NASDAQ100 INDEX - 1H - Technical analysis published on 08/13/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 11,070.50 USD
My targets
11,282.20 USD (+1.12%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 11,070.50 USD, you could try to benefit from the boom. The first bullish objective is located at 11,282.20 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8
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This analysis was given by NASDAQ 777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 INDEX price is 11,157.72 USD. The price has increased by +2.59% since the last closing and was between 10,970.87 USD and 11,190.25 USD. This implies that the price is at +1.70% from its lowest and at -0.29% from its highest.10,970.87
11,190.25
11,157.72
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 NASDAQ100 INDEX:
Near a 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 NASDAQ100 INDEX in 1H 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 10,855.10 | 10,952.10 | 11,070.50 | 11,157.72 | 11,159.40 | 11,282.20 |
| Change (%) | -2.71% | -1.84% | -0.78% | - | +0.02% | +1.12% |
| Change | -302.62 | -205.62 | -87.22 | - | +1.68 | +124.48 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 10,554.60 | 10,704.83 | 10,790.46 | 10,940.69 | 11,026.31 | 11,176.55 | 11,262.17 |
| Camarilla | 10,811.22 | 10,832.84 | 10,854.46 | 10,876.08 | 10,897.70 | 10,919.32 | 10,940.94 |
| Woodie | 10,522.29 | 10,688.68 | 10,758.15 | 10,924.54 | 10,994.01 | 11,160.39 | 11,229.87 |
| Fibonacci | 10,704.83 | 10,794.93 | 10,850.59 | 10,940.69 | 11,030.78 | 11,086.45 | 11,176.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,712.78 | 10,855.24 | 10,997.31 | 11,139.77 | 11,281.85 | 11,424.31 | 11,566.38 |
| Camarilla | 11,061.14 | 11,087.22 | 11,113.31 | 11,139.39 | 11,165.47 | 11,191.55 | 11,217.63 |
| Woodie | 10,712.58 | 10,855.14 | 10,997.12 | 11,139.68 | 11,281.66 | 11,424.21 | 11,566.19 |
| Fibonacci | 10,855.24 | 10,963.93 | 11,031.08 | 11,139.77 | 11,248.47 | 11,315.62 | 11,424.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,416.20 | 9,779.50 | 10,342.70 | 10,706.00 | 11,269.20 | 11,632.50 | 12,195.70 |
| Camarilla | 10,651.11 | 10,736.04 | 10,820.97 | 10,905.90 | 10,990.83 | 11,075.76 | 11,160.69 |
| Woodie | 9,516.15 | 9,829.48 | 10,442.65 | 10,755.98 | 11,369.15 | 11,682.48 | 12,295.65 |
| Fibonacci | 9,779.50 | 10,133.42 | 10,352.08 | 10,706.00 | 11,059.92 | 11,278.58 | 11,632.50 |
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): | 55.98 | |
| MACD (12,26,9): | 16.6200 | |
| Directional Movement: | -3.29 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 11,114.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,940.83 | |
| Elder Ray (13): | 48.16 | |
| Super Trend (3,10): | 10,960.48 | |
| Zig ZAG (10): | 11,157.72 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 94.04 | |
| TEMA (21): | 11,116.72 | |
| Williams %R (14): | -9.71 | |
| Chande Momentum Oscillator (20): | 140.31 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.20 |
| MA7: | 11,106.77 | |
| MA20: | 10,864.26 | |
| MA50: | 10,436.02 | |
| MA100: | 9,556.13 | |
| MAexp7: | 11,131.33 | |
| MAexp20: | 11,098.53 | |
| MAexp50: | 11,056.12 | |
| MAexp100: | 10,955.46 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +2.70% | |
| Price / MA50: | +6.92% | |
| Price / MA100: | +16.76% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +0.92% | |
| Price / MAexp100: | +1.85% |
Quotes :
2020-08-12 19:59:59
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
-
S&P 500 and NASDAQ 100 Forecast August 13, 2020
-
S&P 500 and NASDAQ 100 Forecast August 12, 2020
-
“Buzz on the Street” Show: AnPac Bio-Medical Science (NASDAQ: ANPC) Opens US Lab Operations
-
S&P 500 and NASDAQ 100 Forecast August 11, 2020
-
S&P 500 and NASDAQ 100 Forecast August 10, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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