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 - Daily - Technical analysis published on 07/13/2022 (GMT)

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  • Timeframe : Daily
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  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 12,299.10 USD
My targets
11,503.70 USD (-2.52%)
10,833.30 USD (-8.20%)
My analysis
The basic trend is very bearish on NASDAQ100 INDEX but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on NASDAQ100 INDEX. As long as you stay below the resistance 12,299.10 USD, sellers' retain the upper hand. A break in the support at 11,503.70 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 10,833.30 USD as an objective. Crossing it would then enable sellers to target 9,718.73 USD. If the price were to depress the resistance 12,299.10 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.4

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 ASHIQ ALI. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

NASDAQ100 INDEX rating 11,801.38 USD. The price has increased by +0.48% since the last closing and was traded between 11,498.96 USD and 11,819.69 USD over the period. The price is currently at +2.63% from its lowest and -0.15% from its highest.

11,498.96
11,819.69
11,801.38

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

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:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this NASDAQ100 INDEX chart shows a sharp 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.

The probability of a further increase is slight given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9,718.73 10,833.30 11,503.70 11,801.38 12,299.10 13,046.60 14,003.10
Change (%) -17.65% -8.20% -2.52% - +4.22% +10.55% +18.66%
Change -2,082.65 -968.08 -297.68 - +497.72 +1,245.22 +2,201.72
Level Intermediate Minor Major - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,316.1111,500.0611,622.5311,806.4811,928.9512,112.9012,235.37
Camarilla11,660.7311,688.8111,716.9011,744.9911,773.0811,801.1711,829.26
Woodie11,285.3611,484.6911,591.7811,791.1111,898.2012,097.5312,204.62
Fibonacci11,500.0611,617.1211,689.4311,806.4811,923.5411,995.8512,112.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,788.1511,077.1111,601.4011,890.3612,414.6512,703.6113,227.90
Camarilla11,902.0511,976.5912,051.1412,125.6912,200.2412,274.7912,349.33
Woodie10,905.8211,135.9411,719.0711,949.1912,532.3212,762.4413,345.57
Fibonacci11,077.1111,387.7711,579.7011,890.3612,201.0212,392.9512,703.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,867.669,952.4310,728.0811,812.8512,588.5013,673.2714,448.92
Camarilla10,992.1111,162.6411,333.1811,503.7211,674.2611,844.8012,015.34
Woodie8,713.099,875.1510,573.5111,735.5712,433.9313,595.9914,294.35
Fibonacci9,952.4310,663.1111,102.1711,812.8512,523.5312,962.5913,673.27

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.42
MACD (12,26,9): -81.9400
Directional Movement: -6.86
AROON (14): 35.71
DEMA (21): 11,702.41
Parabolic SAR (0,02-0,02-0,2): 12,179.32
Elder Ray (13): -163.87
Super Trend (3,10): 12,376.80
Zig ZAG (10): 11,788.90
VORTEX (21): 0.8900
Stochastique (14,3,5): 55.36
TEMA (21): 11,844.12
Williams %R (14): -46.17
Chande Momentum Oscillator (20): -323.72
Repulse (5,40,3): 2.1000
ROCnROLL: 2
TRIX (15,9): -0.1600
Courbe Coppock: 4.93
MA7: 11,892.13
MA20: 11,691.72
MA50: 12,100.34
MA100: 13,077.56
MAexp7: 11,832.43
MAexp20: 11,852.46
MAexp50: 12,242.37
MAexp100: 12,929.52
Price / MA7: -0.76%
Price / MA20: +0.94%
Price / MA50: -2.47%
Price / MA100: -9.76%
Price / MAexp7: -0.26%
Price / MAexp20: -0.43%
Price / MAexp50: -3.60%
Price / MAexp100: -8.73%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

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