NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Change:	-
Volume:	-

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Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - Daily - Technical analysis published on 02/08/2021 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 12,921.30 USD

My targets

14,035.13 USD (+3.17%)

14,506.57 USD (+6.63%)

My analysis

NASDAQ100 INDEX 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 12,921.30 USD. The next resistance located at 14,035.13 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 14,506.57 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

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 RudeWorld. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NASDAQ100 INDEX price is 13,603.96 USD. The price registered an increase of +0.32% on the session and was between 13,527.81 USD and 13,642.96 USD. This implies that the price is at +0.56% from its lowest and at -0.29% from its highest.

13,527.81

13,642.96

13,603.96

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of NASDAQ100 INDEX in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Price

	S3	S2	S1	Price
ProTrendLines	11,650.40	12,420.50	12,921.30	13,603.96
Change (%)	-14.36%	-8.70%	-5.02%	-
Change	-1,953.56	-1,183.46	-682.66	-
Level	Minor	Intermediate	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
Standard	13,301.02	13,353.73	13,457.31	13,510.02	13,613.60	13,666.31	13,769.89
Camarilla	13,517.91	13,532.24	13,546.56	13,560.89	13,575.22	13,589.54	13,603.87
Woodie	13,326.46	13,366.45	13,482.75	13,522.74	13,639.03	13,679.03	13,795.32
Fibonacci	13,353.73	13,413.43	13,450.32	13,510.02	13,569.72	13,606.61	13,666.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,941.00	12,393.20	12,659.30	13,111.50	13,377.60	13,829.80	14,095.90
Camarilla	12,727.87	12,793.71	12,859.56	12,925.40	12,991.25	13,057.09	13,122.93
Woodie	11,847.95	12,346.68	12,566.25	13,064.98	13,284.55	13,783.28	14,002.85
Fibonacci	12,393.20	12,667.59	12,837.11	13,111.50	13,385.89	13,555.41	13,829.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,427.67	11,982.53	12,453.97	13,008.83	13,480.27	14,035.13	14,506.57
Camarilla	12,643.17	12,737.25	12,831.32	12,925.40	13,019.48	13,113.56	13,207.63
Woodie	11,385.95	11,961.68	12,412.25	12,987.98	13,438.55	14,014.28	14,464.85
Fibonacci	11,982.53	12,374.58	12,616.79	13,008.83	13,400.88	13,643.09	14,035.13

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):	63.26
MACD (12,26,9):	197.6600
Directional Movement:	7.12
AROON (14):	100.00
DEMA (21):	13,478.16
Parabolic SAR (0,02-0,02-0,2):	12,887.84
Elder Ray (13):	267.83
Super Trend (3,10):	12,926.43
Zig ZAG (10):	13,603.96
VORTEX (21):	1.0600
Stochastique (14,3,5):	91.58
TEMA (21):	13,497.31
Williams %R (14):	-4.89
Chande Momentum Oscillator (20):	307.46
Repulse (5,40,3):	0.6100
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	6.26

MA7:	13,342.73
MA20:	13,206.28
MA50:	12,832.60
MA100:	12,199.04
MAexp7:	13,419.76
MAexp20:	13,216.80
MAexp50:	12,835.92
MAexp100:	12,305.12
Price / MA7:	+1.96%
Price / MA20:	+3.01%
Price / MA50:	+6.01%
Price / MA100:	+11.52%
Price / MAexp7:	+1.37%
Price / MAexp20:	+2.93%
Price / MAexp50:	+5.98%
Price / MAexp100:	+10.56%

Quotes : 2021-02-05 20:59:59 - 15 min delayed data - NASDAQ US Indices

News

Don"t forget to follow the news on NASDAQ100 INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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