NASDAQ100 INDEX - 1H - Technical analysis published on 08/24/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 13,033.80 USD
My targets
12,662.90 USD (-1.70%)
12,299.10 USD (-4.52%)
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 13,033.80 USD. The sellers' bearish objective is set at 12,662.90 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12,299.10 USD. In case of crossing, the next objective would be the support located at 12,051.20 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.4
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Additional analysis
Quotes
NASDAQ100 INDEX rating 12,881.79 USD. On the day, this instrument lost -0.07% and was between 12,852.70 USD and 13,000.71 USD. This implies that the price is at +0.23% from its lowest and at -0.91% from its highest.12,852.70
13,000.71
12,881.79
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 sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bearish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 12,051.20 | 12,299.10 | 12,662.90 | 12,881.79 | 13,033.80 | 13,392.50 | 13,667.20 |
| Change (%) | -6.45% | -4.52% | -1.70% | - | +1.18% | +3.96% | +6.10% |
| Change | -830.59 | -582.69 | -218.89 | - | +152.01 | +510.71 | +785.41 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Major |
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 | 12,674.75 | 12,763.72 | 12,822.76 | 12,911.73 | 12,970.77 | 13,059.74 | 13,118.78 |
| Camarilla | 12,841.09 | 12,854.66 | 12,868.22 | 12,881.79 | 12,895.36 | 12,908.93 | 12,922.49 |
| Woodie | 12,659.78 | 12,756.24 | 12,807.79 | 12,904.25 | 12,955.80 | 13,052.26 | 13,103.81 |
| Fibonacci | 12,763.72 | 12,820.26 | 12,855.19 | 12,911.73 | 12,968.27 | 13,003.20 | 13,059.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,552.09 | 12,881.45 | 13,062.18 | 13,391.54 | 13,572.27 | 13,901.63 | 14,082.36 |
| Camarilla | 13,102.63 | 13,149.38 | 13,196.14 | 13,242.90 | 13,289.66 | 13,336.42 | 13,383.18 |
| Woodie | 12,477.77 | 12,844.29 | 12,987.86 | 13,354.38 | 13,497.95 | 13,864.47 | 14,008.04 |
| Fibonacci | 12,881.45 | 13,076.31 | 13,196.69 | 13,391.54 | 13,586.40 | 13,706.78 | 13,901.63 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 29.48 | |
| MACD (12,26,9): | -130.6500 | |
| Directional Movement: | -17.47 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 12,853.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,941.32 | |
| Elder Ray (13): | -59.18 | |
| Super Trend (3,10): | 13,103.64 | |
| Zig ZAG (10): | 12,881.79 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 13.70 | |
| TEMA (21): | 12,803.22 | |
| Williams %R (14): | -86.80 | |
| Chande Momentum Oscillator (20): | -52.73 | |
| Repulse (5,40,3): | -0.3600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 4.46 |
| MA7: | 13,327.78 | |
| MA20: | 13,178.98 | |
| MA50: | 12,367.79 | |
| MA100: | 12,724.16 | |
| MAexp7: | 12,910.67 | |
| MAexp20: | 13,028.47 | |
| MAexp50: | 13,191.36 | |
| MAexp100: | 13,162.00 | |
| Price / MA7: | -3.35% | |
| Price / MA20: | -2.26% | |
| Price / MA50: | +4.16% | |
| Price / MA100: | +1.24% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -1.13% | |
| Price / MAexp50: | -2.35% | |
| Price / MAexp100: | -2.13% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:
-
NASDAQ 100 Forecast August 24, 2022
-
“Buzz on the Street” Show: E-Home Household Service Holdings (NASDAQ: EJH) Operational Metrics
-
NASDAQ 100 Forecast August 19, 2022
-
“The Buzz'' Show: Plus Therapeutics (NASDAQ: PSTV) Awarded USD 17.6 Million from State of Texas
-
NASDAQ 100 Forecast August 16, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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