S&P100 INDEX

OEX

- USD (-)

- End-of-day data - S&P Base Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	OEX
ISIN:

S&P100 INDEX - Daily - Technical analysis published on 09/01/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 2,046.48 USD

My targets

2,142.10 USD (+1.34%)

2,219.44 USD (+5.00%)

My analysis

S&P100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2,046.48 USD. The next resistance located at 2,142.10 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,219.44 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The S&P100 INDEX rating is 2,113.84 USD. On the day, this instrument lost -0.02% and was between 2,112.27 USD and 2,125.51 USD. This implies that the price is at +0.07% from its lowest and at -0.55% from its highest.

2,112.27

2,125.51

2,113.84

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of S&P100 INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong 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 trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	1,867.81	1,966.75	2,046.48	2,113.84	2,142.10	2,219.44
Change (%)	-11.64%	-6.96%	-3.19%	-	+1.34%	+5.00%
Change	-246.03	-147.09	-67.36	-	+28.26	+105.60
Level	Major	Minor	Intermediate	-	Major	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	2,095.66	2,103.97	2,108.90	2,117.21	2,122.14	2,130.45	2,135.38
Camarilla	2,110.20	2,111.41	2,112.63	2,113.84	2,115.05	2,116.27	2,117.48
Woodie	2,093.98	2,103.13	2,107.22	2,116.37	2,120.46	2,129.61	2,133.70
Fibonacci	2,103.97	2,109.02	2,112.15	2,117.21	2,122.26	2,125.39	2,130.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,977.83	2,006.40	2,033.42	2,061.99	2,089.01	2,117.58	2,144.60
Camarilla	2,045.15	2,050.25	2,055.34	2,060.44	2,065.54	2,070.63	2,075.73
Woodie	1,977.06	2,006.01	2,032.65	2,061.60	2,088.24	2,117.19	2,143.83
Fibonacci	2,006.40	2,027.64	2,040.76	2,061.99	2,083.23	2,096.35	2,117.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,955.08	1,995.71	2,068.91	2,109.54	2,182.74	2,223.37	2,296.57
Camarilla	2,110.80	2,121.23	2,131.67	2,142.10	2,152.53	2,162.97	2,173.40
Woodie	1,971.36	2,003.85	2,085.19	2,117.68	2,199.02	2,231.51	2,312.85
Fibonacci	1,995.71	2,039.20	2,066.06	2,109.54	2,153.03	2,179.89	2,223.37

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):	58.93
MACD (12,26,9):	2.5000
Directional Movement:	10.55
AROON (14):	64.29
DEMA (21):	2,084.70
Parabolic SAR (0,02-0,02-0,2):	2,048.49
Elder Ray (13):	34.92
Super Trend (3,10):	2,046.62
Zig ZAG (10):	2,113.84
VORTEX (21):	0.9900
Stochastique (14,3,5):	93.12
TEMA (21):	2,080.71
Williams %R (14):	-11.31
Chande Momentum Oscillator (20):	40.98
Repulse (5,40,3):	0.8200
ROCnROLL:	1
TRIX (15,9):	-0.0300
Courbe Coppock:	0.04

MA7:	2,084.43
MA20:	2,077.45
MA50:	2,083.76
MA100:	2,010.79
MAexp7:	2,091.33
MAexp20:	2,082.88
MAexp50:	2,066.57
MAexp100:	2,014.78
Price / MA7:	+1.41%
Price / MA20:	+1.75%
Price / MA50:	+1.44%
Price / MA100:	+5.12%
Price / MAexp7:	+1.08%
Price / MAexp20:	+1.49%
Price / MAexp50:	+2.29%
Price / MAexp100:	+4.92%

Quotes : - End-of-day data - S&P Base Indices

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

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Londinia AI

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