NASDAQ100 INDEX - 1H - Technical analysis published on 08/27/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 15,181.60 USD
My targets
15,341.90 USD (+0.41%)
15,404.40 USD (+0.82%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 15,181.60 USD remains possible. It is advisable to trade NASDAQ100 INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 15,181.60 USD. The next bullish objective for buyers is set at 15,341.90 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15,404.40 USD. PS: if there is a bearish break in the support located at 15,181.60 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.4
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Additional analysis
Quotes
The NASDAQ100 INDEX rating is 15,278.52 USD. The price is lower by -0.59% since the last closing and was between 15,265.23 USD and 15,369.28 USD. This implies that the price is at +0.09% from its lowest and at -0.59% from its highest.15,265.23
15,369.28
15,278.52
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
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 bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 14,956.20 | 15,181.60 | 15,265.20 | 15,278.52 | 15,341.90 | 15,404.40 |
| Change (%) | -2.11% | -0.63% | -0.09% | - | +0.41% | +0.82% |
| Change | -322.32 | -96.92 | -13.32 | - | +63.38 | +125.88 |
| Level | Minor | Major | Minor | - | 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 | 15,135.36 | 15,200.29 | 15,239.41 | 15,304.34 | 15,343.46 | 15,408.39 | 15,447.51 |
| Camarilla | 15,249.91 | 15,259.44 | 15,268.98 | 15,278.52 | 15,288.06 | 15,297.60 | 15,307.13 |
| Woodie | 15,122.45 | 15,193.84 | 15,226.50 | 15,297.89 | 15,330.55 | 15,401.94 | 15,434.60 |
| Fibonacci | 15,200.29 | 15,240.04 | 15,264.60 | 15,304.34 | 15,344.09 | 15,368.65 | 15,408.39 |
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 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): | 47.49 | |
| MACD (12,26,9): | 26.6000 | |
| Directional Movement: | -6.22 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 15,361.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,364.65 | |
| Elder Ray (13): | -35.78 | |
| Super Trend (3,10): | 15,272.38 | |
| Zig ZAG (10): | 15,278.52 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 27.12 | |
| TEMA (21): | 15,332.71 | |
| Williams %R (14): | -90.45 | |
| Chande Momentum Oscillator (20): | -72.27 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.50 |
| MA7: | 15,171.77 | |
| MA20: | 15,107.27 | |
| MA50: | 14,845.75 | |
| MA100: | 14,278.37 | |
| MAexp7: | 15,314.87 | |
| MAexp20: | 15,312.99 | |
| MAexp50: | 15,231.86 | |
| MAexp100: | 15,154.38 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +1.13% | |
| Price / MA50: | +2.92% | |
| Price / MA100: | +7.00% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +0.82% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
-
S&P 500 and NASDAQ 100 Forecast August 27, 2021
-
“The Buzz'' Show: Lordstown Motors Corp. (NASDAQ: RIDE) Auto Sector Veteran Daniel Ninivaggi as CEO
-
“The Buzz'' Show: Lordstown Motors Corp. (NASDAQ: RIDE) Auto Sector Veteran Daniel Ninivaggi as CEO
-
“The Buzz'' Show: Aditxt, Inc. (NASDAQ: ADTX) Letter of Intent to Acquire Biopharmaceutical Company
-
“The Buzz'' Show: Aditxt, Inc. (NASDAQ: ADTX) Letter of Intent to Acquire Biopharmaceutical Company
This member declared not having a position on this financial instrument or a related financial instrument.
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