S&P 500 NONUS DOLLAR ER
SP500NUSDER
374.53 USD (-1.75%)
03/28/2025 - 00:00 Closed End-of-day data - S&P Indices
Open: 381.64
Change: -6.68
Volume: 0
Low: 374.12
High: 381.75
High / Low range: 7.63
Type: Indices
Ticker: SP500NUSDER
ISIN: SP500NUSDER

S&P 500 NONUS DOLLAR ER - Daily - Technical analysis published on 06/09/2023 (GMT)

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  • 06/09/2023 - 15:35
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  • Timeframe : Daily
  • - Analysis generated on 06/09/2023 - 15:35
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 309.23 USD
My targets
336.57 USD (+3.26%)
338.26 USD (+3.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on S&P 500 NONUS DOLLAR ER as long as the price remains well above 309.23 USD. The buyers' bullish objective is set at 336.57 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 338.26 USD. If there is any crossing, the next objective would be the resistance located at 387.28 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8

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 Londinia.

Additional analysis

Quotes

S&P 500 NONUS DOLLAR ER rating 325.94 USD. The price registered an increase of +1.27% on the session with the lowest point at 321.19 USD and the highest point at 326.20 USD. The deviation from the price is +1.48% for the low point and -0.08% for the high point.

321.19
326.20
325.94

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-7.507.51522.5January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of S&P 500 NONUS DOLLAR ER in Daily shows a strongly overall bullish trend. 89.29% 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. 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, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 272.10 290.51 324.83 325.94 387.28 411.32 675.13
Change (%) -16.52% -10.87% -0.34% - +18.82% +26.20% +107.13%
Change -53.84 -35.43 -1.11 - +61.34 +85.38 +349.19
Level Major Intermediate Major - Minor Intermediate Minor



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
Standard321.40322.94324.69326.23327.98329.52331.27
Camarilla325.54325.84326.14326.44326.74327.04327.35
Woodie321.51322.99324.80326.28328.09329.57331.38
Fibonacci322.94324.20324.97326.23327.49328.26329.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard304.96308.91316.06320.01327.16331.11338.26
Camarilla320.15321.17322.18323.20324.22325.24326.25
Woodie306.55309.71317.65320.81328.75331.91339.85
Fibonacci308.91313.15315.77320.01324.25326.87331.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard295.56303.05309.23316.72322.90330.39336.57
Camarilla311.66312.91314.17315.42316.67317.93319.18
Woodie294.92302.72308.59316.39322.26330.06335.93
Fibonacci303.05308.27311.50316.72321.94325.17330.39

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
Created with Raphaël 2.3.0Buy14
Moving averages
Created with Raphaël 2.3.0Buy25

RSI (14): 60.46
MACD (12,26,9): 1.6900
Directional Movement: 8.90
AROON (14): 85.72
DEMA (21): 322.44
Parabolic SAR (0,02-0,02-0,2): 316.94
Elder Ray (13): 3.63
Super Trend (3,10): 314.54
Zig ZAG (10): 325.10
VORTEX (21): 1.1200
Stochastique (14,3,5): 88.65
TEMA (21): 323.37
Williams %R (14): -6.96
Chande Momentum Oscillator (20): 12.70
Repulse (5,40,3): 0.7300
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 3.56
MA7: 323.37
MA20: 319.49
MA50: 319.61
MA100: 314.65
MAexp7: 323.02
MAexp20: 320.57
MAexp50: 318.08
MAexp100: 314.30
Price / MA7: +0.79%
Price / MA20: +2.02%
Price / MA50: +1.98%
Price / MA100: +3.59%
Price / MAexp7: +0.90%
Price / MAexp20: +1.68%
Price / MAexp50: +2.47%
Price / MAexp100: +3.70%

Quotes : 06/08/2023 - 00:00 - End-of-day data - S&P Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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