NASDAQ100 INDEX
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 - 1H - Technical analysis published on 08/31/2021 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 15,404.40 USD
My targets
15,646.93 USD (+0.27%)
15,846.83 USD (+1.55%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 15,404.40 USD, you could try to benefit from the boom. The first bullish objective is located at 15,646.93 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15,846.83 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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 RudeWorld. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX price is 15,605.09 USD. The price has increased by +1.12% since the last closing and was traded between 15,459.74 USD and 15,620.62 USD over the period. The price is currently at +0.94% from its lowest and -0.10% from its highest.

15,459.74
15,620.62
15,605.09

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NASDAQ100 INDEX in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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 strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 15,145.00 15,266.60 15,404.40 15,605.09
Change (%) -2.95% -2.17% -1.29% -
Change -460.09 -338.49 -200.69 -
Level Intermediate Intermediate Minor -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,342.1315,400.9415,503.0115,561.8215,663.8915,722.7015,824.77
Camarilla15,560.8515,575.6015,590.3415,605.0915,619.8415,634.5915,649.33
Woodie15,363.7715,411.7615,524.6515,572.6415,685.5315,733.5215,846.41
Fibonacci15,400.9415,462.3915,500.3615,561.8215,623.2715,661.2415,722.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,926.1615,033.1515,233.0515,340.0415,539.9415,646.9315,846.83
Camarilla15,348.5615,376.6915,404.8215,432.9515,461.0815,489.2115,517.35
Woodie14,972.6215,056.3815,279.5115,363.2715,586.4015,670.1615,893.29
Fibonacci15,033.1515,150.3815,222.8115,340.0415,457.2715,529.7015,646.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,875.2314,165.1714,562.5314,852.4715,249.8315,539.7715,937.13
Camarilla14,770.8914,833.9014,896.9014,959.9015,022.9015,085.9115,148.91
Woodie13,928.9514,192.0314,616.2514,879.3315,303.5515,566.6315,990.85
Fibonacci14,165.1714,427.7214,589.9214,852.4715,115.0215,277.2215,539.77

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): 75.37
MACD (12,26,9): 84.1900
Directional Movement: 31.00
AROON (14): 92.86
DEMA (21): 15,586.25
Parabolic SAR (0,02-0,02-0,2): 15,462.33
Elder Ray (13): 84.06
Super Trend (3,10): 15,500.14
Zig ZAG (10): 15,605.09
VORTEX (21): 1.2200
Stochastique (14,3,5): 98.32
TEMA (21): 15,614.46
Williams %R (14): -4.74
Chande Momentum Oscillator (20): 200.47
Repulse (5,40,3): 0.1900
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 3.26
MA7: 15,349.79
MA20: 15,162.99
MA50: 14,902.24
MA100: 14,314.99
MAexp7: 15,576.76
MAexp20: 15,481.21
MAexp50: 15,353.40
MAexp100: 15,240.89
Price / MA7: +1.66%
Price / MA20: +2.92%
Price / MA50: +4.72%
Price / MA100: +9.01%
Price / MAexp7: +0.18%
Price / MAexp20: +0.80%
Price / MAexp50: +1.64%
Price / MAexp100: +2.39%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

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