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 - Daily - Technical analysis published on 03/04/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Neutral

Technical indicators

11%

78%

11%

My opinion

Bearish under 13,490.20 USD

My targets

12,420.50 USD (-2.83%)

11,663.50 USD (-8.75%)

My analysis

The strong short-term decrease of NASDAQ100 INDEX should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 13,490.20 USD, a sale could be considered. The first bearish objective is located at 12,420.50 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 11,663.50 USD. If there is any crossing, the next objective would be support 11,052.90 USD. Caution, if there is a return to above 13,490.20 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

3.2

Comment on the analysis

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 RudeWorld. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NASDAQ100 INDEX rating 12,781.87 USD. On the day, this instrument gained +0.78% and was between 12,517.66 USD and 12,781.97 USD. This implies that the price is at +2.11% from its lowest and at +0.00% from its highest.

12,517.66

12,781.97

12,781.87

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NASDAQ100 INDEX in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,052.90	11,663.50	12,420.50	12,781.87	12,823.40	13,490.20	13,807.70
Change (%)	-13.53%	-8.75%	-2.83%	-	+0.32%	+5.54%	+8.03%
Change	-1,728.97	-1,118.37	-361.37	-	+41.53	+708.33	+1,025.83
Level	Intermediate	Minor	Major	-	Major	Intermediate	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	12,178.99	12,429.44	12,556.38	12,806.84	12,933.78	13,184.23	13,311.18
Camarilla	12,579.54	12,614.14	12,648.73	12,683.33	12,717.92	12,752.52	12,787.11
Woodie	12,117.23	12,398.56	12,494.63	12,775.96	12,872.03	13,153.36	13,249.42
Fibonacci	12,429.44	12,573.61	12,662.67	12,806.84	12,951.00	13,040.07	13,184.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,940.01	12,349.07	12,629.25	13,038.31	13,318.50	13,727.56	14,007.74
Camarilla	12,719.90	12,783.08	12,846.26	12,909.44	12,972.62	13,035.81	13,098.99
Woodie	11,875.58	12,316.85	12,564.82	13,006.09	13,254.07	13,695.34	13,943.31
Fibonacci	12,349.07	12,612.36	12,775.02	13,038.31	13,301.60	13,464.26	13,727.56

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,363.46	12,060.79	12,485.12	13,182.45	13,606.77	14,304.10	14,728.43
Camarilla	12,600.99	12,703.81	12,806.63	12,909.44	13,012.26	13,115.08	13,217.90
Woodie	11,226.96	11,992.54	12,348.62	13,114.20	13,470.27	14,235.85	14,591.93
Fibonacci	12,060.79	12,489.26	12,753.97	13,182.45	13,610.92	13,875.63	14,304.10

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.31
MACD (12,26,9):	-99.9700
Directional Movement:	-23.70
AROON (14):	-85.71
DEMA (21):	13,123.95
Parabolic SAR (0,02-0,02-0,2):	13,437.31
Elder Ray (13):	-476.79
Super Trend (3,10):	13,514.60
Zig ZAG (10):	12,725.68
VORTEX (21):	0.8100
Stochastique (14,3,5):	13.86
TEMA (21):	12,892.57
Williams %R (14):	-85.73
Chande Momentum Oscillator (20):	-1,054.47
Repulse (5,40,3):	-2.1700
ROCnROLL:	2
TRIX (15,9):	0.0200
Courbe Coppock:	10.05

MA7:	12,972.38
MA20:	13,381.31
MA50:	13,156.76
MA100:	12,578.35
MAexp7:	12,970.02
MAexp20:	13,193.30
MAexp50:	13,069.19
MAexp100:	12,611.11
Price / MA7:	-1.47%
Price / MA20:	-4.48%
Price / MA50:	-2.85%
Price / MA100:	+1.62%
Price / MAexp7:	-1.45%
Price / MAexp20:	-3.12%
Price / MAexp50:	-2.20%
Price / MAexp100:	+1.35%

Quotes : 2021-03-04 16:41:15 - 15 min delayed data - 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:

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

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