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 09/08/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 15,173.40 USD

My targets

15,877.69 USD (+1.29%)

16,172.87 USD (+3.17%)

My analysis

The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 15,173.40 USD, you could try to benefit from the boom. The first bullish objective is located at 15,877.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16,172.87 USD as an objective. Crossing it would then enable buyers to target 16,725.12 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

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 15,675.76 USD. On the day, this instrument gained +0.15% with the lowest point at 15,610.23 USD and the highest point at 15,701.40 USD. The deviation from the price is +0.42% for the low point and -0.16% for the high point.

15,610.23

15,701.40

15,675.76

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

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

Technical

Technical analysis of this Daily chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	13,001.60	14,041.90	15,173.40	15,675.76
Change (%)	-17.06%	-10.42%	-3.20%	-
Change	-2,674.16	-1,633.86	-502.36	-
Level	Minor	Major	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	15,532.36	15,571.29	15,623.53	15,662.46	15,714.70	15,753.63	15,805.87
Camarilla	15,650.69	15,659.05	15,667.40	15,675.76	15,684.12	15,692.48	15,700.83
Woodie	15,539.01	15,574.62	15,630.18	15,665.79	15,721.35	15,756.96	15,812.52
Fibonacci	15,571.29	15,606.12	15,627.64	15,662.46	15,697.29	15,718.81	15,753.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15,272.91	15,366.33	15,509.59	15,603.01	15,746.27	15,839.69	15,982.95
Camarilla	15,587.77	15,609.47	15,631.16	15,652.86	15,674.56	15,696.25	15,717.95
Woodie	15,297.84	15,378.79	15,534.52	15,615.47	15,771.20	15,852.15	16,007.88
Fibonacci	15,366.33	15,456.74	15,512.60	15,603.01	15,693.42	15,749.28	15,839.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,182.83	14,478.01	15,030.26	15,325.44	15,877.69	16,172.87	16,725.12
Camarilla	15,349.47	15,427.15	15,504.83	15,582.51	15,660.19	15,737.87	15,815.55
Woodie	14,311.37	14,542.28	15,158.80	15,389.71	16,006.23	16,237.14	16,853.66
Fibonacci	14,478.01	14,801.73	15,001.72	15,325.44	15,649.16	15,849.15	16,172.87

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):	71.34
MACD (12,26,9):	196.3700
Directional Movement:	13.96
AROON (14):	85.71
DEMA (21):	15,606.92
Parabolic SAR (0,02-0,02-0,2):	15,259.92
Elder Ray (13):	195.56
Super Trend (3,10):	15,253.17
Zig ZAG (10):	15,675.76
VORTEX (21):	1.1100
Stochastique (14,3,5):	94.18
TEMA (21):	15,648.57
Williams %R (14):	-2.76
Chande Momentum Oscillator (20):	741.83
Repulse (5,40,3):	0.6600
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	6.97

MA7:	15,595.00
MA20:	15,290.90
MA50:	15,036.92
MA100:	14,401.45
MAexp7:	15,572.68
MAexp20:	15,357.62
MAexp50:	15,000.44
MAexp100:	14,523.50
Price / MA7:	+0.52%
Price / MA20:	+2.52%
Price / MA50:	+4.25%
Price / MA100:	+8.85%
Price / MAexp7:	+0.66%
Price / MAexp20:	+2.07%
Price / MAexp50:	+4.50%
Price / MAexp100:	+7.93%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:

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

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