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 03/05/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

11%

33%

56%

My opinion

Neutral between 17,840.92 USD and 18,333.26 USD

My targets

My analysis

The short-term decline on NASDAQ100 INDEX remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 17,840.92 USD. The first resistance is located at 18,333.26 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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

Additional analysis

Quotes

The NASDAQ100 INDEX price is 18,039.91 USD. The price is lower by -1.02% since the last closing with the lowest point at 18,032.90 USD and the highest point at 18,097.50 USD. The deviation from the price is +0.04% for the low point and -0.32% for the high point.

18,032.90

18,097.50

18,039.91

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NASDAQ100 INDEX in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Downside gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	17,475.38	17,840.92	18,004.70	18,039.91	18,333.26
Change (%)	-3.13%	-1.10%	-0.20%	-	+1.63%
Change	-564.53	-198.99	-35.21	-	+293.35
Level	Minor	Intermediate	Major	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18,096.83	18,157.54	18,192.01	18,252.72	18,287.19	18,347.90	18,382.37
Camarilla	18,200.31	18,209.03	18,217.76	18,226.48	18,235.21	18,243.93	18,252.66
Woodie	18,083.71	18,150.98	18,178.89	18,246.16	18,274.07	18,341.34	18,369.25
Fibonacci	18,157.54	18,193.90	18,216.36	18,252.72	18,289.08	18,311.54	18,347.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,491.53	17,665.94	17,984.43	18,158.84	18,477.33	18,651.74	18,970.23
Camarilla	18,167.36	18,212.55	18,257.73	18,302.91	18,348.09	18,393.28	18,438.46
Woodie	17,563.56	17,701.96	18,056.46	18,194.86	18,549.36	18,687.76	19,042.26
Fibonacci	17,665.94	17,854.23	17,970.56	18,158.84	18,347.13	18,463.46	18,651.74

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,533.46	16,854.64	17,449.25	17,770.43	18,365.04	18,686.22	19,280.83
Camarilla	17,792.01	17,875.96	17,959.90	18,043.85	18,127.80	18,211.75	18,295.69
Woodie	16,670.17	16,923.00	17,585.96	17,838.79	18,501.75	18,754.58	19,417.54
Fibonacci	16,854.64	17,204.48	17,420.60	17,770.43	18,120.27	18,336.39	18,686.22

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):	41.28
MACD (12,26,9):	63.5200
Directional Movement:	-11.73
AROON (14):	-64.29
DEMA (21):	18,267.98
Parabolic SAR (0,02-0,02-0,2):	18,325.08
Elder Ray (13):	-140.70
Super Trend (3,10):	18,279.64
Zig ZAG (10):	18,040.59
VORTEX (21):	1.0900
Stochastique (14,3,5):	50.96
TEMA (21):	18,265.44
Williams %R (14):	-98.60
Chande Momentum Oscillator (20):	-162.25
Repulse (5,40,3):	-0.5800
ROCnROLL:	-1
TRIX (15,9):	0.0700
Courbe Coppock:	1.88

MA7:	18,056.14
MA20:	17,863.13
MA50:	17,348.56
MA100:	16,439.72
MAexp7:	18,206.79
MAexp20:	18,173.59
MAexp50:	18,047.97
MAexp100:	17,910.06
Price / MA7:	-0.09%
Price / MA20:	+0.99%
Price / MA50:	+3.99%
Price / MA100:	+9.73%
Price / MAexp7:	-0.92%
Price / MAexp20:	-0.74%
Price / MAexp50:	-0.04%
Price / MAexp100:	+0.73%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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