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 - Daily - Technical analysis published on 01/26/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 16,906.80 USD

My targets

17,770.48 USD (+1.45%)

18,571.80 USD (+6.02%)

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 16,906.80 USD. The buyers' bullish objective is set at 17,770.48 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,571.80 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 17,516.99 USD. The price has increased by +0.10% since the last closing with the lowest point at 17,430.38 USD and the highest point at 17,631.34 USD. The deviation from the price is +0.50% for the low point and -0.65% for the high point.

17,430.38

17,631.34

17,516.99

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

Technical

A technical analysis in Daily of this NASDAQ100 INDEX chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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.
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, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	14,691.90	16,573.30	16,906.80	17,516.99
Change (%)	-16.13%	-5.39%	-3.48%	-
Change	-2,825.09	-943.69	-610.19	-
Level	Intermediate	Major	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	17,220.17	17,325.28	17,421.13	17,526.24	17,622.09	17,727.20	17,823.05
Camarilla	17,461.73	17,480.15	17,498.57	17,516.99	17,535.41	17,553.83	17,572.25
Woodie	17,215.55	17,322.97	17,416.51	17,523.93	17,617.47	17,724.89	17,818.43
Fibonacci	17,325.28	17,402.04	17,449.47	17,526.24	17,603.00	17,650.43	17,727.20

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,055.54	16,308.51	16,811.26	17,064.23	17,566.98	17,819.95	18,322.70
Camarilla	17,106.18	17,175.45	17,244.73	17,314.00	17,383.27	17,452.55	17,521.82
Woodie	16,180.42	16,370.96	16,936.14	17,126.68	17,691.86	17,882.40	18,447.58
Fibonacci	16,308.51	16,597.20	16,775.55	17,064.23	17,352.92	17,531.27	17,819.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,751.03	15,223.30	16,024.62	16,496.89	17,298.21	17,770.48	18,571.80
Camarilla	16,475.69	16,592.44	16,709.18	16,825.93	16,942.68	17,059.42	17,176.17
Woodie	14,915.55	15,305.56	16,189.14	16,579.15	17,462.73	17,852.74	18,736.32
Fibonacci	15,223.30	15,709.82	16,010.38	16,496.89	16,983.41	17,283.97	17,770.48

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):	75.47
MACD (12,26,9):	289.6600
Directional Movement:	24.87
AROON (14):	85.72
DEMA (21):	17,321.27
Parabolic SAR (0,02-0,02-0,2):	16,865.27
Elder Ray (13):	423.69
Super Trend (3,10):	16,951.00
Zig ZAG (10):	17,516.99
VORTEX (21):	1.0700
Stochastique (14,3,5):	91.32
TEMA (21):	17,384.04
Williams %R (14):	-10.47
Chande Momentum Oscillator (20):	867.11
Repulse (5,40,3):	-0.1700
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	8.29

MA7:	17,254.78
MA20:	16,876.06
MA50:	16,451.51
MA100:	15,703.12
MAexp7:	17,292.26
MAexp20:	16,955.58
MAexp50:	16,463.93
MAexp100:	15,909.81
Price / MA7:	+1.52%
Price / MA20:	+3.80%
Price / MA50:	+6.48%
Price / MA100:	+11.55%
Price / MAexp7:	+1.30%
Price / MAexp20:	+3.31%
Price / MAexp50:	+6.40%
Price / MAexp100:	+10.10%

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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