NASDAQ100 INDEX - 1H - Technical analysis published on 05/06/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 12,924.33 USD
My targets
12,299.10 USD (-3.11%)
11,890.43 USD (-6.33%)
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 12,924.33 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 11,890.43 USD. In case of crossing, the next objective would be the support located at 10,833.30 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 INDEX rating 12,693.54 USD. The price is lower by -1.22% since the last closing and was between 12,522.77 USD and 12,926.58 USD. This implies that the price is at +1.36% from its lowest and at -1.80% from its highest.12,522.77
12,926.58
12,693.54
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:
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
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,718.73 | 10,833.30 | 12,299.10 | 12,693.54 | 13,046.60 | 13,545.90 | 14,269.30 |
| Change (%) | -23.44% | -14.66% | -3.11% | - | +2.78% | +6.71% | +12.41% |
| Change | -2,974.81 | -1,860.24 | -394.44 | - | +353.06 | +852.36 | +1,575.76 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,098.20 | 12,310.49 | 12,502.01 | 12,714.30 | 12,905.82 | 13,118.11 | 13,309.63 |
| Camarilla | 12,582.49 | 12,619.51 | 12,656.52 | 12,693.54 | 12,730.56 | 12,767.57 | 12,804.59 |
| Woodie | 12,087.83 | 12,305.30 | 12,491.64 | 12,709.11 | 12,895.45 | 13,112.92 | 13,299.26 |
| Fibonacci | 12,310.49 | 12,464.74 | 12,560.04 | 12,714.30 | 12,868.55 | 12,963.85 | 13,118.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,258.08 | 11,890.43 | 12,291.98 | 12,924.33 | 13,325.88 | 13,958.23 | 14,359.78 |
| Camarilla | 12,409.22 | 12,503.99 | 12,598.77 | 12,693.54 | 12,788.31 | 12,883.09 | 12,977.86 |
| Woodie | 11,142.69 | 11,832.73 | 12,176.59 | 12,866.63 | 13,210.49 | 13,900.53 | 14,244.39 |
| Fibonacci | 11,890.43 | 12,285.38 | 12,529.38 | 12,924.33 | 13,319.28 | 13,563.28 | 13,958.23 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.06 | |
| MACD (12,26,9): | -106.1700 | |
| Directional Movement: | -10.37 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 12,734.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,890.68 | |
| Elder Ray (13): | -143.55 | |
| Super Trend (3,10): | 13,202.35 | |
| Zig ZAG (10): | 12,693.54 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 16.07 | |
| TEMA (21): | 12,684.02 | |
| Williams %R (14): | -79.23 | |
| Chande Momentum Oscillator (20): | -289.93 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 6.42 |
| MA7: | 13,079.49 | |
| MA20: | 13,533.39 | |
| MA50: | 13,968.94 | |
| MA100: | 14,585.78 | |
| MAexp7: | 12,735.72 | |
| MAexp20: | 12,861.44 | |
| MAexp50: | 13,029.06 | |
| MAexp100: | 13,293.85 | |
| Price / MA7: | -2.95% | |
| Price / MA20: | -6.21% | |
| Price / MA50: | -9.13% | |
| Price / MA100: | -12.97% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -1.31% | |
| Price / MAexp50: | -2.58% | |
| Price / MAexp100: | -4.52% |
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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