NASDAQ100 INDEX - 1H - Technical analysis published on 09/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 11,470.70 USD
My targets
11,119.30 USD (-1.35%)
10,621.61 USD (-5.77%)
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 11,470.70 USD. The sellers' bearish objective is set at 11,119.30 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10,621.61 USD. In case of crossing, the next objective would be the support located at 9,718.73 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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Additional analysis
Quotes
NASDAQ100 INDEX rating 11,271.75 USD. The price has increased by +0.16% since the last closing and was traded between 11,175.29 USD and 11,502.38 USD over the period. The price is currently at +0.86% from its lowest and -2.01% from its highest.11,175.29
11,502.38
11,271.75
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NASDAQ100 INDEX chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,988.87 | 9,718.73 | 11,119.30 | 11,271.75 | 11,470.70 | 11,756.00 | 12,299.10 |
| Change (%) | -38.00% | -13.78% | -1.35% | - | +1.77% | +4.30% | +9.11% |
| Change | -4,282.88 | -1,553.02 | -152.45 | - | +198.95 | +484.25 | +1,027.35 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Intermediate |
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 | 10,803.48 | 10,989.38 | 11,130.57 | 11,316.47 | 11,457.66 | 11,643.56 | 11,784.75 |
| Camarilla | 11,181.80 | 11,211.78 | 11,241.77 | 11,271.75 | 11,301.73 | 11,331.72 | 11,361.70 |
| Woodie | 10,781.12 | 10,978.20 | 11,108.21 | 11,305.29 | 11,435.30 | 11,632.38 | 11,762.39 |
| Fibonacci | 10,989.38 | 11,114.33 | 11,191.53 | 11,316.47 | 11,441.42 | 11,518.62 | 11,643.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,073.57 | 10,621.61 | 10,966.43 | 11,514.47 | 11,859.29 | 12,407.33 | 12,752.15 |
| Camarilla | 11,065.70 | 11,147.55 | 11,229.40 | 11,311.24 | 11,393.09 | 11,474.93 | 11,556.78 |
| Woodie | 9,971.95 | 10,570.81 | 10,864.81 | 11,463.67 | 11,757.67 | 12,356.53 | 12,650.53 |
| Fibonacci | 10,621.61 | 10,962.69 | 11,173.40 | 11,514.47 | 11,855.55 | 12,066.26 | 12,407.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,288.17 | 11,264.50 | 11,768.26 | 12,744.59 | 13,248.35 | 14,224.68 | 14,728.44 |
| Camarilla | 11,865.01 | 12,000.68 | 12,136.36 | 12,272.03 | 12,407.71 | 12,543.38 | 12,679.06 |
| Woodie | 10,051.90 | 11,146.36 | 11,531.99 | 12,626.45 | 13,012.08 | 14,106.54 | 14,492.17 |
| Fibonacci | 11,264.50 | 11,829.89 | 12,179.19 | 12,744.59 | 13,309.98 | 13,659.28 | 14,224.68 |
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): | 42.56 | |
| MACD (12,26,9): | -84.7800 | |
| Directional Movement: | -7.23 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 11,223.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,483.15 | |
| Elder Ray (13): | -49.41 | |
| Super Trend (3,10): | 11,534.51 | |
| Zig ZAG (10): | 11,271.75 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 24.51 | |
| TEMA (21): | 11,244.97 | |
| Williams %R (14): | -70.51 | |
| Chande Momentum Oscillator (20): | -127.44 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 0.48 |
| MA7: | 11,540.19 | |
| MA20: | 11,982.30 | |
| MA50: | 12,569.94 | |
| MA100: | 12,293.78 | |
| MAexp7: | 11,282.28 | |
| MAexp20: | 11,346.87 | |
| MAexp50: | 11,546.18 | |
| MAexp100: | 11,815.09 | |
| Price / MA7: | -2.33% | |
| Price / MA20: | -5.93% | |
| Price / MA50: | -10.33% | |
| Price / MA100: | -8.31% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | -2.38% | |
| Price / MAexp100: | -4.60% |
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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SPX and Nasdaq Grind Support as USD, Treasuries Scream Panic
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NASDAQ 100 Forecast September 23, 2022
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S&P 500, Dow Jones, Nasdaq 100 Outlook: New Lows and Fear Needed for Bottom
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NASDAQ 100 Forecast September 22, 2022
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This member declared not having a position on this financial instrument or a related financial instrument.
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