NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 01/25/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

39%

My opinion

Bullish above 11,500.40 USD

My targets

11,756.00 USD (+1.34%)

11,923.40 USD (+2.79%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 11,500.40 USD remains possible. It is advisable to trade NASDAQ100 INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 11,500.40 USD. The next bullish objective for buyers is set at 11,756.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11,923.40 USD. If there is any crossing, the next objective would be the resistance located at 12,035.80 USD. PS: if there is a bearish break in the support located at 11,500.40 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.7

Comment on the analysis

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 hillswick1. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 11,600.11 USD. The price registered a decrease of -2.08% on the session and was between 11,563.59 USD and 11,664.40 USD. This implies that the price is at +0.32% from its lowest and at -0.55% from its highest.

11,563.59

11,664.40

11,600.11

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

Technical

Technical analysis of NASDAQ100 INDEX in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,127.60	11,295.10	11,500.40	11,600.11	11,756.00	11,923.40	12,035.80
Change (%)	-4.07%	-2.63%	-0.86%	-	+1.34%	+2.79%	+3.76%
Change	-472.51	-305.01	-99.71	-	+155.89	+323.29	+435.69
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,678.72	11,729.39	11,788.02	11,838.69	11,897.32	11,947.99	12,006.62
Camarilla	11,816.58	11,826.60	11,836.62	11,846.64	11,856.66	11,866.68	11,876.70
Woodie	11,682.69	11,731.38	11,791.99	11,840.68	11,901.29	11,949.98	12,010.59
Fibonacci	11,729.39	11,771.15	11,796.94	11,838.69	11,880.45	11,906.24	11,947.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,912.23	11,082.08	11,350.56	11,520.41	11,788.89	11,958.74	12,227.22
Camarilla	11,498.49	11,538.67	11,578.85	11,619.03	11,659.21	11,699.39	11,739.57
Woodie	10,961.54	11,106.74	11,399.87	11,545.07	11,838.20	11,983.40	12,276.53
Fibonacci	11,082.08	11,249.53	11,352.97	11,520.41	11,687.86	11,791.30	11,958.74

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,856.61	9,763.90	10,351.83	11,259.12	11,847.05	12,754.34	13,342.27
Camarilla	10,528.58	10,665.64	10,802.70	10,939.76	11,076.82	11,213.88	11,350.95
Woodie	8,696.93	9,684.06	10,192.15	11,179.28	11,687.37	12,674.50	13,182.59
Fibonacci	9,763.90	10,335.07	10,687.95	11,259.12	11,830.29	12,183.17	12,754.34

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):	44.47
MACD (12,26,9):	81.3700
Directional Movement:	-12.39
AROON (14):	-71.43
DEMA (21):	11,855.24
Parabolic SAR (0,02-0,02-0,2):	11,903.02
Elder Ray (13):	-147.16
Super Trend (3,10):	11,881.71
Zig ZAG (10):	11,606.49
VORTEX (21):	1.2200
Stochastique (14,3,5):	53.23
TEMA (21):	11,852.74
Williams %R (14):	-99.43
Chande Momentum Oscillator (20):	-307.85
Repulse (5,40,3):	-0.5700
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	1.18

MA7:	11,595.51
MA20:	11,244.80
MA50:	11,452.35
MA100:	11,449.17
MAexp7:	11,725.02
MAexp20:	11,740.89
MAexp50:	11,587.03
MAexp100:	11,441.38
Price / MA7:	+0.04%
Price / MA20:	+3.16%
Price / MA50:	+1.29%
Price / MA100:	+1.32%
Price / MAexp7:	-1.07%
Price / MAexp20:	-1.20%
Price / MAexp50:	+0.11%
Price / MAexp100:	+1.39%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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