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 - Daily - Technical analysis published on 05/04/2021 (GMT)

  • 308
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
56%
28%
My opinion
Bullish above 13,202.40 USD
My targets
13,807.70 USD (+2.29%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NASDAQ100 INDEX. As long as you are above the support located at 13,202.40 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 13,807.70 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 13,202.40 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.3

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 imlongcat. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX price is 13,498.69 USD. On the day, this instrument lost -2.18% and was between 13,491.85 USD and 13,705.38 USD. This implies that the price is at +0.05% from its lowest and at -1.51% from its highest.

13,491.85
13,705.38
13,498.69

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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NASDAQ100 INDEX in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 11,056.00 12,420.50 13,202.40 13,498.69 13,807.70
Change (%) -18.10% -7.99% -2.19% - +2.29%
Change -2,442.69 -1,078.19 -296.29 - +309.01
Level Intermediate Intermediate Minor - Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,567.5813,676.1213,737.9213,846.4613,908.2614,016.8014,078.60
Camarilla13,752.8813,768.4913,784.1113,799.7213,815.3413,830.9513,846.56
Woodie13,544.2113,664.4413,714.5513,834.7813,884.8914,005.1214,055.23
Fibonacci13,676.1213,741.1913,781.3913,846.4613,911.5313,951.7314,016.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,536.0313,686.0713,773.4113,923.4514,010.7914,160.8314,248.17
Camarilla13,795.4813,817.2413,839.0013,860.7613,882.5213,904.2813,926.04
Woodie13,504.6913,670.4013,742.0713,907.7813,979.4514,145.1614,216.83
Fibonacci13,686.0713,776.7513,832.7713,923.4514,014.1314,070.1514,160.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,568.9012,912.3613,386.5613,730.0214,204.2214,547.6815,021.88
Camarilla13,635.9013,710.8613,785.8113,860.7613,935.7114,010.6614,085.62
Woodie12,634.2712,945.0513,451.9313,762.7114,269.5914,580.3715,087.25
Fibonacci12,912.3613,224.7113,417.6713,730.0214,042.3714,235.3314,547.68

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): 44.60
MACD (12,26,9): 115.6300
Directional Movement: -5.68
AROON (14): -21.43
DEMA (21): 13,934.09
Parabolic SAR (0,02-0,02-0,2): 14,061.93
Elder Ray (13): -205.70
Super Trend (3,10): 13,417.51
Zig ZAG (10): 13,500.11
VORTEX (21): 0.9500
Stochastique (14,3,5): 21.69
TEMA (21): 13,912.56
Williams %R (14): -98.77
Chande Momentum Oscillator (20): -506.80
Repulse (5,40,3): -2.6000
ROCnROLL: -1
TRIX (15,9): 0.2000
Courbe Coppock: 0.04
MA7: 13,865.32
MA20: 13,863.80
MA50: 13,334.33
MA100: 13,209.43
MAexp7: 13,799.48
MAexp20: 13,750.99
MAexp50: 13,494.66
MAexp100: 13,120.17
Price / MA7: -2.64%
Price / MA20: -2.63%
Price / MA50: +1.23%
Price / MA100: +2.19%
Price / MAexp7: -2.18%
Price / MAexp20: -1.83%
Price / MAexp50: +0.03%
Price / MAexp100: +2.89%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis NASDAQ100 INDEX - Daily