NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 04/25/2024 (GMT)
- 59
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Neutral between 17,333.50 USD and 17,647.25 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 17,647.25 USD. The first support is located at 17,333.50 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 NASDAQ100 - MINI NASDAQ100 FULL0624.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 price is 17,481.75 USD. The price is lower by -1.04% since the last closing with the lowest point at 17,308.25 USD and the highest point at 17,525.00 USD. The deviation from the price is +1.00% for the low point and -0.25% for the high point.17,308.25
17,525.00
17,481.75
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16,650.37 | 17,148.50 | 17,360.75 | 17,481.75 | 17,553.00 | 17,767.10 | 18,070.75 |
| Change (%) | -4.76% | -1.91% | -0.69% | - | +0.41% | +1.63% | +3.37% |
| Change | -831.38 | -333.25 | -121.00 | - | +71.25 | +285.35 | +589.00 |
| Level | Intermediate | Major | Major | - | Minor | Major | Intermediate |
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 | 17,185.25 | 17,333.50 | 17,499.00 | 17,647.25 | 17,812.75 | 17,961.00 | 18,126.50 |
| Camarilla | 17,578.22 | 17,606.98 | 17,635.74 | 17,664.50 | 17,693.26 | 17,722.02 | 17,750.78 |
| Woodie | 17,193.88 | 17,337.81 | 17,507.63 | 17,651.56 | 17,821.38 | 17,965.31 | 18,135.13 |
| Fibonacci | 17,333.50 | 17,453.35 | 17,527.40 | 17,647.25 | 17,767.10 | 17,841.15 | 17,961.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,508.25 | 16,310.75 | 16,745.75 | 17,548.25 | 17,983.25 | 18,785.75 | 19,220.75 |
| Camarilla | 16,840.44 | 16,953.88 | 17,067.31 | 17,180.75 | 17,294.19 | 17,407.63 | 17,521.06 |
| Woodie | 15,324.50 | 16,218.88 | 16,562.00 | 17,456.38 | 17,799.50 | 18,693.88 | 19,037.00 |
| Fibonacci | 16,310.75 | 16,783.48 | 17,075.53 | 17,548.25 | 18,020.98 | 18,313.03 | 18,785.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,396.58 | 17,701.42 | 18,099.33 | 18,404.17 | 18,802.08 | 19,106.92 | 19,504.83 |
| Camarilla | 18,303.99 | 18,368.41 | 18,432.83 | 18,497.25 | 18,561.67 | 18,626.09 | 18,690.51 |
| Woodie | 17,443.13 | 17,724.69 | 18,145.88 | 18,427.44 | 18,848.63 | 19,130.19 | 19,551.38 |
| Fibonacci | 17,701.42 | 17,969.87 | 18,135.72 | 18,404.17 | 18,672.62 | 18,838.47 | 19,106.92 |
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): | 58.09 | |
| MACD (12,26,9): | -1.0300 | |
| Directional Movement: | 2.77 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 17,422.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,336.12 | |
| Elder Ray (13): | 51.43 | |
| Super Trend (3,10): | 17,343.57 | |
| Zig ZAG (10): | 17,502.50 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 96.64 | |
| TEMA (21): | 17,452.84 | |
| Williams %R (14): | -3.52 | |
| Chande Momentum Oscillator (20): | 82.25 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.67 |
| MA7: | 17,499.39 | |
| MA20: | 17,991.42 | |
| MA50: | 18,170.72 | |
| MA100: | 17,761.18 | |
| MAexp7: | 17,459.64 | |
| MAexp20: | 17,427.40 | |
| MAexp50: | 17,447.10 | |
| MAexp100: | 17,484.08 | |
| Price / MA7: | -0.10% | |
| Price / MA20: | -2.83% | |
| Price / MA50: | -3.79% | |
| Price / MA100: | -1.57% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | -0.01% |
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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