S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 04/26/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Neutral between 5,079.08 USD and 5,135.92 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 5,079.08 USD. The first resistance is located at 5,135.92 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, 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 neutral and are not able to influence the opinion of this 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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0624 price is 5,117.75 USD. On the day, this instrument gained +0.70% and was traded between 5,104.50 USD and 5,140.25 USD over the period. The price is currently at +0.26% from its lowest and -0.44% from its highest.5,104.50
5,140.25
5,117.75
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 bullish trend. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,022.42 | 5,047.75 | 5,073.75 | 5,117.75 | 5,121.55 | 5,203.75 | 5,307.83 |
| Change (%) | -1.86% | -1.37% | -0.86% | - | +0.07% | +1.68% | +3.71% |
| Change | -95.33 | -70.00 | -44.00 | - | +3.80 | +86.00 | +190.08 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate | Major |
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 | 4,914.92 | 4,968.58 | 5,025.42 | 5,079.08 | 5,135.92 | 5,189.58 | 5,246.42 |
| Camarilla | 5,051.86 | 5,061.99 | 5,072.12 | 5,082.25 | 5,092.38 | 5,102.51 | 5,112.64 |
| Woodie | 4,916.50 | 4,969.38 | 5,027.00 | 5,079.88 | 5,137.50 | 5,190.38 | 5,248.00 |
| Fibonacci | 4,968.58 | 5,010.79 | 5,036.87 | 5,079.08 | 5,121.29 | 5,147.37 | 5,189.58 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.71 | |
| MACD (12,26,9): | -0.6100 | |
| Directional Movement: | 8.99 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 5,118.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,139.67 | |
| Elder Ray (13): | -3.38 | |
| Super Trend (3,10): | 5,109.06 | |
| Zig ZAG (10): | 5,114.50 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 16.61 | |
| TEMA (21): | 5,116.23 | |
| Williams %R (14): | -88.97 | |
| Chande Momentum Oscillator (20): | -7.50 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.04 |
| MA7: | 5,073.00 | |
| MA20: | 5,159.01 | |
| MA50: | 5,182.52 | |
| MA100: | 5,046.04 | |
| MAexp7: | 5,116.42 | |
| MAexp20: | 5,119.37 | |
| MAexp50: | 5,117.12 | |
| MAexp100: | 5,109.31 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | -0.80% | |
| Price / MA50: | -1.25% | |
| Price / MA100: | +1.42% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.17% |
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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