S&P400 - MINI S&P400 FULL0325
S&P400 - MINI S&P400 FULL0325
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MCXXXX
ISIN: MCXXXX

S&P400 - MINI S&P400 FULL0325 - Weekly - Technical analysis published on 01/25/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2,344.53 USD
My targets
2,665.40 USD (+2.85%)
2,915.00 USD (+12.48%)
My analysis
S&P400 - MINI S&P400 FULL0323 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2,344.53 USD. The next resistance located at 2,665.40 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,915.00 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by palaki06. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

S&P400 - MINI S&P400 FULL0323 rating 2,591.60 USD. The price is up +1.43% over 5 days and has been traded over the last 5 days between 2,559.70 USD and 2,610.20 USD. This implies that the 5 day price is +1.25% from its lowest point and -0.71% from its highest point.

2,559.70
2,610.20
2,591.60

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by S&P400 - MINI S&P400 FULL0323:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 S&P400 - MINI S&P400 FULL0323 in Weekly shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Weekly



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
Price


S3S2S1PriceR1R2
ProTrendLines 1,777.40 2,041.50 2,228.15 2,591.60 2,665.40 2,915.00
Change (%) -31.42% -21.23% -14.02% - +2.85% +12.48%
Change -814.20 -550.10 -363.45 - +73.80 +323.40
Level Minor Intermediate Major - Major 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
Standard2,551.402,564.902,578.602,592.102,605.802,619.302,633.00
Camarilla2,584.822,587.312,589.812,592.302,594.792,597.292,599.78
Woodie2,551.502,564.952,578.702,592.152,605.902,619.352,633.10
Fibonacci2,564.902,575.292,581.712,592.102,602.492,608.912,619.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,418.802,467.102,518.502,566.802,618.202,666.502,717.90
Camarilla2,542.482,551.622,560.762,569.902,579.042,588.182,597.32
Woodie2,420.352,467.882,520.052,567.582,619.752,667.282,719.45
Fibonacci2,467.102,505.192,528.722,566.802,604.892,628.422,666.50


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,114.132,246.472,344.532,476.872,574.932,707.272,805.33
Camarilla2,379.242,400.362,421.482,442.602,463.722,484.842,505.96
Woodie2,097.002,237.902,327.402,468.302,557.802,698.702,788.20
Fibonacci2,246.472,334.482,388.852,476.872,564.882,619.252,707.27

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.45
MACD (12,26,9): 21.7900
Directional Movement: 6.47
AROON (14): 42.86
DEMA (21): 2,514.67
Parabolic SAR (0,02-0,02-0,2): 2,391.47
Elder Ray (13): 72.55
Super Trend (3,10): 2,661.92
Zig ZAG (10): 2,588.70
VORTEX (21): 1.0600
Stochastique (14,3,5): 88.31
TEMA (21): 2,559.17
Williams %R (14): -12.23
Chande Momentum Oscillator (20): 156.50
Repulse (5,40,3): 3.1400
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 14.34
MA7: 2,575.54
MA20: 2,526.84
MA50: 2,520.10
MA100: 2,451.74
MAexp7: 2,539.67
MAexp20: 2,497.62
MAexp50: 2,505.73
MAexp100: 2,473.55
Price / MA7: +0.62%
Price / MA20: +2.56%
Price / MA50: +2.84%
Price / MA100: +5.70%
Price / MAexp7: +2.04%
Price / MAexp20: +3.76%
Price / MAexp50: +3.43%
Price / MAexp100: +4.77%

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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