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

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 12,299.10 USD

My targets

10,833.30 USD (-7.70%)

9,718.73 USD (-17.20%)

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 10,833.30 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9,718.73 USD. In case of crossing, the next objective would be the support located at 6,994.50 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.5

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

Additional analysis

Quotes

NASDAQ100 INDEX rating 11,736.93 USD. Over 5 days, this instrument lost -0.98% and has been traded over the last 5 days between 11,684.00 USD and 12,026.10 USD. This implies that the 5 day price is +0.45% from its lowest point and -2.40% from its highest point.

11,684.00

12,026.10

11,736.93

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.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 Weekly of this NASDAQ100 INDEX chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6,994.50	9,718.73	10,833.30	11,736.93	12,299.10	15,239.30	16,573.30
Change (%)	-40.41%	-17.20%	-7.70%	-	+4.79%	+29.84%	+41.21%
Change	-4,742.43	-2,018.20	-903.63	-	+562.17	+3,502.37	+4,836.37
Level	Major	Intermediate	Minor	-	Major	Major	Major

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
Standard	11,316.11	11,500.06	11,622.53	11,806.48	11,928.95	12,112.90	12,235.37
Camarilla	11,660.73	11,688.81	11,716.90	11,744.99	11,773.08	11,801.17	11,829.26
Woodie	11,285.36	11,484.69	11,591.78	11,791.11	11,898.20	12,097.53	12,204.62
Fibonacci	11,500.06	11,617.12	11,689.43	11,806.48	11,923.54	11,995.85	12,112.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,788.15	11,077.11	11,601.40	11,890.36	12,414.65	12,703.61	13,227.90
Camarilla	11,902.05	11,976.59	12,051.14	12,125.69	12,200.24	12,274.79	12,349.33
Woodie	10,905.82	11,135.94	11,719.07	11,949.19	12,532.32	12,762.44	13,345.57
Fibonacci	11,077.11	11,387.77	11,579.70	11,890.36	12,201.02	12,392.95	12,703.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,867.66	9,952.43	10,728.08	11,812.85	12,588.50	13,673.27	14,448.92
Camarilla	10,992.11	11,162.64	11,333.18	11,503.72	11,674.26	11,844.80	12,015.34
Woodie	8,713.09	9,875.15	10,573.51	11,735.57	12,433.93	13,595.99	14,294.35
Fibonacci	9,952.43	10,663.11	11,102.17	11,812.85	12,523.53	12,962.59	13,673.27

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):	39.09
MACD (12,26,9):	-777.3800
Directional Movement:	-20.20
AROON (14):	-71.43
DEMA (21):	11,797.02
Parabolic SAR (0,02-0,02-0,2):	12,939.40
Elder Ray (13):	-599.66
Super Trend (3,10):	13,899.90
Zig ZAG (10):	11,788.25
VORTEX (21):	0.8400
Stochastique (14,3,5):	20.92
TEMA (21):	11,358.73
Williams %R (14):	-76.72
Chande Momentum Oscillator (20):	-1,567.74
Repulse (5,40,3):	2.2400
ROCnROLL:	2
TRIX (15,9):	-0.7600
Courbe Coppock:	30.47

MA7:	11,887.82
MA20:	11,689.34
MA50:	12,099.33
MA100:	13,077.04
MAexp7:	11,989.19
MAexp20:	12,786.76
MAexp50:	13,554.59
MAexp100:	13,083.58
Price / MA7:	-1.27%
Price / MA20:	+0.41%
Price / MA50:	-3.00%
Price / MA100:	-10.25%
Price / MAexp7:	-2.10%
Price / MAexp20:	-8.21%
Price / MAexp50:	-13.41%
Price / MAexp100:	-10.29%

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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