NASDAQ100 INDEX - 1H - Technical analysis published on 07/19/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 14,894.00 USD
My targets
14,581.50 USD (-0.68%)
14,327.80 USD (-2.41%)
My analysis
NASDAQ100 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14,894.00 USD. The next support located at 14,581.50 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14,327.80 USD. Below this support, sellers could then target 14,204.00 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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 Quki. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 INDEX rating 14,681.38 USD. The price registered a decrease of -0.77% on the session and was traded between 14,667.10 USD and 14,875.97 USD over the period. The price is currently at +0.10% from its lowest and -1.31% from its highest.14,667.10
14,875.97
14,681.38
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical
Technical analysis of NASDAQ100 INDEX in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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:
Black evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,204.00 | 14,327.80 | 14,581.50 | 14,681.38 | 14,710.20 | 14,894.00 | 15,002.20 |
| Change (%) | -3.25% | -2.41% | -0.68% | - | +0.20% | +1.45% | +2.19% |
| Change | -477.38 | -353.58 | -99.88 | - | +28.82 | +212.62 | +320.82 |
| Level | Minor | Minor | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,398.13 | 14,532.61 | 14,607.00 | 14,741.48 | 14,815.87 | 14,950.35 | 15,024.74 |
| Camarilla | 14,623.94 | 14,643.09 | 14,662.23 | 14,681.38 | 14,700.53 | 14,719.67 | 14,738.82 |
| Woodie | 14,368.08 | 14,517.59 | 14,576.95 | 14,726.46 | 14,785.82 | 14,935.33 | 14,994.69 |
| Fibonacci | 14,532.61 | 14,612.40 | 14,661.70 | 14,741.48 | 14,821.27 | 14,870.57 | 14,950.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,229.71 | 14,448.41 | 14,564.89 | 14,783.59 | 14,900.07 | 15,118.77 | 15,235.25 |
| Camarilla | 14,589.21 | 14,619.93 | 14,650.66 | 14,681.38 | 14,712.11 | 14,742.83 | 14,773.56 |
| Woodie | 14,178.61 | 14,422.86 | 14,513.79 | 14,758.04 | 14,848.97 | 15,093.22 | 15,184.15 |
| Fibonacci | 14,448.41 | 14,576.45 | 14,655.55 | 14,783.59 | 14,911.63 | 14,990.73 | 15,118.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,709.97 | 13,089.93 | 13,822.37 | 14,202.33 | 14,934.77 | 15,314.73 | 16,047.17 |
| Camarilla | 14,248.89 | 14,350.86 | 14,452.83 | 14,554.80 | 14,656.77 | 14,758.74 | 14,860.71 |
| Woodie | 12,886.20 | 13,178.05 | 13,998.60 | 14,290.45 | 15,111.00 | 15,402.85 | 16,223.40 |
| Fibonacci | 13,089.93 | 13,514.87 | 13,777.40 | 14,202.33 | 14,627.27 | 14,889.80 | 15,314.73 |
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): | 37.11 | |
| MACD (12,26,9): | -37.6500 | |
| Directional Movement: | -18.52 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 14,752.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 14,800.47 | |
| Elder Ray (13): | -75.16 | |
| Super Trend (3,10): | 14,877.74 | |
| Zig ZAG (10): | 14,681.38 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 8.22 | |
| TEMA (21): | 14,705.17 | |
| Williams %R (14): | -94.06 | |
| Chande Momentum Oscillator (20): | -109.31 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 2.07 |
| MA7: | 14,811.02 | |
| MA20: | 14,582.84 | |
| MA50: | 14,010.98 | |
| MA100: | 13,676.20 | |
| MAexp7: | 14,738.28 | |
| MAexp20: | 14,792.42 | |
| MAexp50: | 14,792.30 | |
| MAexp100: | 14,683.84 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | +0.68% | |
| Price / MA50: | +4.78% | |
| Price / MA100: | +7.35% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -0.75% | |
| Price / MAexp100: | -0.02% |
Quotes :
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15 min delayed data
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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:
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S&P 500 and NASDAQ 100 Forecast July 15, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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