NASDAQ100 INDEX - 1H - Technical analysis published on 08/02/2022 (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 bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 12,662.90 USD
My targets
13,046.60 USD (+0.57%)
13,597.37 USD (+4.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 INDEX as long as the price remains well above 12,662.90 USD. The buyers' bullish objective is set at 13,046.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13,597.37 USD. If there is any crossing, the next objective would be the resistance located at 14,003.10 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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Additional analysis
Quotes
The NASDAQ100 INDEX rating is 12,973.26 USD. On the day, this instrument gained +0.25% and was between 12,809.01 USD and 13,073.27 USD. This implies that the price is at +1.28% from its lowest and at -0.76% from its highest.12,809.01
13,073.27
12,973.26
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,837.20 | 12,299.10 | 12,662.90 | 12,973.26 | 13,046.60 | 14,003.10 | 15,239.30 |
| Change (%) | -8.76% | -5.20% | -2.39% | - | +0.57% | +7.94% | +17.47% |
| Change | -1,136.06 | -674.16 | -310.36 | - | +73.34 | +1,029.84 | +2,266.04 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,569.64 | 12,701.40 | 12,821.09 | 12,952.85 | 13,072.54 | 13,204.30 | 13,323.99 |
| Camarilla | 12,871.63 | 12,894.68 | 12,917.73 | 12,940.78 | 12,963.83 | 12,986.88 | 13,009.93 |
| Woodie | 12,563.61 | 12,698.38 | 12,815.06 | 12,949.83 | 13,066.51 | 13,201.28 | 13,317.96 |
| Fibonacci | 12,701.40 | 12,797.45 | 12,856.80 | 12,952.85 | 13,048.90 | 13,108.25 | 13,204.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,401.81 | 11,726.51 | 12,337.24 | 12,661.94 | 13,272.67 | 13,597.37 | 14,208.10 |
| Camarilla | 12,690.73 | 12,776.48 | 12,862.22 | 12,947.97 | 13,033.72 | 13,119.47 | 13,205.21 |
| Woodie | 11,544.83 | 11,798.02 | 12,480.26 | 12,733.45 | 13,415.69 | 13,668.88 | 14,351.12 |
| Fibonacci | 11,726.51 | 12,083.84 | 12,304.61 | 12,661.94 | 13,019.27 | 13,240.04 | 13,597.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,259.91 | 10,812.99 | 11,880.48 | 12,433.56 | 13,501.05 | 14,054.13 | 15,121.62 |
| Camarilla | 12,502.31 | 12,650.87 | 12,799.42 | 12,947.97 | 13,096.52 | 13,245.08 | 13,393.63 |
| Woodie | 10,517.12 | 10,941.59 | 12,137.69 | 12,562.16 | 13,758.26 | 14,182.73 | 15,378.83 |
| Fibonacci | 10,812.99 | 11,432.05 | 11,814.50 | 12,433.56 | 13,052.62 | 13,435.07 | 14,054.13 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.89 | |
| MACD (12,26,9): | 94.2600 | |
| Directional Movement: | 4.73 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 13,031.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,819.48 | |
| Elder Ray (13): | -12.39 | |
| Super Trend (3,10): | 12,776.01 | |
| Zig ZAG (10): | 12,939.17 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 58.01 | |
| TEMA (21): | 13,017.74 | |
| Williams %R (14): | -50.05 | |
| Chande Momentum Oscillator (20): | -26.82 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 0.97 |
| MA7: | 12,654.76 | |
| MA20: | 12,266.15 | |
| MA50: | 12,083.29 | |
| MA100: | 12,871.79 | |
| MAexp7: | 12,958.81 | |
| MAexp20: | 12,891.65 | |
| MAexp50: | 12,687.23 | |
| MAexp100: | 12,453.04 | |
| Price / MA7: | +2.52% | |
| Price / MA20: | +5.76% | |
| Price / MA50: | +7.37% | |
| Price / MA100: | +0.79% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.63% | |
| Price / MAexp50: | +2.25% | |
| Price / MAexp100: | +4.18% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
-
NASDAQ 100 Forecast July 29, 2022
-
“Buzz on the Street” Show: E-Home Household Service Holdings (NASDAQ: EJH) MOU to Acquire Chuangying
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"Behind the Buzz" Show: Atomic Wings Interview from The Nasdaq MarketSite
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“Buzz on the Street” Show: E-Home Household Service Holdings (NASDAQ: EJH) Supplies for Medicine
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NASDAQ 100 Forecast July 26, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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