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 08/22/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 14,549.10 USD

My targets

15,249.83 USD (+1.04%)

15,539.77 USD (+2.96%)

My analysis

The basic bullish trend is very strong on NASDAQ100 INDEX but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 14,549.10 USD. Crossing the first resistance at 15,249.83 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 15,539.77 USD as an objective. Crossing it would then enable buyers to target 15,937.13 USD. Caution, a return to below 14,549.10 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.9

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 15,092.57 USD. On the day, this instrument gained +1.06% and was traded between 14,968.87 USD and 15,103.94 USD over the period. The price is currently at +0.83% from its lowest and -0.08% from its highest.

14,968.87

15,103.94

15,092.57

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Technical

Technical analysis of NASDAQ100 INDEX in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Piercing line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	13,001.60	14,041.90	14,549.10	15,092.57	15,181.60
Change (%)	-13.85%	-6.96%	-3.60%	-	+0.59%
Change	-2,090.97	-1,050.67	-543.47	-	+89.03
Level	Minor	Major	Minor	-	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	14,871.24	14,920.06	15,006.31	15,055.13	15,141.38	15,190.20	15,276.45
Camarilla	15,055.43	15,067.81	15,080.19	15,092.57	15,104.95	15,117.33	15,129.71
Woodie	14,889.97	14,929.42	15,025.04	15,064.49	15,160.11	15,199.56	15,295.18
Fibonacci	14,920.06	14,971.65	15,003.53	15,055.13	15,106.72	15,138.60	15,190.20

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,494.32	14,633.76	14,863.16	15,002.60	15,232.00	15,371.44	15,600.84
Camarilla	14,991.14	15,024.95	15,058.76	15,092.57	15,126.38	15,160.19	15,194.00
Woodie	14,539.31	14,656.25	14,908.15	15,025.09	15,276.99	15,393.93	15,645.83
Fibonacci	14,633.76	14,774.65	14,861.70	15,002.60	15,143.49	15,230.54	15,371.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,875.23	14,165.17	14,562.53	14,852.47	15,249.83	15,539.77	15,937.13
Camarilla	14,770.89	14,833.90	14,896.90	14,959.90	15,022.90	15,085.91	15,148.91
Woodie	13,928.95	14,192.03	14,616.25	14,879.33	15,303.55	15,566.63	15,990.85
Fibonacci	14,165.17	14,427.72	14,589.92	14,852.47	15,115.02	15,277.22	15,539.77

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.12
MACD (12,26,9):	77.7100
Directional Movement:	-6.18
AROON (14):	-71.43
DEMA (21):	15,124.82
Parabolic SAR (0,02-0,02-0,2):	15,118.94
Elder Ray (13):	10.80
Super Trend (3,10):	14,704.31
Zig ZAG (10):	15,092.57
VORTEX (21):	0.9700
Stochastique (14,3,5):	40.06
TEMA (21):	15,039.15
Williams %R (14):	-22.31
Chande Momentum Oscillator (20):	9.17
Repulse (5,40,3):	1.5400
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	0.01

MA7:	15,036.24
MA20:	15,048.84
MA50:	14,742.19
MA100:	14,201.16
MAexp7:	15,023.07
MAexp20:	14,994.88
MAexp50:	14,716.07
MAexp100:	14,274.38
Price / MA7:	+0.37%
Price / MA20:	+0.29%
Price / MA50:	+2.38%
Price / MA100:	+6.28%
Price / MAexp7:	+0.46%
Price / MAexp20:	+0.65%
Price / MAexp50:	+2.56%
Price / MAexp100:	+5.73%

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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