NASDAQ100 INDEX - 1H - Technical analysis published on 03/17/2021 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 13,116.90 USD
My targets
13,305.10 USD (+1.16%)
13,490.20 USD (+2.57%)
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 13,116.90 USD. The next resistance located at 13,305.10 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13,490.20 USD. After this resistance, buyers could then target 13,807.70 USD.
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
5.9
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
The NASDAQ100 INDEX rating is 13,152.28 USD. The price has increased by +0.53% since the last closing and was traded between 13,091.78 USD and 13,297.48 USD over the period. The price is currently at +0.46% from its lowest and -1.09% from its highest.13,091.78
13,297.48
13,152.28
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:
Near a 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
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,610.90 | 12,767.30 | 13,116.90 | 13,152.28 | 13,305.10 | 13,490.20 | 13,807.70 |
| Change (%) | -4.12% | -2.93% | -0.27% | - | +1.16% | +2.57% | +4.98% |
| Change | -541.38 | -384.98 | -35.38 | - | +152.82 | +337.92 | +655.42 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | 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 | 12,857.85 | 12,974.81 | 13,063.55 | 13,180.51 | 13,269.25 | 13,386.21 | 13,474.95 |
| Camarilla | 13,095.71 | 13,114.57 | 13,133.42 | 13,152.28 | 13,171.14 | 13,189.99 | 13,208.85 |
| Woodie | 12,843.73 | 12,967.76 | 13,049.43 | 13,173.46 | 13,255.13 | 13,379.16 | 13,460.83 |
| Fibonacci | 12,974.81 | 13,053.39 | 13,101.94 | 13,180.51 | 13,259.09 | 13,307.64 | 13,386.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,613.66 | 11,950.62 | 12,443.95 | 12,780.91 | 13,274.24 | 13,611.20 | 14,104.53 |
| Camarilla | 12,708.96 | 12,785.07 | 12,861.18 | 12,937.29 | 13,013.40 | 13,089.51 | 13,165.62 |
| Woodie | 11,691.86 | 11,989.71 | 12,522.15 | 12,820.00 | 13,352.44 | 13,650.29 | 14,182.73 |
| Fibonacci | 11,950.62 | 12,267.79 | 12,463.74 | 12,780.91 | 13,098.08 | 13,294.03 | 13,611.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,363.47 | 12,060.79 | 12,485.12 | 13,182.44 | 13,606.77 | 14,304.09 | 14,728.42 |
| Camarilla | 12,600.99 | 12,703.80 | 12,806.62 | 12,909.44 | 13,012.26 | 13,115.08 | 13,217.89 |
| Woodie | 11,226.97 | 11,992.54 | 12,348.62 | 13,114.19 | 13,470.27 | 14,235.84 | 14,591.92 |
| Fibonacci | 12,060.79 | 12,489.26 | 12,753.97 | 13,182.44 | 13,610.91 | 13,875.62 | 14,304.09 |
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): | 59.31 | |
| MACD (12,26,9): | 86.4400 | |
| Directional Movement: | 6.20 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 13,186.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,983.92 | |
| Elder Ray (13): | 35.68 | |
| Super Trend (3,10): | 13,029.93 | |
| Zig ZAG (10): | 13,152.28 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 66.62 | |
| TEMA (21): | 13,217.31 | |
| Williams %R (14): | -35.26 | |
| Chande Momentum Oscillator (20): | 174.37 | |
| Repulse (5,40,3): | -0.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 4.10 |
| MA7: | 12,867.24 | |
| MA20: | 13,030.29 | |
| MA50: | 13,162.89 | |
| MA100: | 12,653.67 | |
| MAexp7: | 13,160.89 | |
| MAexp20: | 13,074.48 | |
| MAexp50: | 12,966.54 | |
| MAexp100: | 12,985.68 | |
| Price / MA7: | +2.22% | |
| Price / MA20: | +0.94% | |
| Price / MA50: | -0.08% | |
| Price / MA100: | +3.94% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.60% | |
| Price / MAexp50: | +1.43% | |
| Price / MAexp100: | +1.28% |
Quotes :
2021-03-16 19:59:59
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
-
S&P 500 and NASDAQ 100 Forecast March 17, 2021
-
S&P 500 and NASDAQ 100 Forecast March 16, 2021
-
S&P 500 and NASDAQ 100 Forecast March 15, 2021
-
S&P 500 and NASDAQ 100 Forecast March 12, 2021
-
S&P 500 and NASDAQ 100 Forecast March 11, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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