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 - Weekly - Technical analysis published on 11/19/2021 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 15,675.80 USD

My targets

16,836.09 USD (+2.14%)

17,815.28 USD (+8.08%)

My analysis

NASDAQ100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15,675.80 USD. The next resistance located at 16,836.09 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17,815.28 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.4

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 Edd8011. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 16,482.97 USD. The price is up +1.75% over 5 days and has been traded over the last 5 days between 16,096.40 USD and 16,501.90 USD. This implies that the 5 day price is +2.40% from its lowest point and -0.11% from its highest point.

16,096.40

16,501.90

16,482.97

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

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:

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

A technical analysis in Weekly of this NASDAQ100 INDEX chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	9,718.73	12,299.10	15,675.80	16,482.97
Change (%)	-41.04%	-25.38%	-4.90%	-
Change	-6,764.24	-4,183.87	-807.17	-
Level	Major	Major	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,168.60	16,239.06	16,361.01	16,431.47	16,553.42	16,623.88	16,745.83
Camarilla	16,430.06	16,447.70	16,465.33	16,482.97	16,500.61	16,518.25	16,535.88
Woodie	16,194.36	16,251.93	16,386.77	16,444.34	16,579.18	16,636.75	16,771.59
Fibonacci	16,239.06	16,312.56	16,357.97	16,431.47	16,504.97	16,550.38	16,623.88

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):	72.42
MACD (12,26,9):	577.8900
Directional Movement:	15.89
AROON (14):	42.86
DEMA (21):	16,078.76
Parabolic SAR (0,02-0,02-0,2):	14,696.70
Elder Ray (13):	687.06
Super Trend (3,10):	14,886.04
Zig ZAG (10):	16,482.97
VORTEX (21):	1.2100
Stochastique (14,3,5):	94.07
TEMA (21):	16,126.37
Williams %R (14):	-0.89
Chande Momentum Oscillator (20):	1,049.97
Repulse (5,40,3):	6.2000
ROCnROLL:	1
TRIX (15,9):	0.5200
Courbe Coppock:	10.19

MA7:	16,215.41
MA20:	16,022.37
MA50:	15,454.02
MA100:	15,266.31
MAexp7:	15,927.77
MAexp20:	15,317.94
MAexp50:	14,163.62
MAexp100:	12,565.49
Price / MA7:	+1.65%
Price / MA20:	+2.87%
Price / MA50:	+6.66%
Price / MA100:	+7.97%
Price / MAexp7:	+3.49%
Price / MAexp20:	+7.61%
Price / MAexp50:	+16.38%
Price / MAexp100:	+31.18%

Quotes : - 15 min delayed data - 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:

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

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