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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 05/10/2022 (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%
67%
22%
My opinion
Bearish under 12,299.10 USD
My targets
11,890.43 USD (-2.44%)
11,258.08 USD (-7.63%)
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 12,299.10 USD. The sellers' bearish objective is set at 11,890.43 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11,258.08 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.

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
7.9

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.

Simon1
This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX price is 12,187.72 USD. The price is lower by -3.99% since the last closing and was between 12,136.19 USD and 12,542.32 USD. This implies that the price is at +0.42% from its lowest and at -2.83% from its highest.

12,136.19
12,542.32
12,187.72

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6,994.50 9,718.73 10,833.30 12,187.72 12,299.10 12,522.80 13,046.60
Change (%) -42.61% -20.26% -11.11% - +0.91% +2.75% +7.05%
Change -5,193.22 -2,468.99 -1,354.42 - +111.38 +335.08 +858.88
Level Major Intermediate Minor - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,629.0411,882.6112,035.1712,288.7412,441.3012,694.8712,847.43
Camarilla12,076.0312,113.2612,150.4912,187.7212,224.9512,262.1812,299.41
Woodie11,578.5311,857.3611,984.6612,263.4912,390.7912,669.6212,796.92
Fibonacci11,882.6112,037.7612,133.6012,288.7412,443.8912,539.7312,694.87


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,258.0811,890.4312,291.9812,924.3313,325.8813,958.2314,359.78
Camarilla12,409.2212,503.9912,598.7712,693.5412,788.3112,883.0912,977.86
Woodie11,142.6911,832.7312,176.5912,866.6313,210.4913,900.5314,244.39
Fibonacci11,890.4312,285.3812,529.3812,924.3313,319.2813,563.2813,958.23


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,746.4811,290.9812,072.8913,617.3914,399.3015,943.8016,725.71
Camarilla12,215.0412,428.2912,641.5512,854.8013,068.0513,281.3113,494.56
Woodie9,365.1911,100.3311,691.6013,426.7414,018.0115,753.1516,344.42
Fibonacci11,290.9812,179.6712,728.7013,617.3914,506.0815,055.1115,943.80

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): 32.44
MACD (12,26,9): -206.6700
Directional Movement: -19.89
AROON (14): -78.57
DEMA (21): 12,321.55
Parabolic SAR (0,02-0,02-0,2): 12,434.60
Elder Ray (13): -225.64
Super Trend (3,10): 12,721.67
Zig ZAG (10): 12,187.72
VORTEX (21): 0.6000
Stochastique (14,3,5): 6.92
TEMA (21): 12,210.53
Williams %R (14): -93.48
Chande Momentum Oscillator (20): -658.93
Repulse (5,40,3): -1.3100
ROCnROLL: 2
TRIX (15,9): -0.1800
Courbe Coppock: 8.47
MA7: 12,898.30
MA20: 13,426.41
MA50: 13,928.91
MA100: 14,548.51
MAexp7: 12,328.84
MAexp20: 12,571.93
MAexp50: 12,849.52
MAexp100: 13,166.47
Price / MA7: -5.51%
Price / MA20: -9.23%
Price / MA50: -12.50%
Price / MA100: -16.23%
Price / MAexp7: -1.14%
Price / MAexp20: -3.06%
Price / MAexp50: -5.15%
Price / MAexp100: -7.43%

Quotes : - 15 min delayed data - NASDAQ US Indices

News


Don't forget to follow the news on NASDAQ100 INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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