NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - Daily - Technical analysis published on 04/22/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 17,478.91 USD

My targets

16,573.30 USD (-2.73%)

15,777.70 USD (-7.40%)

My analysis

The strong short-term decline of NASDAQ100 INDEX reinforces the current slightly bearish trend. As long as the price remains below 17,478.91 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 16,573.30 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15,777.70 USD as an objective. Crossing it would then enable sellers to target 14,109.57 USD. A return to above 17,478.91 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.8

Comment on the 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 pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX rating is 17,037.65 USD. The price is lower by -2.05% since the last closing and was between 16,973.94 USD and 17,362.28 USD. This implies that the price is at +0.38% from its lowest and at -1.87% from its highest.

16,973.94

17,362.28

17,037.65

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 this Daily chart of NASDAQ100 INDEX indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bearish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15,777.70	16,573.30	16,906.80	17,037.65	17,478.91	17,880.26	18,320.90
Change (%)	-7.40%	-2.73%	-0.77%	-	+2.59%	+4.95%	+7.53%
Change	-1,259.95	-464.35	-130.85	-	+441.26	+842.61	+1,283.25
Level	Intermediate	Major	Minor	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,498.63	16,736.28	16,886.97	17,124.62	17,275.31	17,512.96	17,663.65
Camarilla	16,930.86	16,966.45	17,002.05	17,037.65	17,073.25	17,108.85	17,144.44
Woodie	16,455.14	16,714.54	16,843.48	17,102.88	17,231.82	17,491.22	17,620.16
Fibonacci	16,736.28	16,884.63	16,976.28	17,124.62	17,272.97	17,364.62	17,512.96

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15,445.56	16,209.75	16,623.70	17,387.89	17,801.84	18,566.03	18,979.98
Camarilla	16,713.66	16,821.66	16,929.65	17,037.65	17,145.65	17,253.64	17,361.64
Woodie	15,270.44	16,122.19	16,448.58	17,300.33	17,626.72	18,478.47	18,804.86
Fibonacci	16,209.75	16,659.80	16,937.84	17,387.89	17,837.94	18,115.98	18,566.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,158.51	17,461.75	17,858.22	18,161.46	18,557.93	18,861.17	19,257.64
Camarilla	18,062.27	18,126.41	18,190.55	18,254.69	18,318.83	18,382.97	18,447.11
Woodie	17,205.13	17,485.06	17,904.84	18,184.77	18,604.55	18,884.48	19,304.26
Fibonacci	17,461.75	17,729.04	17,894.17	18,161.46	18,428.75	18,593.88	18,861.17

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):	30.13
MACD (12,26,9):	-158.2900
Directional Movement:	-21.18
AROON (14):	-100.00
DEMA (21):	17,700.99
Parabolic SAR (0,02-0,02-0,2):	18,161.00
Elder Ray (13):	-576.29
Super Trend (3,10):	18,011.87
Zig ZAG (10):	17,037.65
VORTEX (21):	0.7300
Stochastique (14,3,5):	3.33
TEMA (21):	17,467.09
Williams %R (14):	-95.41
Chande Momentum Oscillator (20):	-1,122.54
Repulse (5,40,3):	-4.4800
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	6.55

MA7:	17,665.36
MA20:	17,993.21
MA50:	17,972.47
MA100:	17,360.31
MAexp7:	17,548.33
MAexp20:	17,845.94
MAexp50:	17,794.53
MAexp100:	17,310.96
Price / MA7:	-3.55%
Price / MA20:	-5.31%
Price / MA50:	-5.20%
Price / MA100:	-1.86%
Price / MAexp7:	-2.91%
Price / MAexp20:	-4.53%
Price / MAexp50:	-4.25%
Price / MAexp100:	-1.58%

Quotes : - 15 min delayed data - NASDAQ US Indices

News

The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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