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 10/25/2023 (GMT)

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 14,691.70 USD

My targets

14,116.79 USD (-2.33%)

13,667.20 USD (-5.44%)

My analysis

NASDAQ100 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14,691.70 USD. The next support located at 14,116.79 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 13,667.20 USD. Below this support, sellers could then target 12,818.17 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.9

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

Additional analysis

Quotes

The NASDAQ100 INDEX price is 14,454.01 USD. The price is lower by -1.98% since the last closing with the lowest point at 14,448.16 USD and the highest point at 14,643.69 USD. The deviation from the price is +0.04% for the low point and -1.30% for the high point.

14,448.16

14,643.69

14,454.01

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

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

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. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

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 detector scanner for these technical indicators recently detected a signal:

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.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,359.81	12,818.17	13,667.20	14,454.01	14,472.10	14,691.70	14,899.92
Change (%)	-14.49%	-11.32%	-5.44%	-	+0.13%	+1.64%	+3.09%
Change	-2,094.20	-1,635.84	-786.81	-	+18.09	+237.69	+445.91
Level	Intermediate	Minor	Intermediate	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,482.24	14,546.28	14,646.07	14,710.11	14,809.90	14,873.94	14,973.73
Camarilla	14,700.80	14,715.82	14,730.83	14,745.85	14,760.87	14,775.89	14,790.90
Woodie	14,500.11	14,555.22	14,663.94	14,719.05	14,827.77	14,882.88	14,991.60
Fibonacci	14,546.28	14,608.87	14,647.53	14,710.11	14,772.70	14,811.36	14,873.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,681.45	14,116.79	14,338.83	14,774.17	14,996.21	15,431.55	15,653.59
Camarilla	14,380.10	14,440.36	14,500.62	14,560.88	14,621.14	14,681.40	14,741.66
Woodie	13,574.81	14,063.47	14,232.19	14,720.85	14,889.57	15,378.23	15,546.95
Fibonacci	14,116.79	14,367.91	14,523.05	14,774.17	15,025.29	15,180.43	15,431.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,039.36	13,735.98	14,225.61	14,922.23	15,411.86	16,108.48	16,598.11
Camarilla	14,389.02	14,497.76	14,606.50	14,715.24	14,823.98	14,932.72	15,041.46
Woodie	12,935.87	13,684.23	14,122.12	14,870.48	15,308.37	16,056.73	16,494.62
Fibonacci	13,735.98	14,189.13	14,469.08	14,922.23	15,375.38	15,655.33	16,108.48

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):	34.70
MACD (12,26,9):	-73.5000
Directional Movement:	-19.83
AROON (14):	-64.29
DEMA (21):	14,547.85
Parabolic SAR (0,02-0,02-0,2):	14,742.00
Elder Ray (13):	-134.21
Super Trend (3,10):	14,751.21
Zig ZAG (10):	14,456.38
VORTEX (21):	0.9200
Stochastique (14,3,5):	3.56
TEMA (21):	14,541.52
Williams %R (14):	-98.36
Chande Momentum Oscillator (20):	-220.65
Repulse (5,40,3):	-0.9600
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	0.80

MA7:	14,739.54
MA20:	14,862.32
MA50:	15,000.83
MA100:	15,088.27
MAexp7:	14,560.25
MAexp20:	14,645.31
MAexp50:	14,770.46
MAexp100:	14,855.26
Price / MA7:	-1.94%
Price / MA20:	-2.75%
Price / MA50:	-3.65%
Price / MA100:	-4.20%
Price / MAexp7:	-0.73%
Price / MAexp20:	-1.31%
Price / MAexp50:	-2.14%
Price / MAexp100:	-2.70%

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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