NASDAQ100 INDEX - 15 min. - Technical analysis published on 11/02/2023 (GMT)
- 125
- 0
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!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 14,594.89 USD
My targets
14,747.88 USD (+0.57%)
14,830.86 USD (+1.13%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 14,594.89 USD, you could try to benefit from the boom. The first bullish objective is located at 14,747.88 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14,830.86 USD as an objective. Crossing it would then enable buyers to target 14,983.85 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8.2
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 CarelB. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 INDEX rating 14,664.91 USD. On the day, this instrument gained +1.77% and was traded between 14,441.89 USD and 14,677.86 USD over the period. The price is currently at +1.54% from its lowest and -0.09% from its highest.14,441.89
14,677.86
14,664.91
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NASDAQ100 INDEX in 15 min. shows a strongly overall bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,232.40 | 14,508.96 | 14,664.80 | 14,664.91 | 14,770.59 | 14,899.96 | 15,239.62 |
| Change (%) | -2.95% | -1.06% | +0.00% | - | +0.72% | +1.60% | +3.92% |
| Change | -432.51 | -155.95 | -0.11 | - | +105.68 | +235.05 | +574.71 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,275.94 | 14,358.92 | 14,511.91 | 14,594.89 | 14,747.88 | 14,830.86 | 14,983.85 |
| Camarilla | 14,600.02 | 14,621.65 | 14,643.28 | 14,664.91 | 14,686.54 | 14,708.17 | 14,729.80 |
| Woodie | 14,310.96 | 14,376.42 | 14,546.93 | 14,612.39 | 14,782.90 | 14,848.36 | 15,018.87 |
| Fibonacci | 14,358.92 | 14,449.06 | 14,504.75 | 14,594.89 | 14,685.03 | 14,740.72 | 14,830.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,185.28 | 13,621.81 | 13,901.11 | 14,337.64 | 14,616.94 | 15,053.47 | 15,332.77 |
| Camarilla | 13,983.57 | 14,049.19 | 14,114.80 | 14,180.42 | 14,246.04 | 14,311.66 | 14,377.27 |
| Woodie | 13,106.68 | 13,582.50 | 13,822.51 | 14,298.33 | 14,538.34 | 15,014.16 | 15,254.17 |
| Fibonacci | 13,621.81 | 13,895.25 | 14,064.19 | 14,337.64 | 14,611.08 | 14,780.02 | 15,053.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,591.76 | 13,325.05 | 13,867.41 | 14,600.70 | 15,143.06 | 15,876.35 | 16,418.71 |
| Camarilla | 14,058.98 | 14,175.91 | 14,292.85 | 14,409.78 | 14,526.72 | 14,643.65 | 14,760.58 |
| Woodie | 12,496.31 | 13,277.32 | 13,771.96 | 14,552.97 | 15,047.61 | 15,828.62 | 16,323.26 |
| Fibonacci | 13,325.05 | 13,812.35 | 14,113.40 | 14,600.70 | 15,088.00 | 15,389.05 | 15,876.35 |
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): | 73.78 | |
| MACD (12,26,9): | 50.8000 | |
| Directional Movement: | 23.21 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 14,616.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 14,500.59 | |
| Elder Ray (13): | 85.58 | |
| Super Trend (3,10): | 14,532.69 | |
| Zig ZAG (10): | 14,664.91 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 92.56 | |
| TEMA (21): | 14,630.57 | |
| Williams %R (14): | -6.63 | |
| Chande Momentum Oscillator (20): | 160.15 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.17 |
| MA7: | 14,403.95 | |
| MA20: | 14,763.80 | |
| MA50: | 14,950.69 | |
| MA100: | 15,080.20 | |
| MAexp7: | 14,613.18 | |
| MAexp20: | 14,552.66 | |
| MAexp50: | 14,472.67 | |
| MAexp100: | 14,420.64 | |
| Price / MA7: | +1.81% | |
| Price / MA20: | -0.67% | |
| Price / MA50: | -1.91% | |
| Price / MA100: | -2.75% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | +0.77% | |
| Price / MAexp50: | +1.33% | |
| Price / MAexp100: | +1.69% |
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:
-
Trade of the Week: long Nasdaq 100
-
NASDAQ 100 Forecast October 26, 2023
-
NASDAQ 100 Forecast September 13, 2023
-
NASDAQ 100 Forecast September 11, 2023
-
Trading the Trend: long Nasdaq 100
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis NASDAQ100 INDEX - 15 min.