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 01/26/2023 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 11,756.00 USD

My targets

11,918.90 USD (+0.88%)

12,035.80 USD (+1.87%)

My analysis

NASDAQ100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11,756.00 USD. The next resistance located at 11,918.90 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 12,035.80 USD. After this resistance, buyers could then target 12,299.10 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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

NASDAQ100 INDEX rating 11,814.69 USD. The price is lower by -0.27% since the last closing and was between 11,550.07 USD and 11,841.81 USD. This implies that the price is at +2.29% from its lowest and at -0.23% from its highest.

11,550.07

11,841.81

11,814.69

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 this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 11 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent 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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,295.10	11,500.40	11,756.00	11,814.69	11,918.90	12,035.80	12,299.10
Change (%)	-4.40%	-2.66%	-0.50%	-	+0.88%	+1.87%	+4.10%
Change	-519.59	-314.29	-58.69	-	+104.21	+221.11	+484.41
Level	Intermediate	Minor	Intermediate	-	Intermediate	Major	Major

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
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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.96
MACD (12,26,9):	44.4800
Directional Movement:	7.28
AROON (14):	-57.15
DEMA (21):	11,808.64
Parabolic SAR (0,02-0,02-0,2):	11,550.07
Elder Ray (13):	51.89
Super Trend (3,10):	11,833.74
Zig ZAG (10):	11,814.69
VORTEX (21):	1.1800
Stochastique (14,3,5):	70.76
TEMA (21):	11,786.12
Williams %R (14):	-22.01
Chande Momentum Oscillator (20):	-53.42
Repulse (5,40,3):	0.9100
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	1.59

MA7:	11,630.86
MA20:	11,254.28
MA50:	11,455.95
MA100:	11,451.02
MAexp7:	11,764.42
MAexp20:	11,738.48
MAexp50:	11,616.72
MAexp100:	11,472.93
Price / MA7:	+1.58%
Price / MA20:	+4.98%
Price / MA50:	+3.13%
Price / MA100:	+3.18%
Price / MAexp7:	+0.43%
Price / MAexp20:	+0.65%
Price / MAexp50:	+1.70%
Price / MAexp100:	+2.98%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

Don't forget to follow the news on NASDAQ100 INDEX. At the time of publication of this analysis, the latest news was as follows:

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

About author

Londinia AI

Online

Overall rating :

15111

Number of analyses :

72939

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…