NASDAQ100 INDEX
NASDAQ100 INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
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Type: Indices
Ticker: NDX
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NASDAQ100 INDEX - Daily - Technical analysis published on 08/16/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 13,033.80 USD
My targets
14,003.10 USD (+2.46%)
14,501.10 USD (+6.10%)
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 13,033.80 USD. The buyers' bullish objective is set at 14,003.10 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,501.10 USD. If there is any crossing, the next objective would be the resistance located at 15,239.30 USD.

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
7.1

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

Additional analysis

Quotes

The NASDAQ100 INDEX price is 13,667.18 USD. The price has increased by +0.75% since the last closing and was traded between 13,524.53 USD and 13,685.65 USD over the period. The price is currently at +1.05% from its lowest and -0.13% from its highest.

13,524.53
13,685.65
13,667.18

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this NASDAQ100 INDEX chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11,756.00 12,299.10 13,033.80 13,667.18 14,003.10 14,501.10 15,239.30
Change (%) -13.98% -10.01% -4.63% - +2.46% +6.10% +11.50%
Change -1,911.18 -1,368.08 -633.38 - +335.92 +833.92 +1,572.12
Level Minor Major Major - 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
Standard13,404.8013,464.6713,565.9213,625.7913,727.0413,786.9113,888.16
Camarilla13,622.8713,637.6413,652.4113,667.1813,681.9513,696.7213,711.49
Woodie13,425.5013,475.0213,586.6213,636.1413,747.7413,797.2613,908.86
Fibonacci13,464.6713,526.2213,564.2413,625.7913,687.3413,725.3613,786.91


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,532.0912,738.8413,152.3613,359.1113,772.6313,979.3814,392.90
Camarilla13,395.3013,452.1513,509.0113,565.8713,622.7313,679.5913,736.44
Woodie12,635.4712,790.5313,255.7413,410.8013,876.0114,031.0714,496.28
Fibonacci12,738.8412,975.7913,122.1713,359.1113,596.0613,742.4413,979.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,259.9110,812.9911,880.4812,433.5613,501.0514,054.1315,121.62
Camarilla12,502.3112,650.8712,799.4212,947.9713,096.5213,245.0813,393.63
Woodie10,517.1210,941.5912,137.6912,562.1613,758.2614,182.7315,378.83
Fibonacci10,812.9911,432.0511,814.5012,433.5613,052.6213,435.0714,054.13

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): 68.94
MACD (12,26,9): 365.7100
Directional Movement: 23.28
AROON (14): 100.00
DEMA (21): 13,405.69
Parabolic SAR (0,02-0,02-0,2): 12,982.11
Elder Ray (13): 447.68
Super Trend (3,10): 12,774.44
Zig ZAG (10): 13,667.18
VORTEX (21): 1.1600
Stochastique (14,3,5): 93.73
TEMA (21): 13,645.43
Williams %R (14): -1.29
Chande Momentum Oscillator (20): 949.31
Repulse (5,40,3): 1.9800
ROCnROLL: 1
TRIX (15,9): 0.3800
Courbe Coppock: 15.66
MA7: 13,325.48
MA20: 12,903.63
MA50: 12,266.79
MA100: 12,820.54
MAexp7: 13,368.33
MAexp20: 12,953.80
MAexp50: 12,638.43
MAexp100: 12,893.83
Price / MA7: +2.56%
Price / MA20: +5.92%
Price / MA50: +11.42%
Price / MA100: +6.60%
Price / MAexp7: +2.24%
Price / MAexp20: +5.51%
Price / MAexp50: +8.14%
Price / MAexp100: +6.00%

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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