NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 18,601.92 USD
My targets
18,729.42 USD (+0.29%)
18,808.83 USD (+0.72%)
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 18,601.92 USD. The buyers' bullish objective is set at 18,729.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18,808.83 USD. If there is any crossing, the next objective would be the resistance located at 18,856.92 USD.
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
6.1
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Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 price is 18,674.75 USD. On the day, this instrument gained +0.13% and was traded between 18,617.00 USD and 18,686.75 USD over the period. The price is currently at +0.31% from its lowest and -0.06% from its highest.18,617.00
18,686.75
18,674.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0624:
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 this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
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 : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 18,393.06 | 18,585.75 | 18,672.00 | 18,674.75 | 18,760.75 |
| Change (%) | -1.51% | -0.48% | -0.01% | - | +0.46% |
| Change | -281.69 | -89.00 | -2.75 | - | +86.00 |
| Level | Minor | Major | Minor | - | 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 | 18,474.42 | 18,553.83 | 18,601.92 | 18,681.33 | 18,729.42 | 18,808.83 | 18,856.92 |
| Camarilla | 18,614.94 | 18,626.63 | 18,638.31 | 18,650.00 | 18,661.69 | 18,673.38 | 18,685.06 |
| Woodie | 18,458.75 | 18,546.00 | 18,586.25 | 18,673.50 | 18,713.75 | 18,801.00 | 18,841.25 |
| Fibonacci | 18,553.83 | 18,602.54 | 18,632.63 | 18,681.33 | 18,730.04 | 18,760.13 | 18,808.83 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.30 | |
| MACD (12,26,9): | 6.3600 | |
| Directional Movement: | 11.86 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 18,670.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,663.00 | |
| Elder Ray (13): | 11.73 | |
| Super Trend (3,10): | 18,643.65 | |
| Zig ZAG (10): | 18,683.00 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 93.18 | |
| TEMA (21): | 18,679.23 | |
| Williams %R (14): | -6.79 | |
| Chande Momentum Oscillator (20): | 32.75 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.33 |
| MA7: | 18,457.14 | |
| MA20: | 18,019.19 | |
| MA50: | 18,146.51 | |
| MA100: | 17,954.84 | |
| MAexp7: | 18,675.50 | |
| MAexp20: | 18,663.81 | |
| MAexp50: | 18,661.72 | |
| MAexp100: | 18,661.12 | |
| Price / MA7: | +1.18% | |
| Price / MA20: | +3.64% | |
| Price / MA50: | +2.91% | |
| Price / MA100: | +4.01% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.07% |
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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