NASDAQ100 INDEX - 1H - Technical analysis published on 11/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 15,906.90 USD
My targets
16,359.40 USD (+1.04%)
My analysis
A bullish trend on NASDAQ100 INDEX both in substance and in the short term. A purchase could be considered as long as the price remains above 15,906.90 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 16,359.40 USD. Be careful, a return below 15,906.90 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
0
10
6.3
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This analysis was given by alainah. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX price is 16,191.43 USD. On the day, this instrument lost -0.05% and was traded between 16,096.37 USD and 16,256.73 USD over the period. The price is currently at +0.59% from its lowest and -0.40% from its highest.16,096.37
16,256.73
16,191.43
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
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
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 15,501.80 | 15,675.80 | 15,906.90 | 16,191.43 | 16,359.40 |
Change (%) | -4.26% | -3.18% | -1.76% | - | +1.04% |
Change | -689.63 | -515.63 | -284.53 | - | +167.97 |
Level | Minor | Major | Intermediate | - | 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 | 15,863.15 | 15,937.97 | 16,068.92 | 16,143.74 | 16,274.69 | 16,349.51 | 16,480.46 |
Camarilla | 16,143.29 | 16,162.16 | 16,181.02 | 16,199.88 | 16,218.74 | 16,237.61 | 16,256.47 |
Woodie | 15,891.23 | 15,952.00 | 16,097.00 | 16,157.77 | 16,302.77 | 16,363.54 | 16,508.54 |
Fibonacci | 15,937.97 | 16,016.57 | 16,065.13 | 16,143.74 | 16,222.34 | 16,270.90 | 16,349.51 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15,439.48 | 15,672.38 | 15,936.13 | 16,169.03 | 16,432.78 | 16,665.68 | 16,929.43 |
Camarilla | 16,063.30 | 16,108.83 | 16,154.35 | 16,199.88 | 16,245.41 | 16,290.93 | 16,336.46 |
Woodie | 15,454.91 | 15,680.09 | 15,951.56 | 16,176.74 | 16,448.21 | 16,673.39 | 16,944.86 |
Fibonacci | 15,672.38 | 15,862.10 | 15,979.31 | 16,169.03 | 16,358.75 | 16,475.96 | 16,665.68 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,399.28 | 13,892.09 | 14,871.28 | 15,364.09 | 16,343.28 | 16,836.09 | 17,815.28 |
Camarilla | 15,445.67 | 15,580.60 | 15,715.54 | 15,850.47 | 15,985.40 | 16,120.34 | 16,255.27 |
Woodie | 13,642.47 | 14,013.69 | 15,114.47 | 15,485.69 | 16,586.47 | 16,957.69 | 18,058.47 |
Fibonacci | 13,892.09 | 14,454.39 | 14,801.79 | 15,364.09 | 15,926.39 | 16,273.79 | 16,836.09 |
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): | 53.86 | |
MACD (12,26,9): | 5.8000 | |
Directional Movement: | -0.56 | |
AROON (14): | 50.00 | |
DEMA (21): | 16,156.53 | |
Parabolic SAR (0,02-0,02-0,2): | 16,112.41 | |
Elder Ray (13): | 24.94 | |
Super Trend (3,10): | 16,057.30 | |
Zig ZAG (10): | 16,191.59 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 64.81 | |
TEMA (21): | 16,170.04 | |
Williams %R (14): | -28.23 | |
Chande Momentum Oscillator (20): | 73.92 | |
Repulse (5,40,3): | 0.2000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 1.27 |
MA7: | 16,189.36 | |
MA20: | 15,881.54 | |
MA50: | 15,409.06 | |
MA100: | 15,209.68 | |
MAexp7: | 16,169.83 | |
MAexp20: | 16,154.18 | |
MAexp50: | 16,134.96 | |
MAexp100: | 15,999.20 | |
Price / MA7: | +0.01% | |
Price / MA20: | +1.95% | |
Price / MA50: | +5.08% | |
Price / MA100: | +6.45% | |
Price / MAexp7: | +0.13% | |
Price / MAexp20: | +0.23% | |
Price / MAexp50: | +0.35% | |
Price / MAexp100: | +1.20% |
Quotes :
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15 min delayed data
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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:
- S&P 500 and NASDAQ 100 Forecast November 15, 2021
- S&P 500 and NASDAQ 100 Forecast November 12, 2021
- “Buzz on the Street” Show: AGM Group Holdings Inc. (NASDAQ: AGMH) Manufacturing Base
- “The Buzz'' Show: Valneva SE (NASDAQ: VALN) Approval for its COVID-19 Vaccine VLA2001
- S&P 500 and NASDAQ 100 Forecast November 11, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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