NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 17,655.00 USD
My targets
17,389.75 USD (-0.53%)
17,208.25 USD (-1.56%)
My analysis
The basic trend is bearish on NASDAQ100 - MINI NASDAQ100 FULL0624 and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 17,655.00 USD. Buyers would then use the next resistance located at 17,836.50 USD as an objective. Crossing it would then enable buyers to target 18,101.75 USD. If there is a return to below the support located at 17,389.75 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 17,208.25 USD and 16,943.00 USD by extension.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 price is 17,481.75 USD. The price registered a decrease of -0.51% on the session with the lowest point at 17,399.25 USD and the highest point at 17,529.25 USD. The deviation from the price is +0.47% for the low point and -0.27% for the high point.17,399.25
17,529.25
17,481.75
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is bearish. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 17,180.75 | 17,307.94 | 17,448.00 | 17,481.75 | 17,553.00 | 17,668.00 | 17,767.10 |
| Change (%) | -1.72% | -0.99% | -0.19% | - | +0.41% | +1.07% | +1.63% |
| Change | -301.00 | -173.81 | -33.75 | - | +71.25 | +186.25 | +285.35 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,943.00 | 17,208.25 | 17,389.75 | 17,655.00 | 17,836.50 | 18,101.75 | 18,283.25 |
| Camarilla | 17,448.39 | 17,489.35 | 17,530.30 | 17,571.25 | 17,612.20 | 17,653.15 | 17,694.11 |
| Woodie | 16,901.13 | 17,187.31 | 17,347.88 | 17,634.06 | 17,794.63 | 18,080.81 | 18,241.38 |
| Fibonacci | 17,208.25 | 17,378.91 | 17,484.34 | 17,655.00 | 17,825.66 | 17,931.09 | 18,101.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,609.33 | 16,878.92 | 17,362.33 | 17,631.92 | 18,115.33 | 18,384.92 | 18,868.33 |
| Camarilla | 17,638.68 | 17,707.70 | 17,776.73 | 17,845.75 | 17,914.78 | 17,983.80 | 18,052.83 |
| Woodie | 16,716.25 | 16,932.38 | 17,469.25 | 17,685.38 | 18,222.25 | 18,438.38 | 18,975.25 |
| Fibonacci | 16,878.92 | 17,166.56 | 17,344.27 | 17,631.92 | 17,919.56 | 18,097.27 | 18,384.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,396.58 | 17,701.42 | 18,099.33 | 18,404.17 | 18,802.08 | 19,106.92 | 19,504.83 |
| Camarilla | 18,303.99 | 18,368.41 | 18,432.83 | 18,497.25 | 18,561.67 | 18,626.09 | 18,690.51 |
| Woodie | 17,443.13 | 17,724.69 | 18,145.88 | 18,427.44 | 18,848.63 | 19,130.19 | 19,551.38 |
| Fibonacci | 17,701.42 | 17,969.87 | 18,135.72 | 18,404.17 | 18,672.62 | 18,838.47 | 19,106.92 |
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): | 51.50 | |
| MACD (12,26,9): | -7.0900 | |
| Directional Movement: | -7.94 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 17,447.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,400.75 | |
| Elder Ray (13): | 7.39 | |
| Super Trend (3,10): | 17,538.38 | |
| Zig ZAG (10): | 17,463.00 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 54.52 | |
| TEMA (21): | 17,462.03 | |
| Williams %R (14): | -10.68 | |
| Chande Momentum Oscillator (20): | 45.25 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.26 |
| MA7: | 17,663.86 | |
| MA20: | 17,851.96 | |
| MA50: | 18,147.38 | |
| MA100: | 17,813.06 | |
| MAexp7: | 17,464.34 | |
| MAexp20: | 17,454.86 | |
| MAexp50: | 17,475.95 | |
| MAexp100: | 17,537.17 | |
| Price / MA7: | -1.03% | |
| Price / MA20: | -2.07% | |
| Price / MA50: | -3.67% | |
| Price / MA100: | -1.86% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | -0.32% |
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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