NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 04/26/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
17%
61%
22%
My opinion
Bearish under 17,827.25 USD
My targets
17,567.75 USD (-0.86%)
17,308.00 USD (-2.32%)
My analysis
The strong short-term decrease of NASDAQ100 - MINI NASDAQ100 FULL0624 should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 17,827.25 USD, a sale could be considered. The first bearish objective is located at 17,567.75 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 17,308.00 USD. If there is any crossing, the next objective would be support 17,048.50 USD. Caution, if there is a return to above 17,827.25 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.9
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0624 rating 17,719.75 USD. The price has increased by +0.87% since the last closing and was traded between 17,668.25 USD and 17,827.00 USD over the period. The price is currently at +0.29% from its lowest and -0.60% from its highest.17,668.25
17,827.00
17,719.75
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
The probability of a further decline is moderate given the direction of the technical indicators.
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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17,180.75 | 17,307.94 | 17,444.50 | 17,719.75 | 17,767.10 | 18,064.75 | 18,350.75 |
| Change (%) | -3.04% | -2.32% | -1.55% | - | +0.27% | +1.95% | +3.56% |
| Change | -539.00 | -411.81 | -275.25 | - | +47.35 | +345.00 | +631.00 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Minor |
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 | 16,788.75 | 17,048.50 | 17,308.00 | 17,567.75 | 17,827.25 | 18,087.00 | 18,346.50 |
| Camarilla | 17,424.71 | 17,472.30 | 17,519.90 | 17,567.50 | 17,615.10 | 17,662.70 | 17,710.29 |
| Woodie | 16,788.63 | 17,048.44 | 17,307.88 | 17,567.69 | 17,827.13 | 18,086.94 | 18,346.38 |
| Fibonacci | 17,048.50 | 17,246.85 | 17,369.40 | 17,567.75 | 17,766.10 | 17,888.65 | 18,087.00 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.14 | |
| MACD (12,26,9): | -7.0900 | |
| Directional Movement: | 1.98 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 17,729.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,815.99 | |
| Elder Ray (13): | -17.74 | |
| Super Trend (3,10): | 17,773.09 | |
| Zig ZAG (10): | 17,710.00 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 17.81 | |
| TEMA (21): | 17,715.97 | |
| Williams %R (14): | -86.62 | |
| Chande Momentum Oscillator (20): | -43.50 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 17,519.50 | |
| MA20: | 17,959.11 | |
| MA50: | 18,164.04 | |
| MA100: | 17,775.82 | |
| MAexp7: | 17,724.75 | |
| MAexp20: | 17,736.73 | |
| MAexp50: | 17,729.95 | |
| MAexp100: | 17,689.74 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | -1.33% | |
| Price / MA50: | -2.45% | |
| Price / MA100: | -0.32% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | +0.17% |
Quotes :
-
10 min delayed data
-
CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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