NASDAQ100 INDEX
NASDAQ100 INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 09/15/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 12,008.70 USD
My targets
11,756.00 USD (-1.55%)
11,459.64 USD (-4.04%)
My analysis
The bearish trend is currently very strong for NASDAQ100 INDEX. As long as the price remains below the resistance at 12,008.70 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 11,756.00 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 11,459.64 USD as an objective. Crossing it would then enable sellers to target 11,119.30 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.5

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 Vytautas. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NASDAQ100 INDEX rating 11,941.61 USD. The price registered a decrease of -1.59% on the session with the lowest point at 11,916.12 USD and the highest point at 12,153.34 USD. The deviation from the price is +0.21% for the low point and -1.74% for the high point.

11,916.12
12,153.34
11,941.61

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NASDAQ100 INDEX in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9,718.73 11,119.30 11,756.00 11,941.61 12,008.70 12,299.10 12,449.10
Change (%) -18.61% -6.89% -1.55% - +0.56% +2.99% +4.25%
Change -2,222.88 -822.31 -185.61 - +67.09 +357.49 +507.49
Level Intermediate Major Minor - Intermediate Intermediate Minor



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
Standard11,889.9811,953.2112,043.8012,107.0312,197.6212,260.8512,351.44
Camarilla12,092.1012,106.2012,120.3012,134.4012,148.5012,162.6012,176.70
Woodie11,903.6711,960.0512,057.4912,113.8712,211.3112,267.6912,365.13
Fibonacci11,953.2112,011.9712,048.2712,107.0312,165.7912,202.0912,260.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,459.6411,694.2212,141.2612,375.8412,822.8813,057.4613,504.50
Camarilla12,400.8512,463.3312,525.8112,588.2912,650.7712,713.2512,775.74
Woodie11,565.8611,747.3412,247.4812,428.9612,929.1013,110.5813,610.72
Fibonacci11,694.2211,954.6012,115.4612,375.8412,636.2212,797.0813,057.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,288.1711,264.5011,768.2612,744.5913,248.3514,224.6814,728.44
Camarilla11,865.0112,000.6812,136.3612,272.0312,407.7112,543.3812,679.06
Woodie10,051.9011,146.3611,531.9912,626.4513,012.0814,106.5414,492.17
Fibonacci11,264.5011,829.8912,179.1912,744.5913,309.9813,659.2814,224.68

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): 31.68
MACD (12,26,9): -112.5400
Directional Movement: -19.96
AROON (14): -85.72
DEMA (21): 12,021.27
Parabolic SAR (0,02-0,02-0,2): 12,157.12
Elder Ray (13): -142.76
Super Trend (3,10): 12,240.05
Zig ZAG (10): 11,940.54
VORTEX (21): 0.7800
Stochastique (14,3,5): 5.02
TEMA (21): 11,929.62
Williams %R (14): -94.92
Chande Momentum Oscillator (20): -203.19
Repulse (5,40,3): -0.8100
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 4.75
MA7: 12,288.31
MA20: 12,533.92
MA50: 12,621.10
MA100: 12,422.99
MAexp7: 12,019.73
MAexp20: 12,151.78
MAexp50: 12,269.46
MAexp100: 12,408.47
Price / MA7: -2.82%
Price / MA20: -4.73%
Price / MA50: -5.38%
Price / MA100: -3.87%
Price / MAexp7: -0.65%
Price / MAexp20: -1.73%
Price / MAexp50: -2.67%
Price / MAexp100: -3.76%

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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