NASDAQ100 INDEX - 1H - Technical analysis published on 02/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 13,563.00 USD
My targets
13,879.80 USD (+0.77%)
My analysis
NASDAQ100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13,563.00 USD. The next resistance located at 13,879.80 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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This analysis was given by RudeWorld. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 INDEX rating 13,773.77 USD. The price registered a decrease of -0.25% on the session and was traded between 13,726.78 USD and 13,879.77 USD over the period. The price is currently at +0.34% from its lowest and -0.76% from its highest.13,726.78
13,879.77
13,773.77
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 13,113.10 | 13,563.00 | 13,768.70 | 13,773.77 | 13,879.80 |
Change (%) | -4.80% | -1.53% | -0.04% | - | +0.77% |
Change | -660.67 | -210.77 | -5.07 | - | +106.03 |
Level | Minor | Intermediate | Minor | - | Intermediate |
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 | 13,544.77 | 13,600.78 | 13,704.24 | 13,760.25 | 13,863.71 | 13,919.71 | 14,023.18 |
Camarilla | 13,763.84 | 13,778.46 | 13,793.08 | 13,807.70 | 13,822.31 | 13,836.93 | 13,851.55 |
Woodie | 13,568.49 | 13,612.64 | 13,727.96 | 13,772.11 | 13,887.43 | 13,931.58 | 14,046.90 |
Fibonacci | 13,600.78 | 13,661.69 | 13,699.33 | 13,760.25 | 13,821.16 | 13,858.80 | 13,919.71 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,336.67 | 13,434.30 | 13,621.00 | 13,718.63 | 13,905.33 | 14,002.95 | 14,189.65 |
Camarilla | 13,729.51 | 13,755.57 | 13,781.63 | 13,807.70 | 13,833.76 | 13,859.82 | 13,885.89 |
Woodie | 13,381.21 | 13,456.57 | 13,665.53 | 13,740.89 | 13,949.86 | 14,025.22 | 14,234.19 |
Fibonacci | 13,434.30 | 13,542.91 | 13,610.01 | 13,718.63 | 13,827.24 | 13,894.34 | 14,002.95 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 54.80 | |
MACD (12,26,9): | 33.2000 | |
Directional Movement: | 0.08 | |
AROON (14): | 57.15 | |
DEMA (21): | 13,799.71 | |
Parabolic SAR (0,02-0,02-0,2): | 13,745.14 | |
Elder Ray (13): | 3.59 | |
Super Trend (3,10): | 13,686.03 | |
Zig ZAG (10): | 13,773.77 | |
VORTEX (21): | 1.0500 | |
Stochastique (14,3,5): | 52.61 | |
TEMA (21): | 13,794.63 | |
Williams %R (14): | -47.54 | |
Chande Momentum Oscillator (20): | 41.14 | |
Repulse (5,40,3): | -0.1100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 1.09 |
MA7: | 13,708.16 | |
MA20: | 13,445.14 | |
MA50: | 13,006.26 | |
MA100: | 12,353.86 | |
MAexp7: | 13,779.84 | |
MAexp20: | 13,753.49 | |
MAexp50: | 13,673.16 | |
MAexp100: | 13,542.79 | |
Price / MA7: | +0.48% | |
Price / MA20: | +2.44% | |
Price / MA50: | +5.90% | |
Price / MA100: | +11.49% | |
Price / MAexp7: | -0.04% | |
Price / MAexp20: | +0.15% | |
Price / MAexp50: | +0.74% | |
Price / MAexp100: | +1.71% |
Quotes :
2021-02-16 20:59:59
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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 February 17, 2021
- S&P 500 and NASDAQ 100 Forecast February 16, 2021
- “The Buzz” Show: II-VI Incorporated (NASDAQ: IIVI) Surges After Offering to Acquire Coherent, Inc.
- S&P 500 and NASDAQ 100 Forecast February 15, 2021
- S&P 500 and NASDAQ 100 Forecast February 12, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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