.55 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.07 |
| MA7: | 11,768.09 | |
| MA20: | 11,611.20 | |
| MA50: | 11,512.98 | |
| MA100: | 10,974.50 | |
| MAexp7: | 11,655.42 | |
| MAexp20: | 11,690.49 | |
| MAexp50: | 11,743.48 | |
| MAexp100: | 11,701.61 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | +0.45% | |
| Price / MA50: | +1.30% | |
| Price / MA100: | +6.27% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.69% | |
| Price / MAexp100: | -0.33% |
Quotes :
2020-10-22 19:59:59
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15 min delayed data
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NASDAQ US Indices
News
Don"t forget to follow the news on NASDAQ100 INDEX. At the time of publication of this analysis, the latest news was as follows:
-
S&P 500 and NASDAQ 100 Forecast October 23, 2020
-
S&P 500 and NASDAQ 100 Forecast October 22, 2020
-
S&P 500 and NASDAQ 100 Forecast October 21, 2020
-
S&P 500 and NASDAQ 100 Forecast October 20, 2020
-
“Buzz on the Street” Show: Urban Tea (NASDAQ: MYT) Plans to Open New Store in New York City
This member declared not having a position on this financial instrument or a related financial instrument.
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