MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 11/08/2024 (GMT)
- 101
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 21,113.00 USD
My targets
21,365.25 USD (+0.62%)
21,505.75 USD (+1.28%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICRO E-MINI NASDAQ100 FULL1224 as long as the price remains well above 21,113.00 USD. The buyers' bullish objective is set at 21,365.25 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21,505.75 USD. If there is any crossing, the next objective would be the resistance located at 21,758.00 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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 euletthomas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL1224 price is 21,234.00 USD. On the day, this instrument gained +0.04% and was traded between 21,203.25 USD and 21,263.50 USD over the period. The price is currently at +0.15% from its lowest and -0.14% from its highest.21,203.25
21,263.50
21,234.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of MICRO E-MINI NASDAQ100 FULL1224 indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 20,789.75 | 20,935.75 | 21,135.00 | 21,234.00 | 21,253.50 |
| Change (%) | -2.09% | -1.40% | -0.47% | - | +0.09% |
| Change | -444.25 | -298.25 | -99.00 | - | +19.50 |
| Level | Minor | Minor | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,579.75 | 20,720.25 | 20,972.50 | 21,113.00 | 21,365.25 | 21,505.75 | 21,758.00 |
| Camarilla | 21,116.74 | 21,152.75 | 21,188.75 | 21,224.75 | 21,260.75 | 21,296.75 | 21,332.76 |
| Woodie | 20,635.63 | 20,748.19 | 21,028.38 | 21,140.94 | 21,421.13 | 21,533.69 | 21,813.88 |
| Fibonacci | 20,720.25 | 20,870.28 | 20,962.97 | 21,113.00 | 21,263.03 | 21,355.72 | 21,505.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,062.08 | 19,534.92 | 19,844.08 | 20,316.92 | 20,626.08 | 21,098.92 | 21,408.08 |
| Camarilla | 19,938.20 | 20,009.88 | 20,081.57 | 20,153.25 | 20,224.93 | 20,296.62 | 20,368.30 |
| Woodie | 18,980.25 | 19,494.00 | 19,762.25 | 20,276.00 | 20,544.25 | 21,058.00 | 21,326.25 |
| Fibonacci | 19,534.92 | 19,833.64 | 20,018.19 | 20,316.92 | 20,615.64 | 20,800.19 | 21,098.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,771.67 | 19,302.58 | 19,727.92 | 20,258.83 | 20,684.17 | 21,215.08 | 21,640.42 |
| Camarilla | 19,890.28 | 19,977.94 | 20,065.59 | 20,153.25 | 20,240.91 | 20,328.56 | 20,416.22 |
| Woodie | 18,718.88 | 19,276.19 | 19,675.13 | 20,232.44 | 20,631.38 | 21,188.69 | 21,587.63 |
| Fibonacci | 19,302.58 | 19,667.87 | 19,893.55 | 20,258.83 | 20,624.12 | 20,849.80 | 21,215.08 |
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): | 52.80 | |
| MACD (12,26,9): | 5.2600 | |
| Directional Movement: | 10.31 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 21,239.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,262.72 | |
| Elder Ray (13): | -3.84 | |
| Super Trend (3,10): | 21,218.40 | |
| Zig ZAG (10): | 21,230.25 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 17.58 | |
| TEMA (21): | 21,231.13 | |
| Williams %R (14): | -74.39 | |
| Chande Momentum Oscillator (20): | 7.75 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.07 |
| MA7: | 20,565.11 | |
| MA20: | 20,500.22 | |
| MA50: | 20,106.86 | |
| MA100: | 19,990.18 | |
| MAexp7: | 21,233.68 | |
| MAexp20: | 21,231.66 | |
| MAexp50: | 21,201.51 | |
| MAexp100: | 21,115.96 | |
| Price / MA7: | +3.25% | |
| Price / MA20: | +3.58% | |
| Price / MA50: | +5.61% | |
| Price / MA100: | +6.22% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.56% |
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis MICRO E-MINI NASDAQ100 FULL0325 - 15 min.