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NASDAQ100 INDEX
NASDAQ100 INDEX
- USD (-)
- 15 min delayed data - NASDAQ US Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 05/18/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - 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
83%
0%
17%
My opinion
Bullish above 13,667.20 USD
My targets
13,943.99 USD (+1.22%)
14,472.10 USD (+5.06%)
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 13,667.20 USD. The next resistance located at 13,943.99 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 14,472.10 USD. After this resistance, buyers could then target 15,239.30 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
0
10
8.8

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.

indypan
This analysis was given by indypan. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NASDAQ100 INDEX rating 13,775.43 USD. The price registered an increase of +1.37% on the session and was traded between 13,606.81 USD and 13,800.82 USD over the period. The price is currently at +1.24% from its lowest and -0.18% from its highest.

13,606.81
13,800.82
13,775.43

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, 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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,246.00 13,425.80 13,667.20 13,775.43 14,472.10 15,239.30 16,573.30
Change (%) -3.84% -2.54% -0.79% - +5.06% +10.63% +20.31%
Change -529.43 -349.63 -108.23 - +696.67 +1,463.87 +2,797.87
Level Intermediate Intermediate Major - 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
Standard13,280.6513,350.0013,469.6313,538.9813,658.6113,727.9613,847.59
Camarilla13,537.2913,554.6113,571.9413,589.2613,606.5813,623.9113,641.23
Woodie13,305.7913,362.5713,494.7713,551.5513,683.7513,740.5313,872.73
Fibonacci13,350.0013,422.1913,466.7913,538.9813,611.1713,655.7713,727.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,978.6913,085.8913,213.0313,320.2313,447.3713,554.5713,681.71
Camarilla13,275.7413,297.2213,318.7013,340.1813,361.6613,383.1413,404.62
Woodie12,988.6713,090.8813,223.0113,325.2213,457.3513,559.5613,691.69
Fibonacci13,085.8913,175.4113,230.7113,320.2313,409.7513,465.0513,554.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,374.5412,549.3912,897.6913,072.5413,420.8413,595.6913,943.99
Camarilla13,102.1213,150.0813,198.0413,245.9913,293.9513,341.9013,389.86
Woodie12,461.2712,592.7512,984.4213,115.9013,507.5713,639.0514,030.72
Fibonacci12,549.3912,749.2312,872.7013,072.5413,272.3813,395.8513,595.69

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): 74.91
MACD (12,26,9): 96.7800
Directional Movement: 32.04
AROON (14): 64.28
DEMA (21): 13,695.41
Parabolic SAR (0,02-0,02-0,2): 13,665.39
Elder Ray (13): 117.36
Super Trend (3,10): 13,590.17
Zig ZAG (10): 13,755.45
VORTEX (21): 1.3300
Stochastique (14,3,5): 87.94
TEMA (21): 13,742.99
Williams %R (14): -10.88
Chande Momentum Oscillator (20): 332.03
Repulse (5,40,3): 0.5100
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 3.53
MA7: 13,467.20
MA20: 13,213.53
MA50: 12,935.99
MA100: 12,391.20
MAexp7: 13,696.05
MAexp20: 13,576.63
MAexp50: 13,445.26
MAexp100: 13,325.41
Price / MA7: +2.29%
Price / MA20: +4.25%
Price / MA50: +6.49%
Price / MA100: +11.17%
Price / MAexp7: +0.58%
Price / MAexp20: +1.46%
Price / MAexp50: +2.46%
Price / MAexp100: +3.38%

Quotes : - 15 min delayed data - NASDAQ US Indices

News


The last news published on NASDAQ100 INDEX at the time of the generation of this analysis was as follows:

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

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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