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 11/29/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 16,102.80 USD
My targets
15,905.30 USD (-0.75%)
15,675.80 USD (-2.18%)
My analysis
NASDAQ100 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 16,102.80 USD. The next support located at 15,905.30 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 15,675.80 USD. Below this support, sellers could then target 15,497.60 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.1

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

Additional analysis

Quotes

The NASDAQ100 INDEX price is 16,025.58 USD. The price is lower by -2.09% since the last closing and was between 15,988.95 USD and 16,302.58 USD. This implies that the price is at +0.23% from its lowest and at -1.70% from its highest.

15,988.95
16,302.58
16,025.58

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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



Technical


Technical analysis of NASDAQ100 INDEX in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

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 under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15,497.60 15,675.80 15,905.30 16,025.58 16,102.80 16,306.40 16,455.20
Change (%) -3.29% -2.18% -0.75% - +0.48% +1.75% +2.68%
Change -527.98 -349.78 -120.28 - +77.22 +280.82 +429.62
Level Minor Major Major - Minor Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,595.2015,792.0715,908.8316,105.7016,222.4616,419.3316,536.09
Camarilla15,939.3315,968.0815,996.8316,025.5816,054.3316,083.0816,111.83
Woodie15,555.1415,772.0415,868.7716,085.6716,182.4016,399.3016,496.03
Fibonacci15,792.0715,911.8815,985.9016,105.7016,225.5116,299.5316,419.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,978.8215,483.8915,754.7316,259.8016,530.6417,035.7117,306.55
Camarilla15,812.2115,883.3315,954.4616,025.5816,096.7116,167.8316,238.96
Woodie14,861.7215,425.3315,637.6316,201.2416,413.5416,977.1517,189.45
Fibonacci15,483.8915,780.2815,963.4016,259.8016,556.1916,739.3117,035.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,399.2813,892.0914,871.2815,364.0916,343.2816,836.0917,815.28
Camarilla15,445.6715,580.6015,715.5415,850.4715,985.4016,120.3416,255.27
Woodie13,642.4714,013.6915,114.4715,485.6916,586.4716,957.6918,058.47
Fibonacci13,892.0914,454.3914,801.7915,364.0915,926.3916,273.7916,836.09

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): 33.35
MACD (12,26,9): -82.8200
Directional Movement: -22.86
AROON (14): -28.57
DEMA (21): 16,145.05
Parabolic SAR (0,02-0,02-0,2): 16,330.21
Elder Ray (13): -164.11
Super Trend (3,10): 16,328.84
Zig ZAG (10): 16,025.58
VORTEX (21): 0.7600
Stochastique (14,3,5): 11.38
TEMA (21): 16,075.33
Williams %R (14): -90.40
Chande Momentum Oscillator (20): -281.13
Repulse (5,40,3): -0.6100
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 1.37
MA7: 16,349.35
MA20: 16,214.83
MA50: 15,541.56
MA100: 15,348.46
MAexp7: 16,129.84
MAexp20: 16,240.96
MAexp50: 16,298.89
MAexp100: 16,226.52
Price / MA7: -1.98%
Price / MA20: -1.17%
Price / MA50: +3.11%
Price / MA100: +4.41%
Price / MAexp7: -0.65%
Price / MAexp20: -1.33%
Price / MAexp50: -1.68%
Price / MAexp100: -1.24%

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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