NASDAQ100 INDEX - 1H - Technical analysis published on 05/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 13,319.75 USD
My targets
12,612.67 USD (-3.54%)
12,299.10 USD (-5.94%)
My analysis
With a strongly bearish trend, the price of NASDAQ100 INDEX is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 13,319.75 USD remains possible. It would be possible for traders to only trade short positions (for sale) on NASDAQ100 INDEX as long as the price remains well below 13,319.75 USD. The next bearish objective for sellers is set at 12,612.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12,299.10 USD. In case of crossing, the next objective would be the support located at 10,833.30 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX price is 13,075.85 USD. On the day, this instrument gained +1.72% and was between 12,716.63 USD and 13,083.57 USD. This implies that the price is at +2.82% from its lowest and at -0.06% from its highest.12,716.63
13,083.57
13,075.85
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 NASDAQ100 INDEX in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,833.30 | 12,299.10 | 13,046.60 | 13,075.85 | 13,542.30 | 14,269.30 | 14,472.10 |
| Change (%) | -17.15% | -5.94% | -0.22% | - | +3.57% | +9.13% | +10.68% |
| Change | -2,242.55 | -776.75 | -29.25 | - | +466.45 | +1,193.45 | +1,396.25 |
| Level | Minor | Major | Intermediate | - | Intermediate | 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 | 12,466.84 | 12,591.73 | 12,833.79 | 12,958.68 | 13,200.74 | 13,325.63 | 13,567.69 |
| Camarilla | 12,974.94 | 13,008.58 | 13,042.21 | 13,075.85 | 13,109.49 | 13,143.12 | 13,176.76 |
| Woodie | 12,525.43 | 12,621.02 | 12,892.38 | 12,987.97 | 13,259.33 | 13,354.92 | 13,626.28 |
| Fibonacci | 12,591.73 | 12,731.91 | 12,818.51 | 12,958.68 | 13,098.86 | 13,185.46 | 13,325.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,905.59 | 12,370.53 | 12,612.67 | 13,077.61 | 13,319.75 | 13,784.69 | 14,026.83 |
| Camarilla | 12,660.35 | 12,725.17 | 12,789.98 | 12,854.80 | 12,919.62 | 12,984.43 | 13,049.25 |
| Woodie | 11,794.18 | 12,314.83 | 12,501.26 | 13,021.91 | 13,208.34 | 13,728.99 | 13,915.42 |
| Fibonacci | 12,370.53 | 12,640.64 | 12,807.51 | 13,077.61 | 13,347.72 | 13,514.59 | 13,784.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,746.48 | 11,290.98 | 12,072.89 | 13,617.39 | 14,399.30 | 15,943.80 | 16,725.71 |
| Camarilla | 12,215.04 | 12,428.29 | 12,641.55 | 12,854.80 | 13,068.05 | 13,281.31 | 13,494.56 |
| Woodie | 9,365.19 | 11,100.33 | 11,691.60 | 13,426.74 | 14,018.01 | 15,753.15 | 16,344.42 |
| Fibonacci | 11,290.98 | 12,179.67 | 12,728.70 | 13,617.39 | 14,506.08 | 15,055.11 | 15,943.80 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.64 | |
| MACD (12,26,9): | -112.9500 | |
| Directional Movement: | -1.90 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 12,885.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,716.62 | |
| Elder Ray (13): | -45.99 | |
| Super Trend (3,10): | 13,199.04 | |
| Zig ZAG (10): | 13,075.85 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 20.55 | |
| TEMA (21): | 12,870.12 | |
| Williams %R (14): | -49.54 | |
| Chande Momentum Oscillator (20): | -132.08 | |
| Repulse (5,40,3): | 2.5300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 6.39 |
| MA7: | 13,184.27 | |
| MA20: | 13,875.45 | |
| MA50: | 14,032.83 | |
| MA100: | 14,713.67 | |
| MAexp7: | 12,918.70 | |
| MAexp20: | 13,030.95 | |
| MAexp50: | 13,253.04 | |
| MAexp100: | 13,545.21 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -5.76% | |
| Price / MA50: | -6.82% | |
| Price / MA100: | -11.13% | |
| Price / MAexp7: | +1.22% | |
| Price / MAexp20: | +0.34% | |
| Price / MAexp50: | -1.34% | |
| Price / MAexp100: | -3.47% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:
-
Nasdaq 100 Outlook Make or Break as Apple and Amazon Earnings Overshadow GDP
-
Nasdaq 100 Falls Back Into Bear Market, Fed Media Blackout, Earnings and GDP Ahead
-
Nasdaq 100 Breaks Lower Despite Tesla Earnings Foothold, Dollar Rebounds Ahead of PMIs
-
Dollar Retreat or Reversal from Two Year Highs and Will Tesla Save the Nasdaq 100?
-
Dollar Tops the Nasdaq 100 Next Week as Rate Speculation Dominates Focus
This member declared not having a position on this financial instrument or a related financial instrument.
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