NASDAQ100 INDEX - 1H - Technical analysis published on 08/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 13,046.60 USD
My targets
13,522.50 USD (+2.03%)
14,003.10 USD (+5.66%)
My analysis
NASDAQ100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13,046.60 USD. The next resistance located at 13,522.50 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14,003.10 USD. After this resistance, buyers could then target 15,239.30 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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Additional analysis
Quotes
The NASDAQ100 INDEX price is 13,253.26 USD. On the day, this instrument gained +2.73% with the lowest point at 12,974.85 USD and the highest point at 13,289.19 USD. The deviation from the price is +2.15% for the low point and -0.27% for the high point.12,974.85
13,289.19
13,253.26
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NASDAQ100 INDEX in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,837.20 | 12,299.10 | 13,046.60 | 13,253.26 | 13,522.50 | 14,003.10 | 15,239.30 |
| Change (%) | -10.68% | -7.20% | -1.56% | - | +2.03% | +5.66% | +14.99% |
| Change | -1,416.06 | -954.16 | -206.66 | - | +269.24 | +749.84 | +1,986.04 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Intermediate |
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 | 12,741.34 | 12,858.09 | 13,055.68 | 13,172.43 | 13,370.02 | 13,486.77 | 13,684.36 |
| Camarilla | 13,166.82 | 13,195.63 | 13,224.45 | 13,253.26 | 13,282.08 | 13,310.89 | 13,339.70 |
| Woodie | 12,781.75 | 12,878.30 | 13,096.09 | 13,192.64 | 13,410.43 | 13,506.98 | 13,724.77 |
| Fibonacci | 12,858.09 | 12,978.17 | 13,052.36 | 13,172.43 | 13,292.51 | 13,366.70 | 13,486.77 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.44 | |
| MACD (12,26,9): | 130.6500 | |
| Directional Movement: | 22.33 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 13,225.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,006.73 | |
| Elder Ray (13): | 146.12 | |
| Super Trend (3,10): | 13,011.88 | |
| Zig ZAG (10): | 13,253.26 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 95.83 | |
| TEMA (21): | 13,244.24 | |
| Williams %R (14): | -7.48 | |
| Chande Momentum Oscillator (20): | 302.91 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 3.42 |
| MA7: | 12,778.55 | |
| MA20: | 12,334.07 | |
| MA50: | 12,110.79 | |
| MA100: | 12,867.98 | |
| MAexp7: | 13,191.15 | |
| MAexp20: | 13,053.70 | |
| MAexp50: | 12,820.26 | |
| MAexp100: | 12,557.43 | |
| Price / MA7: | +3.71% | |
| Price / MA20: | +7.45% | |
| Price / MA50: | +9.43% | |
| Price / MA100: | +2.99% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +1.53% | |
| Price / MAexp50: | +3.38% | |
| Price / MAexp100: | +5.54% |
Quotes :
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15 min delayed data
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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:
-
Nasdaq 100 Close to Flipping to Bull Market Despite Recession Fears, BOE and NFPs Ahead
-
NASDAQ 100 Forecast August 4, 2022
-
“Buzz on the Street” Show: E-Home Household Service Holdings (NASDAQ: EJH) to Test Robot Cleaners
-
NASDAQ 100 Forecast August 3, 2022
-
NASDAQ 100 Forecast July 29, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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