NASDAQ100 INDEX
NASDAQ100 INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 02/23/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 13,205.60 USD
My targets
13,036.10 USD (-0.54%)
12,921.30 USD (-1.42%)
My analysis
The bearish trend is currently very strong for NASDAQ100 INDEX. As long as the price remains below the resistance at 13,205.60 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 13,036.10 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,921.30 USD as an objective. Crossing it would then enable sellers to target 12,758.10 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX price is 13,107.45 USD. The price registered a decrease of -0.88% on the session and was between 12,758.12 USD and 13,109.26 USD. This implies that the price is at +2.74% from its lowest and at -0.01% from its highest.

12,758.12
13,109.26
13,107.45

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

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:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : 1 hour


Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,758.10 12,921.30 13,036.10 13,107.45 13,205.60 13,401.90 13,562.20
Change (%) -2.67% -1.42% -0.54% - +0.75% +2.25% +3.47%
Change -349.35 -186.15 -71.35 - +98.15 +294.45 +454.75
Level Intermediate Major Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,920.6313,070.7013,147.2213,297.2913,373.8113,523.8813,600.41
Camarilla13,161.4313,182.2013,202.9713,223.7413,244.5113,265.2813,286.05
Woodie12,883.8513,052.3113,110.4413,278.9113,337.0413,505.5013,563.63
Fibonacci13,070.7013,157.2613,210.7313,297.2913,383.8513,437.3313,523.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,009.4313,243.3013,412.0413,645.9113,814.6414,048.5114,217.25
Camarilla13,470.0613,506.9613,543.8713,580.7813,617.6813,654.5913,691.49
Woodie12,976.8713,227.0213,379.4713,629.6213,782.0814,032.2314,184.68
Fibonacci13,243.3013,397.1013,492.1113,645.9113,799.7013,894.7214,048.51


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,427.6711,982.5312,453.9713,008.8313,480.2714,035.1314,506.57
Camarilla12,643.1712,737.2512,831.3212,925.4013,019.4813,113.5613,207.63
Woodie11,385.9511,961.6812,412.2512,987.9813,438.5514,014.2814,464.85
Fibonacci11,982.5312,374.5812,616.7913,008.8313,400.8813,643.0914,035.13

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): 31.08
MACD (12,26,9): -141.7000
Directional Movement: -40.60
AROON (14): -85.72
DEMA (21): 13,230.63
Parabolic SAR (0,02-0,02-0,2): 13,483.27
Elder Ray (13): -321.78
Super Trend (3,10): 13,237.07
Zig ZAG (10): 13,027.36
VORTEX (21): 0.8500
Stochastique (14,3,5): 14.20
TEMA (21): 13,107.99
Williams %R (14): -73.10
Chande Momentum Oscillator (20): -575.91
Repulse (5,40,3): 0.3600
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 6.32
MA7: 13,533.73
MA20: 13,477.16
MA50: 13,098.22
MA100: 12,470.23
MAexp7: 13,180.99
MAexp20: 13,390.43
MAexp50: 13,522.43
MAexp100: 13,518.05
Price / MA7: -3.15%
Price / MA20: -2.74%
Price / MA50: +0.07%
Price / MA100: +5.11%
Price / MAexp7: -0.56%
Price / MAexp20: -2.11%
Price / MAexp50: -3.07%
Price / MAexp100: -3.04%

Quotes : 2021-02-23 15:49:40 - 15 min delayed data - NASDAQ US Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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