NASDAQ100 - MINI NASDAQ100 FULL1224 - 15 min. - Technical analysis published on 07/26/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
28%
61%
My opinion
Bullish above 19,088.67 USD
My targets
19,294.08 USD (+0.67%)
19,595.92 USD (+2.25%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NASDAQ100 - MINI NASDAQ100 FULL0924. As long as you are above the support located at 19,088.67 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 19,294.08 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 19,595.92 USD as an objective. Crossing it would then enable buyers to target 19,801.33 USD. If the support 19,088.67 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.3
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Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0924 rating 19,165.50 USD. The price registered an increase of +0.91% on the session and was traded between 18,995.00 USD and 19,236.50 USD over the period. The price is currently at +0.90% from its lowest and -0.37% from its highest.18,995.00
19,236.50
19,165.50
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0924 indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 2 are bullish, 11 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17,434.44 | 18,027.85 | 18,843.85 | 19,165.50 | 19,168.75 | 19,750.75 | 19,973.80 |
| Change (%) | -9.03% | -5.94% | -1.68% | - | +0.02% | +3.05% | +4.22% |
| Change | -1,731.06 | -1,137.65 | -321.65 | - | +3.25 | +585.25 | +808.30 |
| Level | Intermediate | Major | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,279.58 | 18,581.42 | 18,786.83 | 19,088.67 | 19,294.08 | 19,595.92 | 19,801.33 |
| Camarilla | 18,852.76 | 18,899.25 | 18,945.75 | 18,992.25 | 19,038.75 | 19,085.25 | 19,131.74 |
| Woodie | 18,231.38 | 18,557.31 | 18,738.63 | 19,064.56 | 19,245.88 | 19,571.81 | 19,753.13 |
| Fibonacci | 18,581.42 | 18,775.19 | 18,894.90 | 19,088.67 | 19,282.44 | 19,402.15 | 19,595.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,169.33 | 18,911.67 | 19,312.33 | 20,054.67 | 20,455.33 | 21,197.67 | 21,598.33 |
| Camarilla | 19,398.68 | 19,503.45 | 19,608.23 | 19,713.00 | 19,817.78 | 19,922.55 | 20,027.33 |
| Woodie | 17,998.50 | 18,826.25 | 19,141.50 | 19,969.25 | 20,284.50 | 21,112.25 | 21,427.50 |
| Fibonacci | 18,911.67 | 19,348.29 | 19,618.04 | 20,054.67 | 20,491.29 | 20,761.04 | 21,197.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,367.50 | 18,032.00 | 19,042.00 | 19,706.50 | 20,716.50 | 21,381.00 | 22,391.00 |
| Camarilla | 19,591.51 | 19,745.01 | 19,898.50 | 20,052.00 | 20,205.50 | 20,358.99 | 20,512.49 |
| Woodie | 17,540.25 | 18,118.38 | 19,214.75 | 19,792.88 | 20,889.25 | 21,467.38 | 22,563.75 |
| Fibonacci | 18,032.00 | 18,671.66 | 19,066.84 | 19,706.50 | 20,346.16 | 20,741.34 | 21,381.00 |
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): | 51.87 | |
| MACD (12,26,9): | 17.8100 | |
| Directional Movement: | 0.24 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 19,204.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 19,236.50 | |
| Elder Ray (13): | -12.25 | |
| Super Trend (3,10): | 19,144.55 | |
| Zig ZAG (10): | 19,172.25 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 43.28 | |
| TEMA (21): | 19,204.71 | |
| Williams %R (14): | -67.68 | |
| Chande Momentum Oscillator (20): | -15.25 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.06 |
| MA7: | 19,557.86 | |
| MA20: | 20,150.81 | |
| MA50: | 19,760.68 | |
| MA100: | 19,083.53 | |
| MAexp7: | 19,186.19 | |
| MAexp20: | 19,178.73 | |
| MAexp50: | 19,151.07 | |
| MAexp100: | 19,167.50 | |
| Price / MA7: | -2.01% | |
| Price / MA20: | -4.89% | |
| Price / MA50: | -3.01% | |
| Price / MA100: | +0.43% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | -0.01% |
Quotes :
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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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