NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/14/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 18,286.83 USD
My targets
18,394.33 USD (+0.29%)
18,452.42 USD (+0.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 - MINI NASDAQ100 FULL0624 as long as the price remains well above 18,286.83 USD. The buyers' bullish objective is set at 18,394.33 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,452.42 USD. If there is any crossing, the next objective would be the resistance located at 18,585.75 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
7.7
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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 rating is 18,341.25 USD. The price registered an increase of +0.25% on the session and was traded between 18,165.50 USD and 18,370.75 USD over the period. The price is currently at +0.97% from its lowest and -0.16% from its highest.18,165.50
18,370.75
18,341.25
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 NASDAQ100 - MINI NASDAQ100 FULL0624:
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
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish 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, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 17,767.10 | 18,069.58 | 18,193.82 | 18,341.25 | 18,342.12 | 18,585.75 |
| Change (%) | -3.13% | -1.48% | -0.80% | - | +0.00% | +1.33% |
| Change | -574.15 | -271.67 | -147.43 | - | +0.87 | +244.50 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,129.92 | 18,179.33 | 18,237.42 | 18,286.83 | 18,344.92 | 18,394.33 | 18,452.42 |
| Camarilla | 18,265.94 | 18,275.79 | 18,285.65 | 18,295.50 | 18,305.35 | 18,315.21 | 18,325.06 |
| Woodie | 18,134.25 | 18,181.50 | 18,241.75 | 18,289.00 | 18,349.25 | 18,396.50 | 18,456.75 |
| Fibonacci | 18,179.33 | 18,220.40 | 18,245.77 | 18,286.83 | 18,327.90 | 18,353.27 | 18,394.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,678.92 | 17,831.33 | 18,043.17 | 18,195.58 | 18,407.42 | 18,559.83 | 18,771.67 |
| Camarilla | 18,154.83 | 18,188.22 | 18,221.61 | 18,255.00 | 18,288.39 | 18,321.78 | 18,355.17 |
| Woodie | 17,708.63 | 17,846.19 | 18,072.88 | 18,210.44 | 18,437.13 | 18,574.69 | 18,801.38 |
| Fibonacci | 17,831.33 | 17,970.48 | 18,056.44 | 18,195.58 | 18,334.73 | 18,420.69 | 18,559.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,390.25 | 16,251.75 | 16,845.00 | 17,706.50 | 18,299.75 | 19,161.25 | 19,754.50 |
| Camarilla | 17,038.19 | 17,171.55 | 17,304.90 | 17,438.25 | 17,571.60 | 17,704.95 | 17,838.31 |
| Woodie | 15,256.13 | 16,184.69 | 16,710.88 | 17,639.44 | 18,165.63 | 19,094.19 | 19,620.38 |
| Fibonacci | 16,251.75 | 16,807.47 | 17,150.79 | 17,706.50 | 18,262.22 | 18,605.54 | 19,161.25 |
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): | 53.45 | |
| MACD (12,26,9): | 7.1000 | |
| Directional Movement: | 2.90 | |
| AROON (14): | 0 | |
| DEMA (21): | 18,326.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,290.94 | |
| Elder Ray (13): | 10.63 | |
| Super Trend (3,10): | 18,248.66 | |
| Zig ZAG (10): | 18,328.50 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 56.07 | |
| TEMA (21): | 18,328.86 | |
| Williams %R (14): | -42.36 | |
| Chande Momentum Oscillator (20): | -6.50 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.06 |
| MA7: | 18,240.11 | |
| MA20: | 17,833.01 | |
| MA50: | 18,125.00 | |
| MA100: | 17,912.94 | |
| MAexp7: | 18,326.66 | |
| MAexp20: | 18,316.57 | |
| MAexp50: | 18,304.99 | |
| MAexp100: | 18,295.90 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +2.85% | |
| Price / MA50: | +1.19% | |
| Price / MA100: | +2.39% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.25% |
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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