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 - Weekly - Technical analysis published on 08/22/2021 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 14,041.90 USD

My targets

15,539.77 USD (+2.96%)

15,937.13 USD (+5.60%)

My analysis

The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 14,041.90 USD, you could try to benefit from the boom. The first bullish objective is located at 15,539.77 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15,937.13 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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

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

The NASDAQ100 INDEX price is 15,092.57 USD. The price registered a decrease of -0.29% over 5 days and was traded between 14,773.20 USD and 15,103.90 USD over the period. The price is currently at +2.16% from its lowest point and -0.08% from its highest point.

14,773.20

15,103.90

15,092.57

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 Weekly shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	9,718.73	12,299.10	14,041.90	15,092.57
Change (%)	-35.61%	-18.51%	-6.96%	-
Change	-5,373.84	-2,793.47	-1,050.67	-
Level	Major	Major	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	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	14,792.27	14,874.26	15,005.47	15,087.46	15,218.67	15,300.66	15,431.87
Camarilla	15,078.05	15,097.59	15,117.14	15,136.68	15,156.22	15,175.77	15,195.31
Woodie	14,816.88	14,886.57	15,030.08	15,099.77	15,243.28	15,312.97	15,456.48
Fibonacci	14,874.26	14,955.70	15,006.02	15,087.46	15,168.90	15,219.22	15,300.66

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 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):	69.64
MACD (12,26,9):	588.7600
Directional Movement:	6.79
AROON (14):	85.71
DEMA (21):	15,112.94
Parabolic SAR (0,02-0,02-0,2):	14,603.91
Elder Ray (13):	318.46
Super Trend (3,10):	13,819.12
Zig ZAG (10):	15,092.57
VORTEX (21):	1.2100
Stochastique (14,3,5):	96.76
TEMA (21):	15,172.03
Williams %R (14):	-4.19
Chande Momentum Oscillator (20):	1,406.07
Repulse (5,40,3):	3.1700
ROCnROLL:	1
TRIX (15,9):	0.5800
Courbe Coppock:	19.15

MA7:	15,036.24
MA20:	15,048.84
MA50:	14,742.19
MA100:	14,201.16
MAexp7:	14,926.95
MAexp20:	14,338.38
MAexp50:	13,182.42
MAexp100:	11,670.05
Price / MA7:	+0.37%
Price / MA20:	+0.29%
Price / MA50:	+2.38%
Price / MA100:	+6.28%
Price / MAexp7:	+1.11%
Price / MAexp20:	+5.26%
Price / MAexp50:	+14.49%
Price / MAexp100:	+29.33%

Quotes : - 15 min delayed data - 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:

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

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