NASDAQ100 INDEX - 15 min. - Technical analysis published on 11/17/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 16,265.32 USD
My targets
16,373.95 USD (+0.33%)
16,438.13 USD (+0.73%)
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 16,265.32 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 16,265.32 USD. The next bullish objective for buyers is set at 16,373.95 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16,438.13 USD. If there is any crossing, the next objective would be the resistance located at 16,546.76 USD. PS: if there is a bearish break in the support located at 16,265.32 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 sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.2
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Additional analysis
Quotes
The NASDAQ100 INDEX price is 16,319.36 USD. The price has increased by +0.06% since the last closing with the lowest point at 16,276.77 USD and the highest point at 16,398.95 USD. The deviation from the price is +0.26% for the low point and -0.49% for the high point.16,276.77
16,398.95
16,319.36
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 NASDAQ100 INDEX in 15 min. shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 15,497.60 | 15,675.80 | 15,906.90 | 16,319.36 | 16,359.40 |
| Change (%) | -5.04% | -3.94% | -2.53% | - | +0.25% |
| Change | -821.76 | -643.56 | -412.46 | - | +40.04 |
| 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 | 16,028.33 | 16,092.51 | 16,201.14 | 16,265.32 | 16,373.95 | 16,438.13 | 16,546.76 |
| Camarilla | 16,262.25 | 16,278.09 | 16,293.93 | 16,309.77 | 16,325.61 | 16,341.45 | 16,357.29 |
| Woodie | 16,050.56 | 16,103.62 | 16,223.37 | 16,276.43 | 16,396.18 | 16,449.24 | 16,568.99 |
| Fibonacci | 16,092.51 | 16,158.52 | 16,199.31 | 16,265.32 | 16,331.33 | 16,372.12 | 16,438.13 |
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 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): | 48.95 | |
| MACD (12,26,9): | 4.2000 | |
| Directional Movement: | -3.92 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 16,337.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 16,345.07 | |
| Elder Ray (13): | -7.24 | |
| Super Trend (3,10): | 16,387.56 | |
| Zig ZAG (10): | 16,328.48 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 31.49 | |
| TEMA (21): | 16,328.92 | |
| Williams %R (14): | -75.17 | |
| Chande Momentum Oscillator (20): | 8.97 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.23 |
| MA7: | 16,180.24 | |
| MA20: | 15,973.24 | |
| MA50: | 15,435.72 | |
| MA100: | 15,247.33 | |
| MAexp7: | 16,331.32 | |
| MAexp20: | 16,328.65 | |
| MAexp50: | 16,301.29 | |
| MAexp100: | 16,260.19 | |
| Price / MA7: | +0.86% | |
| Price / MA20: | +2.17% | |
| Price / MA50: | +5.72% | |
| Price / MA100: | +7.03% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.36% |
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:
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“The Buzz'' Show: Kezar Life Sciences Inc. (NASDAQ: KZR) MISSION Phase 2 Trial
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This member declared not having a position on this financial instrument or a related financial instrument.
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