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 10/27/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 14,472.10 USD

My targets

14,116.79 USD (-0.51%)

13,667.20 USD (-3.68%)

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 14,472.10 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.8

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 14,189.14 USD. On the day, this instrument gained +0.56% and was traded between 14,176.58 USD and 14,321.04 USD over the period. The price is currently at +0.09% from its lowest and -0.92% from its highest.

14,176.58

14,321.04

14,189.14

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

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 result:

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. 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.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,359.81	12,818.17	13,667.20	14,189.14	14,472.10	14,772.75	15,236.52
Change (%)	-12.89%	-9.66%	-3.68%	-	+1.99%	+4.11%	+7.38%
Change	-1,829.33	-1,370.97	-521.94	-	+282.96	+583.61	+1,047.38
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,673.58	13,865.96	13,987.76	14,180.14	14,301.94	14,494.32	14,616.12
Camarilla	14,023.17	14,051.97	14,080.77	14,109.57	14,138.37	14,167.17	14,195.97
Woodie	13,638.30	13,848.32	13,952.48	14,162.50	14,266.66	14,476.68	14,580.84
Fibonacci	13,865.96	13,985.97	14,060.12	14,180.14	14,300.15	14,374.30	14,494.32

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.34
MACD (12,26,9):	-116.0200
Directional Movement:	-17.97
AROON (14):	-50.00
DEMA (21):	14,158.37
Parabolic SAR (0,02-0,02-0,2):	14,119.68
Elder Ray (13):	-49.35
Super Trend (3,10):	14,393.70
Zig ZAG (10):	14,194.89
VORTEX (21):	0.7600
Stochastique (14,3,5):	42.13
TEMA (21):	14,141.75
Williams %R (14):	-66.06
Chande Momentum Oscillator (20):	-200.97
Repulse (5,40,3):	-0.7800
ROCnROLL:	2
TRIX (15,9):	-0.1300
Courbe Coppock:	3.69

MA7:	14,480.97
MA20:	14,803.87
MA50:	14,973.95
MA100:	15,079.58
MAexp7:	14,220.17
MAexp20:	14,321.04
MAexp50:	14,528.80
MAexp100:	14,696.86
Price / MA7:	-2.02%
Price / MA20:	-4.15%
Price / MA50:	-5.24%
Price / MA100:	-5.90%
Price / MAexp7:	-0.22%
Price / MAexp20:	-0.92%
Price / MAexp50:	-2.34%
Price / MAexp100:	-3.45%

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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