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 - Daily - Technical analysis published on 01/07/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 15,985.60 USD
My targets
15,046.89 USD (-3.69%)
14,472.10 USD (-7.37%)
My analysis
The strong short-term decline of NASDAQ100 INDEX reinforces the current slightly bearish trend. As long as the price remains below 15,985.60 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 15,046.89 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14,472.10 USD as an objective. Crossing it would then enable sellers to target 14,038.80 USD. A return to above 15,985.60 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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
4.3

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 Clay707. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 15,622.78 USD. On the day, this instrument lost -0.90% and was between 15,526.80 USD and 15,835.00 USD. This implies that the price is at +0.62% from its lowest and at -1.34% from its highest.

15,526.80
15,835.00
15,622.78

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NASDAQ100 INDEX in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,001.60 14,038.80 14,472.10 15,622.78 15,651.70 15,985.60 16,573.30
Change (%) -16.78% -10.14% -7.37% - +0.19% +2.32% +6.08%
Change -2,621.18 -1,583.98 -1,150.68 - +28.92 +362.82 +950.52
Level Minor Minor Major - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,323.7215,466.1515,615.7515,758.1815,907.7816,050.2116,199.81
Camarilla15,685.0515,711.8215,738.5915,765.3615,792.1315,818.9015,845.67
Woodie15,327.3215,467.9415,619.3515,759.9715,911.3816,052.0016,203.41
Fibonacci15,466.1515,577.7015,646.6215,758.1815,869.7315,938.6516,050.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,932.5716,124.9116,222.5016,414.8416,512.4316,704.7716,802.36
Camarilla16,240.3516,266.9316,293.5016,320.0816,346.6616,373.2316,399.81
Woodie15,885.1916,101.2216,175.1216,391.1516,465.0516,681.0816,754.98
Fibonacci16,124.9116,235.6716,304.0916,414.8416,525.6016,594.0216,704.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,585.0315,046.8915,683.4816,145.3416,781.9317,243.7917,880.38
Camarilla16,018.0116,118.7016,219.3916,320.0816,420.7716,521.4616,622.15
Woodie14,672.4115,090.5715,770.8616,189.0216,869.3117,287.4717,967.76
Fibonacci15,046.8915,466.5015,725.7316,145.3416,564.9516,824.1817,243.79

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): 40.46
MACD (12,26,9): -32.2300
Directional Movement: -10.98
AROON (14): 35.72
DEMA (21): 16,102.89
Parabolic SAR (0,02-0,02-0,2): 16,551.05
Elder Ray (13): -404.12
Super Trend (3,10): 16,549.16
Zig ZAG (10): 15,648.58
VORTEX (21): 0.8600
Stochastique (14,3,5): 19.88
TEMA (21): 15,993.42
Williams %R (14): -87.80
Chande Momentum Oscillator (20): -349.76
Repulse (5,40,3): -2.7100
ROCnROLL: 2
TRIX (15,9): 0.0300
Courbe Coppock: 0.65
MA7: 16,099.05
MA20: 16,132.85
MA50: 16,151.29
MA100: 15,683.94
MAexp7: 15,980.92
MAexp20: 16,112.82
MAexp50: 16,005.66
MAexp100: 15,672.14
Price / MA7: -2.96%
Price / MA20: -3.16%
Price / MA50: -3.27%
Price / MA100: -0.39%
Price / MAexp7: -2.24%
Price / MAexp20: -3.04%
Price / MAexp50: -2.39%
Price / MAexp100: -0.31%

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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