S&P400 - MINI S&P400 FULL0325 - 15 min. - Technical analysis published on 07/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 3,115.53 USD
My targets
3,169.17 USD (+1.03%)
3,197.13 USD (+1.92%)
My analysis
S&P400 - MINI S&P400 FULL0924 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 3,115.53 USD. The next resistance located at 3,169.17 USD is the next bullish objective 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 3,197.13 USD. After this resistance, buyers could then target 3,250.77 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.9
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Additional analysis
Quotes
S&P400 - MINI S&P400 FULL0924 rating 3,136.90 USD. On the day, this instrument lost -0.14% and was between 3,122.20 USD and 3,143.90 USD. This implies that the price is at +0.47% from its lowest and at -0.22% from its highest.3,122.20
3,143.90
3,136.90
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P400 - MINI S&P400 FULL0924:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 S&P400 - MINI S&P400 FULL0924 chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed 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.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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 1
Type : Neutral
Timeframe : Weekly
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : 15 minutes
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 3,027.40 | 3,061.80 | 3,080.01 | 3,136.90 |
| Change (%) | -3.49% | -2.39% | -1.81% | - |
| Change | -109.50 | -75.10 | -56.89 | - |
| Level | Minor | 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 | 3,005.97 | 3,033.93 | 3,087.57 | 3,115.53 | 3,169.17 | 3,197.13 | 3,250.77 |
| Camarilla | 3,118.76 | 3,126.24 | 3,133.72 | 3,141.20 | 3,148.68 | 3,156.16 | 3,163.64 |
| Woodie | 3,018.80 | 3,040.35 | 3,100.40 | 3,121.95 | 3,182.00 | 3,203.55 | 3,263.60 |
| Fibonacci | 3,033.93 | 3,065.11 | 3,084.36 | 3,115.53 | 3,146.71 | 3,165.96 | 3,197.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,798.50 | 2,855.10 | 2,950.60 | 3,007.20 | 3,102.70 | 3,159.30 | 3,254.80 |
| Camarilla | 3,004.27 | 3,018.22 | 3,032.16 | 3,046.10 | 3,060.04 | 3,073.99 | 3,087.93 |
| Woodie | 2,817.95 | 2,864.83 | 2,970.05 | 3,016.93 | 3,122.15 | 3,169.03 | 3,274.25 |
| Fibonacci | 2,855.10 | 2,913.20 | 2,949.10 | 3,007.20 | 3,065.30 | 3,101.20 | 3,159.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,732.63 | 2,821.67 | 2,875.13 | 2,964.17 | 3,017.63 | 3,106.67 | 3,160.13 |
| Camarilla | 2,889.41 | 2,902.48 | 2,915.54 | 2,928.60 | 2,941.66 | 2,954.73 | 2,967.79 |
| Woodie | 2,714.85 | 2,812.78 | 2,857.35 | 2,955.28 | 2,999.85 | 3,097.78 | 3,142.35 |
| Fibonacci | 2,821.67 | 2,876.10 | 2,909.73 | 2,964.17 | 3,018.60 | 3,052.23 | 3,106.67 |
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): | 60.63 | |
| MACD (12,26,9): | 1.1800 | |
| Directional Movement: | 5.39 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 3,136.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,126.39 | |
| Elder Ray (13): | 3.84 | |
| Super Trend (3,10): | 3,130.23 | |
| Zig ZAG (10): | 3,141.50 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 95.40 | |
| TEMA (21): | 3,135.45 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 15.10 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.15 |
| MA7: | 3,039.70 | |
| MA20: | 2,980.35 | |
| MA50: | 2,993.67 | |
| MA100: | 2,993.52 | |
| MAexp7: | 3,138.62 | |
| MAexp20: | 3,135.55 | |
| MAexp50: | 3,129.58 | |
| MAexp100: | 3,114.81 | |
| Price / MA7: | +3.20% | |
| Price / MA20: | +5.25% | |
| Price / MA50: | +4.78% | |
| Price / MA100: | +4.79% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.71% |
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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