RUSSELL 2000 - MINI RUSSELL 2000 FULL0325 - 1H - Technical analysis published on 11/10/2022 (GMT)
- 204
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1,779.77 USD
My targets
1,758.30 USD (-0.51%)
1,740.29 USD (-1.53%)
My analysis
The bearish trend is currently very strong for RUSSELL 2000 - MINI RUSSELL 2000 FULL1222. As long as the price remains below the resistance at 1,779.77 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,758.30 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,740.29 USD as an objective. Crossing it would then enable sellers to target 1,660.35 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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 vishr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RUSSELL 2000 - MINI RUSSELL 2000 FULL1222 rating is 1,767.40 USD. On the day, this instrument gained +0.23% and was traded between 1,763.60 USD and 1,769.40 USD over the period. The price is currently at +0.22% from its lowest and -0.11% from its highest.1,763.60
1,769.40
1,767.40
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RUSSELL 2000 - MINI RUSSELL 2000 FULL1222:
Technical
A technical analysis in 1H of this RUSSELL 2000 - MINI RUSSELL 2000 FULL1222 chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
Bearish harami
Type : Bearish
Timeframe : 1 hour
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,660.35 | 1,740.29 | 1,758.30 | 1,767.40 | 1,779.77 | 1,794.67 | 1,807.05 |
| Change (%) | -6.06% | -1.53% | -0.51% | - | +0.70% | +1.54% | +2.24% |
| Change | -107.05 | -27.11 | -9.10 | - | +12.37 | +27.27 | +39.65 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,683.67 | 1,721.33 | 1,743.27 | 1,780.93 | 1,802.87 | 1,840.53 | 1,862.47 |
| Camarilla | 1,748.81 | 1,754.27 | 1,759.74 | 1,765.20 | 1,770.66 | 1,776.13 | 1,781.59 |
| Woodie | 1,675.80 | 1,717.40 | 1,735.40 | 1,777.00 | 1,795.00 | 1,836.60 | 1,854.60 |
| Fibonacci | 1,721.33 | 1,744.10 | 1,758.17 | 1,780.93 | 1,803.70 | 1,817.77 | 1,840.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,631.77 | 1,695.03 | 1,749.87 | 1,813.13 | 1,867.97 | 1,931.23 | 1,986.07 |
| Camarilla | 1,772.22 | 1,783.05 | 1,793.87 | 1,804.70 | 1,815.53 | 1,826.35 | 1,837.18 |
| Woodie | 1,627.55 | 1,692.93 | 1,745.65 | 1,811.03 | 1,863.75 | 1,929.13 | 1,981.85 |
| Fibonacci | 1,695.03 | 1,740.15 | 1,768.02 | 1,813.13 | 1,858.25 | 1,886.12 | 1,931.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,475.53 | 1,559.67 | 1,708.13 | 1,792.27 | 1,940.73 | 2,024.87 | 2,173.33 |
| Camarilla | 1,792.64 | 1,813.96 | 1,835.28 | 1,856.60 | 1,877.92 | 1,899.24 | 1,920.57 |
| Woodie | 1,507.70 | 1,575.75 | 1,740.30 | 1,808.35 | 1,972.90 | 2,040.95 | 2,205.50 |
| Fibonacci | 1,559.67 | 1,648.52 | 1,703.41 | 1,792.27 | 1,881.12 | 1,936.01 | 2,024.87 |
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): | 31.84 | |
| MACD (12,26,9): | -12.2400 | |
| Directional Movement: | -22.43 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 1,770.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,787.89 | |
| Elder Ray (13): | -9.73 | |
| Super Trend (3,10): | 1,794.75 | |
| Zig ZAG (10): | 1,767.90 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 14.60 | |
| TEMA (21): | 1,761.87 | |
| Williams %R (14): | -82.95 | |
| Chande Momentum Oscillator (20): | -41.50 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 4.25 |
| MA7: | 1,791.43 | |
| MA20: | 1,782.96 | |
| MA50: | 1,773.23 | |
| MA100: | 1,813.89 | |
| MAexp7: | 1,770.32 | |
| MAexp20: | 1,784.90 | |
| MAexp50: | 1,797.35 | |
| MAexp100: | 1,803.50 | |
| Price / MA7: | -1.34% | |
| Price / MA20: | -0.87% | |
| Price / MA50: | -0.33% | |
| Price / MA100: | -2.56% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.98% | |
| Price / MAexp50: | -1.67% | |
| Price / MAexp100: | -2.00% |
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 RUSSELL 2000 - MINI RUSSELL 2000 FULL0325 - 1H