RUSSELL 2000 INDEX FUND - 1H - Technical analysis published on 04/10/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 75.01 USD
My targets
72.19 USD (-2.43%)
69.03 USD (-6.70%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RUSSELL 2000 INDEX FUND. As long as you are under the resistance located at 75.01 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 72.19 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 69.03 USD as an objective. Crossing it would then enable sellers to target 68.81 USD. If the resistance 75.01 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RUSSELL 2000 INDEX FUND rating is 73.99 USD. The price is lower by -3.52% since the last closing and was traded between 73.59 USD and 76.70 USD over the period. The price is currently at +0.54% from its lowest and -3.53% from its highest.73.59
76.70
73.99
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of RUSSELL 2000 INDEX FUND in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point (Weekly)
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 65.81 | 68.81 | 72.19 | 73.99 | 75.01 | 80.17 | 82.17 |
| Change (%) | -11.06% | -7.00% | -2.43% | - | +1.38% | +8.35% | +11.06% |
| Change | -8.18 | -5.18 | -1.80 | - | +1.02 | +6.18 | +8.18 |
| Level | Major | Major | Intermediate | - | Minor | 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 | 63.46 | 66.43 | 71.56 | 74.53 | 79.66 | 82.63 | 87.76 |
| Camarilla | 74.46 | 75.21 | 75.95 | 76.69 | 77.43 | 78.18 | 78.92 |
| Woodie | 64.54 | 66.97 | 72.64 | 75.07 | 80.74 | 83.17 | 88.84 |
| Fibonacci | 66.43 | 69.52 | 71.44 | 74.53 | 77.62 | 79.54 | 82.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.25 | 64.82 | 69.03 | 75.60 | 79.81 | 86.38 | 90.59 |
| Camarilla | 70.28 | 71.26 | 72.25 | 73.24 | 74.23 | 75.22 | 76.21 |
| Woodie | 57.07 | 64.23 | 67.85 | 75.01 | 78.63 | 85.79 | 89.41 |
| Fibonacci | 64.82 | 68.94 | 71.48 | 75.60 | 79.72 | 82.26 | 86.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.00 | 73.99 | 77.31 | 82.30 | 85.62 | 90.61 | 93.93 |
| Camarilla | 78.36 | 79.12 | 79.88 | 80.64 | 81.40 | 82.16 | 82.93 |
| Woodie | 68.18 | 73.57 | 76.49 | 81.88 | 84.80 | 90.19 | 93.11 |
| Fibonacci | 73.99 | 77.16 | 79.12 | 82.30 | 85.47 | 87.43 | 90.61 |
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): | 59.93 | |
| MACD (12,26,9): | -0.3300 | |
| Directional Movement: | 14.46 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 72.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 69.74 | |
| Elder Ray (13): | 3.14 | |
| Super Trend (3,10): | 70.77 | |
| Zig ZAG (10): | 76.69 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 88.72 | |
| TEMA (21): | 73.41 | |
| Williams %R (14): | -9.91 | |
| Chande Momentum Oscillator (20): | 2.78 | |
| Repulse (5,40,3): | 4.7800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 0.76 |
| MA7: | 76.04 | |
| MA20: | 80.27 | |
| MA50: | 85.09 | |
| MA100: | 88.99 | |
| MAexp7: | 73.87 | |
| MAexp20: | 73.22 | |
| MAexp50: | 75.23 | |
| MAexp100: | 77.80 | |
| Price / MA7: | -2.70% | |
| Price / MA20: | -7.82% | |
| Price / MA50: | -13.05% | |
| Price / MA100: | -16.86% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +1.05% | |
| Price / MAexp50: | -1.65% | |
| Price / MAexp100: | -4.90% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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