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 01/27/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 12,035.80 USD

My targets

12,299.10 USD (+1.62%)

12,754.34 USD (+5.38%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 INDEX as long as the price remains well above 12,035.80 USD. The buyers' bullish objective is set at 12,299.10 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12,754.34 USD. If there is any crossing, the next objective would be the resistance located at 12,885.30 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.9

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 12,102.88 USD. The price registered an increase of +0.43% on the session and was traded between 11,999.87 USD and 12,132.38 USD over the period. The price is currently at +0.86% from its lowest and -0.24% from its highest.

11,999.87

12,132.38

12,102.88

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.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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 strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

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	11,500.40	11,918.90	12,035.80	12,102.88	12,299.10	12,885.30	13,311.00
Change (%)	-4.98%	-1.52%	-0.55%	-	+1.62%	+6.46%	+9.98%
Change	-602.48	-183.98	-67.08	-	+196.22	+782.42	+1,208.12
Level	Intermediate	Minor	Intermediate	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,715.52	11,784.45	11,917.96	11,986.89	12,120.40	12,189.33	12,322.84
Camarilla	11,995.81	12,014.37	12,032.92	12,051.48	12,070.04	12,088.59	12,107.15
Woodie	11,747.82	11,800.60	11,950.26	12,003.04	12,152.70	12,205.48	12,355.14
Fibonacci	11,784.45	11,861.78	11,909.56	11,986.89	12,064.22	12,112.00	12,189.33

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):	71.10
MACD (12,26,9):	100.1500
Directional Movement:	25.97
AROON (14):	100.00
DEMA (21):	12,019.35
Parabolic SAR (0,02-0,02-0,2):	11,713.26
Elder Ray (13):	147.04
Super Trend (3,10):	11,849.01
Zig ZAG (10):	12,103.90
VORTEX (21):	1.1600
Stochastique (14,3,5):	96.31
TEMA (21):	12,049.77
Williams %R (14):	-5.32
Chande Momentum Oscillator (20):	411.14
Repulse (5,40,3):	1.1800
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	4.55

MA7:	11,801.88
MA20:	11,386.80
MA50:	11,468.55
MA100:	11,448.78
MAexp7:	12,014.21
MAexp20:	11,893.39
MAexp50:	11,728.91
MAexp100:	11,557.59
Price / MA7:	+2.55%
Price / MA20:	+6.29%
Price / MA50:	+5.53%
Price / MA100:	+5.71%
Price / MAexp7:	+0.74%
Price / MAexp20:	+1.76%
Price / MAexp50:	+3.19%
Price / MAexp100:	+4.72%

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.

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