NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - Daily - Technical analysis published on 05/12/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

78%

My opinion

Bearish under 12,299.10 USD

My targets

11,290.98 USD (-5.65%)

10,833.30 USD (-9.48%)

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 11,290.98 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. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

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

Additional analysis

Quotes

NASDAQ100 INDEX rating 11,967.56 USD. The price registered a decrease of -3.06% on the session and was traded between 11,939.09 USD and 12,470.89 USD over the period. The price is currently at +0.24% from its lowest and -4.04% from its highest.

11,939.09

12,470.89

11,967.56

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of NASDAQ100 INDEX indicates that the overall trend is strongly bearish. 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, 14 technical indicators on 18 studied are currently positioned bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6,994.50	9,718.73	10,833.30	11,967.56	12,299.10	13,046.60	14,472.10
Change (%)	-41.55%	-18.79%	-9.48%	-	+2.77%	+9.02%	+20.93%
Change	-4,973.06	-2,248.83	-1,134.26	-	+331.54	+1,079.04	+2,504.54
Level	Major	Intermediate	Minor	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,249.00	11,594.05	11,780.80	12,125.85	12,312.60	12,657.65	12,844.40
Camarilla	11,821.32	11,870.06	11,918.81	11,967.56	12,016.31	12,065.06	12,113.81
Woodie	11,169.86	11,554.48	11,701.66	12,086.28	12,233.46	12,618.08	12,765.26
Fibonacci	11,594.05	11,797.19	11,922.70	12,125.85	12,328.99	12,454.50	12,657.65

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):	32.44
MACD (12,26,9):	-495.2500
Directional Movement:	-17.13
AROON (14):	-100.00
DEMA (21):	12,534.19
Parabolic SAR (0,02-0,02-0,2):	13,354.78
Elder Ray (13):	-650.58
Super Trend (3,10):	13,573.55
Zig ZAG (10):	11,967.56
VORTEX (21):	0.7200
Stochastique (14,3,5):	4.58
TEMA (21):	12,241.28
Williams %R (14):	-98.44
Chande Momentum Oscillator (20):	-1,565.67
Repulse (5,40,3):	-6.6200
ROCnROLL:	2
TRIX (15,9):	-0.3900
Courbe Coppock:	17.61

MA7:	12,667.26
MA20:	13,245.56
MA50:	13,850.30
MA100:	14,470.11
MAexp7:	12,528.67
MAexp20:	13,130.32
MAexp50:	13,740.84
MAexp100:	14,227.12
Price / MA7:	-5.52%
Price / MA20:	-9.65%
Price / MA50:	-13.59%
Price / MA100:	-17.29%
Price / MAexp7:	-4.48%
Price / MAexp20:	-8.86%
Price / MAexp50:	-12.91%
Price / MAexp100:	-15.88%

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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