NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/15/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 18,510.17 USD
My targets
18,777.67 USD (+0.58%)
My analysis
The bullish trend is currently very strong on NASDAQ100 - MINI NASDAQ100 FULL0624. As long as the price remains above the support at 18,510.17 USD, you could try to benefit from the boom. The first bullish objective is located at 18,777.67 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0624 rating 18,668.75 USD. The price registered an increase of +1.38% on the session with the lowest point at 18,393.00 USD and the highest point at 18,670.25 USD. The deviation from the price is +1.50% for the low point and -0.01% for the high point.18,393.00
18,670.25
18,668.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NASDAQ100 - MINI NASDAQ100 FULL0624 chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 18,266.69 | 18,433.00 | 18,585.75 | 18,668.75 |
| Change (%) | -2.15% | -1.26% | -0.44% | - |
| Change | -402.06 | -235.75 | -83.00 | - |
| Level | Intermediate | Intermediate | 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 | 17,975.17 | 18,070.33 | 18,242.67 | 18,337.83 | 18,510.17 | 18,605.33 | 18,777.67 |
| Camarilla | 18,341.44 | 18,365.96 | 18,390.48 | 18,415.00 | 18,439.52 | 18,464.04 | 18,488.56 |
| Woodie | 18,013.75 | 18,089.63 | 18,281.25 | 18,357.13 | 18,548.75 | 18,624.63 | 18,816.25 |
| Fibonacci | 18,070.33 | 18,172.52 | 18,235.65 | 18,337.83 | 18,440.02 | 18,503.15 | 18,605.33 |
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): | 82.21 | |
| MACD (12,26,9): | 50.4400 | |
| Directional Movement: | 29.76 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 18,631.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,579.01 | |
| Elder Ray (13): | 50.36 | |
| Super Trend (3,10): | 18,572.36 | |
| Zig ZAG (10): | 18,645.00 | |
| VORTEX (21): | 1.3300 | |
| Stochastique (14,3,5): | 98.99 | |
| TEMA (21): | 18,657.78 | |
| Williams %R (14): | -0.33 | |
| Chande Momentum Oscillator (20): | 89.00 | |
| Repulse (5,40,3): | 0.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.29 |
| MA7: | 18,318.25 | |
| MA20: | 17,887.44 | |
| MA50: | 18,136.37 | |
| MA100: | 17,928.13 | |
| MAexp7: | 18,632.25 | |
| MAexp20: | 18,568.46 | |
| MAexp50: | 18,500.37 | |
| MAexp100: | 18,446.85 | |
| Price / MA7: | +1.91% | |
| Price / MA20: | +4.37% | |
| Price / MA50: | +2.94% | |
| Price / MA100: | +4.13% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.91% | |
| Price / MAexp100: | +1.20% |
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.
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