NASDAQ100 INDEX - 1H - Technical analysis published on 02/04/2021 (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 bullish
De fond:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 13,113.10 USD
My targets
13,490.20 USD (+0.66%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 13,113.10 USD, you could try to benefit from the boom. The first bullish objective is located at 13,490.20 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by RudeWorld. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX price is 13,402.37 USD. On the day, this instrument lost -0.40% and was between 13,400.98 USD and 13,508.82 USD. This implies that the price is at +0.01% from its lowest and at -0.79% from its highest.13,400.98
13,508.82
13,402.37
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 HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
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 strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 12,798.10 | 12,950.20 | 13,113.10 | 13,402.37 | 13,402.70 | 13,490.20 |
| Change (%) | -4.51% | -3.37% | -2.16% | - | +0.00% | +0.66% |
| Change | -604.27 | -452.17 | -289.27 | - | +0.33 | +87.83 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,242.13 | 13,302.97 | 13,379.53 | 13,440.37 | 13,516.93 | 13,577.77 | 13,654.33 |
| Camarilla | 13,418.31 | 13,430.91 | 13,443.51 | 13,456.10 | 13,468.70 | 13,481.29 | 13,493.88 |
| Woodie | 13,250.00 | 13,306.90 | 13,387.40 | 13,444.30 | 13,524.80 | 13,581.70 | 13,662.20 |
| Fibonacci | 13,302.97 | 13,355.45 | 13,387.88 | 13,440.37 | 13,492.85 | 13,525.28 | 13,577.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,941.00 | 12,393.20 | 12,659.30 | 13,111.50 | 13,377.60 | 13,829.80 | 14,095.90 |
| Camarilla | 12,727.87 | 12,793.71 | 12,859.56 | 12,925.40 | 12,991.25 | 13,057.09 | 13,122.93 |
| Woodie | 11,847.95 | 12,346.68 | 12,566.25 | 13,064.98 | 13,284.55 | 13,783.28 | 14,002.85 |
| Fibonacci | 12,393.20 | 12,667.59 | 12,837.11 | 13,111.50 | 13,385.89 | 13,555.41 | 13,829.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,427.67 | 11,982.53 | 12,453.97 | 13,008.83 | 13,480.27 | 14,035.13 | 14,506.57 |
| Camarilla | 12,643.17 | 12,737.25 | 12,831.32 | 12,925.40 | 13,019.48 | 13,113.56 | 13,207.63 |
| Woodie | 11,385.95 | 11,961.68 | 12,412.25 | 12,987.98 | 13,438.55 | 14,014.28 | 14,464.85 |
| Fibonacci | 11,982.53 | 12,374.58 | 12,616.79 | 13,008.83 | 13,400.88 | 13,643.09 | 14,035.13 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.75 | |
| MACD (12,26,9): | 65.3400 | |
| Directional Movement: | -0.47 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 13,475.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,561.50 | |
| Elder Ray (13): | 3.35 | |
| Super Trend (3,10): | 13,276.36 | |
| Zig ZAG (10): | 13,402.37 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 56.72 | |
| TEMA (21): | 13,523.43 | |
| Williams %R (14): | -80.49 | |
| Chande Momentum Oscillator (20): | -24.83 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.24 |
| MA7: | 13,262.44 | |
| MA20: | 13,126.19 | |
| MA50: | 12,765.55 | |
| MA100: | 12,151.05 | |
| MAexp7: | 13,456.13 | |
| MAexp20: | 13,394.65 | |
| MAexp50: | 13,318.95 | |
| MAexp100: | 13,228.87 | |
| Price / MA7: | +1.06% | |
| Price / MA20: | +2.10% | |
| Price / MA50: | +4.99% | |
| Price / MA100: | +10.30% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +1.31% |
Quotes :
2021-02-03 20:59:59
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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:
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S&P 500 and NASDAQ 100 Forecast February 4, 2021
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S&P 500 and NASDAQ 100 Forecast February 3, 2021
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S&P 500 and NASDAQ 100 Forecast February 2, 2021
-
S&P 500 and NASDAQ 100 Forecast February 1, 2021
-
"We need a healthy correction" in the Nasdaq
This member declared not having a position on this financial instrument or a related financial instrument.
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