MICRO E-MINI NASDAQ100 FULL0625 - 15 min. - Technical analysis published on 10/15/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 20,560.58 USD
My targets
20,738.67 USD (+0.67%)
20,858.08 USD (+1.25%)
My analysis
The basic trend is bullish on MICRO E-MINI NASDAQ100 FULL1224 and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 20,560.58 USD. Sellers would then use the next support located at 20,441.17 USD as an objective. Crossing it would then enable sellers to target 20,263.08 USD. If there is a return to above the resistance located at 20,738.67 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 20,858.08 USD and 21,036.17 USD by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
0.4
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Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL1224 rating is 20,601.25 USD. The price is lower by -0.09% since the last closing with the lowest point at 20,590.25 USD and the highest point at 20,641.50 USD. The deviation from the price is +0.05% for the low point and -0.19% for the high point.20,590.25
20,641.50
20,601.25
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
A technical analysis in 15 min. of this MICRO E-MINI NASDAQ100 FULL1224 chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish 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 trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,144.75 | 20,267.00 | 20,477.33 | 20,601.25 | 20,666.75 | 20,833.25 | 21,135.00 |
| Change (%) | -2.22% | -1.62% | -0.60% | - | +0.32% | +1.13% | +2.59% |
| Change | -456.50 | -334.25 | -123.92 | - | +65.50 | +232.00 | +533.75 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 20,143.67 | 20,263.08 | 20,441.17 | 20,560.58 | 20,738.67 | 20,858.08 | 21,036.17 |
| Camarilla | 20,537.44 | 20,564.71 | 20,591.98 | 20,619.25 | 20,646.52 | 20,673.79 | 20,701.06 |
| Woodie | 20,173.00 | 20,277.75 | 20,470.50 | 20,575.25 | 20,768.00 | 20,872.75 | 21,065.50 |
| Fibonacci | 20,263.08 | 20,376.73 | 20,446.94 | 20,560.58 | 20,674.23 | 20,744.44 | 20,858.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,460.17 | 19,681.33 | 20,065.67 | 20,286.83 | 20,671.17 | 20,892.33 | 21,276.67 |
| Camarilla | 20,283.49 | 20,338.99 | 20,394.50 | 20,450.00 | 20,505.50 | 20,561.01 | 20,616.51 |
| Woodie | 19,541.75 | 19,722.13 | 20,147.25 | 20,327.63 | 20,752.75 | 20,933.13 | 21,358.25 |
| Fibonacci | 19,681.33 | 19,912.63 | 20,055.53 | 20,286.83 | 20,518.13 | 20,661.03 | 20,892.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,887.17 | 17,729.83 | 18,852.42 | 19,695.08 | 20,817.67 | 21,660.33 | 22,782.92 |
| Camarilla | 19,434.56 | 19,614.70 | 19,794.85 | 19,975.00 | 20,155.15 | 20,335.30 | 20,515.44 |
| Woodie | 17,027.13 | 17,799.81 | 18,992.38 | 19,765.06 | 20,957.63 | 21,730.31 | 22,922.88 |
| Fibonacci | 17,729.83 | 18,480.56 | 18,944.36 | 19,695.08 | 20,445.81 | 20,909.61 | 21,660.33 |
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): | 43.40 | |
| MACD (12,26,9): | 0.4100 | |
| Directional Movement: | -10.69 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 20,624.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,605.84 | |
| Elder Ray (13): | -9.12 | |
| Super Trend (3,10): | 20,641.54 | |
| Zig ZAG (10): | 20,607.50 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 14.92 | |
| TEMA (21): | 20,614.35 | |
| Williams %R (14): | -87.80 | |
| Chande Momentum Oscillator (20): | -24.50 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.07 |
| MA7: | 20,408.32 | |
| MA20: | 20,201.94 | |
| MA50: | 19,771.70 | |
| MA100: | 19,861.59 | |
| MAexp7: | 20,616.15 | |
| MAexp20: | 20,624.10 | |
| MAexp50: | 20,611.39 | |
| MAexp100: | 20,574.82 | |
| Price / MA7: | +0.95% | |
| Price / MA20: | +1.98% | |
| Price / MA50: | +4.20% | |
| Price / MA100: | +3.72% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +0.13% |
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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