NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - Weekly - Technical analysis published on 04/30/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 13,484.12 USD

My targets

12,299.10 USD (-4.32%)

10,833.30 USD (-15.73%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 INDEX as long as the price remains well below 13,484.12 USD. The sellers' bearish objective is set at 12,299.10 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10,833.30 USD. In case of crossing, the next objective would be the support located at 9,718.73 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.2

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 Gstar99. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NASDAQ100 INDEX rating 12,854.80 USD. The price is lower by -3.76% over the 5 days and has been traded over the last 5 days between 12,835.50 USD and 13,542.60 USD. This implies that the 5 day price is +0.15% from its lowest point and -5.08% from its highest point.

12,835.50

13,542.60

12,854.80

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.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Weekly chart of NASDAQ100 INDEX indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Weekly

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Weekly

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Weekly

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9,718.73	10,833.30	12,299.10	12,854.80	14,472.10	15,675.80	16,573.30
Change (%)	-24.40%	-15.73%	-4.32%	-	+12.58%	+21.95%	+28.93%
Change	-3,136.07	-2,021.50	-555.70	-	+1,617.30	+2,821.00	+3,718.50
Level	Intermediate	Minor	Major	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,057.63	12,446.55	12,650.68	13,039.60	13,243.73	13,632.65	13,836.78
Camarilla	12,691.71	12,746.07	12,800.44	12,854.80	12,909.16	12,963.53	13,017.89
Woodie	11,965.23	12,400.35	12,558.28	12,993.40	13,151.33	13,586.45	13,744.38
Fibonacci	12,446.55	12,673.10	12,813.06	13,039.60	13,266.15	13,406.11	13,632.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,106.28	12,724.54	13,040.70	13,658.96	13,975.12	14,593.38	14,909.54
Camarilla	13,099.91	13,185.56	13,271.22	13,356.87	13,442.53	13,528.18	13,613.84
Woodie	11,955.24	12,649.02	12,889.66	13,583.44	13,824.08	14,517.86	14,758.50
Fibonacci	12,724.54	13,081.49	13,302.01	13,658.96	14,015.91	14,236.43	14,593.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,239.10	12,129.75	13,484.12	14,374.77	15,729.14	16,619.79	17,974.16
Camarilla	14,221.11	14,426.90	14,632.70	14,838.49	15,044.28	15,250.08	15,455.87
Woodie	11,470.96	12,245.68	13,715.98	14,490.70	15,961.00	16,735.72	18,206.02
Fibonacci	12,129.75	12,987.35	13,517.17	14,374.77	15,232.37	15,762.19	16,619.79

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):	34.61
MACD (12,26,9):	-423.5400
Directional Movement:	-21.14
AROON (14):	-100.00
DEMA (21):	13,897.41
Parabolic SAR (0,02-0,02-0,2):	15,265.42
Elder Ray (13):	-913.61
Super Trend (3,10):	15,481.74
Zig ZAG (10):	12,854.80
VORTEX (21):	0.8300
Stochastique (14,3,5):	14.60
TEMA (21):	13,395.41
Williams %R (14):	-99.20
Chande Momentum Oscillator (20):	-1,839.60
Repulse (5,40,3):	-12.5100
ROCnROLL:	2
TRIX (15,9):	-0.2700
Courbe Coppock:	19.01

MA7:	13,276.35
MA20:	13,964.72
MA50:	14,054.75
MA100:	14,746.17
MAexp7:	13,758.61
MAexp20:	14,359.47
MAexp50:	14,388.52
MAexp100:	13,333.63
Price / MA7:	-3.18%
Price / MA20:	-7.95%
Price / MA50:	-8.54%
Price / MA100:	-12.83%
Price / MAexp7:	-6.57%
Price / MAexp20:	-10.48%
Price / MAexp50:	-10.66%
Price / MAexp100:	-3.59%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:

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

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