S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 04/25/2024 (GMT)
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- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 5,046.33 USD and 5,102.83 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 5,102.83 USD. The first support is located at 5,046.33 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by S&P500 - MINI S&P500 FULL0624.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
S&P500 - MINI S&P500 FULL0624 rating 5,070.00 USD. The price is lower by -0.73% since the last closing and was between 5,022.25 USD and 5,082.50 USD. This implies that the price is at +0.95% from its lowest and at -0.25% from its highest.5,022.25
5,082.50
5,070.00
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL0624:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of S&P500 - MINI S&P500 FULL0624 in 15 min. shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,963.50 | 5,006.00 | 5,047.75 | 5,070.00 | 5,073.75 | 5,124.25 | 5,150.00 |
| Change (%) | -2.10% | -1.26% | -0.44% | - | +0.07% | +1.07% | +1.58% |
| Change | -106.50 | -64.00 | -22.25 | - | +3.75 | +54.25 | +80.00 |
| Level | Intermediate | Intermediate | Minor | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,020.42 | 5,046.33 | 5,076.92 | 5,102.83 | 5,133.42 | 5,159.33 | 5,189.92 |
| Camarilla | 5,091.96 | 5,097.14 | 5,102.32 | 5,107.50 | 5,112.68 | 5,117.86 | 5,123.04 |
| Woodie | 5,022.75 | 5,047.50 | 5,079.25 | 5,104.00 | 5,135.75 | 5,160.50 | 5,192.25 |
| Fibonacci | 5,046.33 | 5,067.92 | 5,081.25 | 5,102.83 | 5,124.42 | 5,137.75 | 5,159.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,657.33 | 4,810.42 | 4,907.08 | 5,060.17 | 5,156.83 | 5,309.92 | 5,406.58 |
| Camarilla | 4,935.07 | 4,957.96 | 4,980.86 | 5,003.75 | 5,026.64 | 5,049.54 | 5,072.43 |
| Woodie | 4,629.13 | 4,796.31 | 4,878.88 | 5,046.06 | 5,128.63 | 5,295.81 | 5,378.38 |
| Fibonacci | 4,810.42 | 4,905.82 | 4,964.76 | 5,060.17 | 5,155.57 | 5,214.51 | 5,309.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,964.25 | 5,045.75 | 5,170.50 | 5,252.00 | 5,376.75 | 5,458.25 | 5,583.00 |
| Camarilla | 5,238.53 | 5,257.44 | 5,276.34 | 5,295.25 | 5,314.16 | 5,333.06 | 5,351.97 |
| Woodie | 4,985.88 | 5,056.56 | 5,192.13 | 5,262.81 | 5,398.38 | 5,469.06 | 5,604.63 |
| Fibonacci | 5,045.75 | 5,124.54 | 5,173.21 | 5,252.00 | 5,330.79 | 5,379.46 | 5,458.25 |
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): | 53.55 | |
| MACD (12,26,9): | -0.4600 | |
| Directional Movement: | 2.86 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 5,051.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,035.79 | |
| Elder Ray (13): | 6.53 | |
| Super Trend (3,10): | 5,037.68 | |
| Zig ZAG (10): | 5,061.50 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 87.18 | |
| TEMA (21): | 5,057.64 | |
| Williams %R (14): | -15.70 | |
| Chande Momentum Oscillator (20): | 28.75 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.86 |
| MA7: | 5,063.46 | |
| MA20: | 5,167.48 | |
| MA50: | 5,181.94 | |
| MA100: | 5,041.56 | |
| MAexp7: | 5,061.45 | |
| MAexp20: | 5,054.78 | |
| MAexp50: | 5,061.48 | |
| MAexp100: | 5,070.99 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | -1.89% | |
| Price / MA50: | -2.16% | |
| Price / MA100: | +0.56% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
10 min delayed data
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CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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