NASDAQ100 INDEX - Daily - Technical analysis published on 02/22/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 12,921.30 USD
My targets
13,807.70 USD (+1.67%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 12,921.30 USD, you could try to benefit from the boom. The first bullish objective is located at 13,807.70 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
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 rating is 13,580.78 USD. The price is lower by -0.42% since the last closing and was traded between 13,545.45 USD and 13,701.69 USD over the period. The price is currently at +0.26% from its lowest and -0.88% from its highest.13,545.45
13,701.69
13,580.78
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
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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
Technical analysis of NASDAQ100 INDEX in Daily shows a strongly overall bullish trend. 92.86% 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.
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:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 11,613.90 | 12,420.50 | 12,921.30 | 13,580.78 | 13,807.70 |
Change (%) | -14.48% | -8.54% | -4.86% | - | +1.67% |
Change | -1,966.88 | -1,160.28 | -659.48 | - | +226.92 |
Level | Minor | Intermediate | Major | - | Major |
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 | 13,327.03 | 13,402.10 | 13,519.81 | 13,594.88 | 13,712.58 | 13,787.65 | 13,905.36 |
Camarilla | 13,584.50 | 13,602.17 | 13,619.84 | 13,637.51 | 13,655.18 | 13,672.86 | 13,690.53 |
Woodie | 13,348.35 | 13,412.76 | 13,541.13 | 13,605.53 | 13,733.90 | 13,798.31 | 13,926.68 |
Fibonacci | 13,402.10 | 13,475.74 | 13,521.23 | 13,594.88 | 13,668.52 | 13,714.01 | 13,787.65 |
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): | 57.00 | |
MACD (12,26,9): | 192.7400 | |
Directional Movement: | -0.18 | |
AROON (14): | 78.57 | |
DEMA (21): | 13,765.51 | |
Parabolic SAR (0,02-0,02-0,2): | 13,871.72 | |
Elder Ray (13): | 29.96 | |
Super Trend (3,10): | 13,253.22 | |
Zig ZAG (10): | 13,580.78 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 75.28 | |
TEMA (21): | 13,763.47 | |
Williams %R (14): | -33.35 | |
Chande Momentum Oscillator (20): | 124.68 | |
Repulse (5,40,3): | 0.2900 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.2300 | |
Courbe Coppock: | 6.51 |
MA7: | 13,698.44 | |
MA20: | 13,506.14 | |
MA50: | 13,072.78 | |
MA100: | 12,434.23 | |
MAexp7: | 13,653.19 | |
MAexp20: | 13,497.83 | |
MAexp50: | 13,095.51 | |
MAexp100: | 12,535.83 | |
Price / MA7: | -0.86% | |
Price / MA20: | +0.55% | |
Price / MA50: | +3.89% | |
Price / MA100: | +9.22% | |
Price / MAexp7: | -0.53% | |
Price / MAexp20: | +0.61% | |
Price / MAexp50: | +3.71% | |
Price / MAexp100: | +8.34% |
Quotes :
2021-02-19 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 22, 2021
- S&P 500 and NASDAQ 100 Forecast February 19, 2021
- S&P 500 and NASDAQ 100 Forecast February 18, 2021
- S&P 500 and NASDAQ 100 Forecast February 17, 2021
- S&P 500 and NASDAQ 100 Forecast February 16, 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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