NASDAQ100 INDEX - 1H - Technical analysis published on 08/16/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 13,555.40 USD
My targets
14,003.10 USD (+2.46%)
14,501.10 USD (+6.10%)
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 13,555.40 USD. The next resistance located at 14,003.10 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 14,501.10 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
The NASDAQ100 INDEX rating is 13,667.18 USD. The price has increased by +0.75% since the last closing and was between 13,524.53 USD and 13,685.65 USD. This implies that the price is at +1.05% from its lowest and at -0.13% from its highest.13,524.53
13,685.65
13,667.18
Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:
Technical
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 12,299.10 | 13,033.80 | 13,555.40 | 13,667.18 | 14,003.10 | 14,501.10 | 15,239.30 |
| Change (%) | -10.01% | -4.63% | -0.82% | - | +2.46% | +6.10% | +11.50% |
| Change | -1,368.08 | -633.38 | -111.78 | - | +335.92 | +833.92 | +1,572.12 |
| Level | Major | Major | Minor | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,404.80 | 13,464.67 | 13,565.92 | 13,625.79 | 13,727.04 | 13,786.91 | 13,888.16 |
| Camarilla | 13,622.87 | 13,637.64 | 13,652.41 | 13,667.18 | 13,681.95 | 13,696.72 | 13,711.49 |
| Woodie | 13,425.50 | 13,475.02 | 13,586.62 | 13,636.14 | 13,747.74 | 13,797.26 | 13,908.86 |
| Fibonacci | 13,464.67 | 13,526.22 | 13,564.24 | 13,625.79 | 13,687.34 | 13,725.36 | 13,786.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,532.09 | 12,738.84 | 13,152.36 | 13,359.11 | 13,772.63 | 13,979.38 | 14,392.90 |
| Camarilla | 13,395.30 | 13,452.15 | 13,509.01 | 13,565.87 | 13,622.73 | 13,679.59 | 13,736.44 |
| Woodie | 12,635.47 | 12,790.53 | 13,255.74 | 13,410.80 | 13,876.01 | 14,031.07 | 14,496.28 |
| Fibonacci | 12,738.84 | 12,975.79 | 13,122.17 | 13,359.11 | 13,596.06 | 13,742.44 | 13,979.38 |
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): | 69.95 | |
| MACD (12,26,9): | 104.3400 | |
| Directional Movement: | 25.51 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 13,644.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,448.83 | |
| Elder Ray (13): | 103.47 | |
| Super Trend (3,10): | 13,488.65 | |
| Zig ZAG (10): | 13,667.18 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 96.68 | |
| TEMA (21): | 13,680.59 | |
| Williams %R (14): | -5.37 | |
| Chande Momentum Oscillator (20): | 254.88 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.77 |
| MA7: | 13,325.48 | |
| MA20: | 12,903.63 | |
| MA50: | 12,266.79 | |
| MA100: | 12,820.54 | |
| MAexp7: | 13,622.12 | |
| MAexp20: | 13,511.54 | |
| MAexp50: | 13,340.00 | |
| MAexp100: | 13,096.65 | |
| Price / MA7: | +2.56% | |
| Price / MA20: | +5.92% | |
| Price / MA50: | +11.42% | |
| Price / MA100: | +6.60% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +1.15% | |
| Price / MAexp50: | +2.45% | |
| Price / MAexp100: | +4.36% |
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:
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NASDAQ 100 Forecast August 16, 2022
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“Buzz on the Street” Show: Nemaura Medical (NASDAQ: NMRD) First Quarter 2023 Financial Results
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NASDAQ 100 Forecast August 15, 2022
-
NASDAQ100 Forecast August 12, 2022
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NASDAQ 100 Forecast August 10, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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