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 05/13/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 13,202.40 USD

My targets

12,788.40 USD (-1.64%)

12,420.50 USD (-4.47%)

My analysis

The strong short-term decline of NASDAQ100 INDEX reinforces the current slightly bearish trend. As long as the price remains below 13,202.40 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 12,788.40 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,420.50 USD as an objective. Crossing it would then enable sellers to target 11,613.90 USD. A return to above 13,202.40 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.6

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 Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 13,001.63 USD. On the day, this instrument lost -2.62% and was between 12,967.18 USD and 13,236.89 USD. This implies that the price is at +0.27% from its lowest and at -1.78% from its highest.

12,967.18

13,236.89

13,001.63

Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NASDAQ100 INDEX indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bearish signal.
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:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,613.90	12,420.50	12,788.40	13,001.63	13,202.40	13,490.20	13,807.70
Change (%)	-10.67%	-4.47%	-1.64%	-	+1.54%	+3.76%	+6.20%
Change	-1,387.73	-581.13	-213.23	-	+200.77	+488.57	+806.07
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	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	12,630.53	12,798.86	12,900.24	13,068.57	13,169.95	13,338.28	13,439.66
Camarilla	12,927.46	12,952.18	12,976.91	13,001.63	13,026.35	13,051.08	13,075.80
Woodie	12,597.07	12,782.12	12,866.78	13,051.83	13,136.49	13,321.54	13,406.20
Fibonacci	12,798.86	12,901.89	12,965.54	13,068.57	13,171.60	13,235.25	13,338.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,866.60	13,131.36	13,425.49	13,690.25	13,984.38	14,249.14	14,543.27
Camarilla	13,565.94	13,617.17	13,668.40	13,719.63	13,770.86	13,822.09	13,873.33
Woodie	12,881.30	13,138.70	13,440.19	13,697.59	13,999.08	14,256.48	14,557.97
Fibonacci	13,131.36	13,344.85	13,476.75	13,690.25	13,903.74	14,035.64	14,249.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,568.90	12,912.36	13,386.56	13,730.02	14,204.22	14,547.68	15,021.88
Camarilla	13,635.90	13,710.86	13,785.81	13,860.76	13,935.71	14,010.66	14,085.62
Woodie	12,634.27	12,945.05	13,451.93	13,762.71	14,269.59	14,580.37	15,087.25
Fibonacci	12,912.36	13,224.71	13,417.67	13,730.02	14,042.37	14,235.33	14,547.68

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):	34.32
MACD (12,26,9):	-53.3100
Directional Movement:	-21.43
AROON (14):	-64.29
DEMA (21):	13,582.57
Parabolic SAR (0,02-0,02-0,2):	13,793.70
Elder Ray (13):	-446.21
Super Trend (3,10):	13,826.67
Zig ZAG (10):	13,001.63
VORTEX (21):	0.7300
Stochastique (14,3,5):	9.80
TEMA (21):	13,416.12
Williams %R (14):	-96.89
Chande Momentum Oscillator (20):	-1,024.53
Repulse (5,40,3):	-1.6200
ROCnROLL:	2
TRIX (15,9):	0.0800
Courbe Coppock:	6.63

MA7:	13,441.91
MA20:	13,751.81
MA50:	13,374.68
MA100:	13,266.70
MAexp7:	13,413.45
MAexp20:	13,592.04
MAexp50:	13,478.52
MAexp100:	13,156.07
Price / MA7:	-3.28%
Price / MA20:	-5.46%
Price / MA50:	-2.79%
Price / MA100:	-2.00%
Price / MAexp7:	-3.07%
Price / MAexp20:	-4.34%
Price / MAexp50:	-3.54%
Price / MAexp100:	-1.17%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:

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

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