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 - Daily - Technical analysis published on 05/24/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 13,246.00 USD

My targets

14,472.10 USD (+5.85%)

15,239.30 USD (+11.46%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NASDAQ100 INDEX as long as the price remains well above 13,246.00 USD. The buyers' bullish objective is set at 14,472.10 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15,239.30 USD. If there is any crossing, the next objective would be the resistance located at 16,573.30 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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

Additional analysis

Quotes

NASDAQ100 INDEX rating 13,672.54 USD. The price registered a decrease of -1.28% on the session with the lowest point at 13,662.91 USD and the highest point at 13,827.10 USD. The deviation from the price is +0.07% for the low point and -1.12% for the high point.

13,662.91

13,827.10

13,672.54

A study of price movements over other periods shows the following variations:

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 market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,730.00	13,246.00	13,667.20	13,672.54	14,472.10	15,239.30	16,573.30
Change (%)	-6.89%	-3.12%	-0.04%	-	+5.85%	+11.46%	+21.22%
Change	-942.54	-426.54	-5.34	-	+799.56	+1,566.76	+2,900.76
Level	Intermediate	Intermediate	Intermediate	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,450.41	13,556.66	13,614.60	13,720.85	13,778.79	13,885.04	13,942.98
Camarilla	13,627.39	13,642.44	13,657.49	13,672.54	13,687.59	13,702.64	13,717.69
Woodie	13,426.26	13,544.58	13,590.45	13,708.77	13,754.64	13,872.96	13,918.83
Fibonacci	13,556.66	13,619.38	13,658.13	13,720.85	13,783.57	13,822.32	13,885.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,866.18	13,082.02	13,442.75	13,658.59	14,019.32	14,235.16	14,595.89
Camarilla	13,644.93	13,697.79	13,750.64	13,803.49	13,856.34	13,909.20	13,962.05
Woodie	12,938.64	13,118.24	13,515.21	13,694.81	14,091.78	14,271.38	14,668.35
Fibonacci	13,082.02	13,302.27	13,438.34	13,658.59	13,878.84	14,014.91	14,235.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,374.54	12,549.39	12,897.69	13,072.54	13,420.84	13,595.69	13,943.99
Camarilla	13,102.12	13,150.08	13,198.04	13,245.99	13,293.95	13,341.90	13,389.86
Woodie	12,461.27	12,592.75	12,984.42	13,115.90	13,507.57	13,639.05	14,030.72
Fibonacci	12,549.39	12,749.23	12,872.70	13,072.54	13,272.38	13,395.85	13,595.69

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.11
MACD (12,26,9):	215.8500
Directional Movement:	16.19
AROON (14):	85.72
DEMA (21):	13,681.57
Parabolic SAR (0,02-0,02-0,2):	13,560.02
Elder Ray (13):	218.60
Super Trend (3,10):	13,359.55
Zig ZAG (10):	13,672.54
VORTEX (21):	1.1100
Stochastique (14,3,5):	88.22
TEMA (21):	13,749.41
Williams %R (14):	-23.15
Chande Momentum Oscillator (20):	413.41
Repulse (5,40,3):	-0.1800
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	8.42

MA7:	13,655.60
MA20:	13,349.46
MA50:	13,049.28
MA100:	12,480.45
MAexp7:	13,655.65
MAexp20:	13,411.70
MAexp50:	13,056.94
MAexp100:	12,674.28
Price / MA7:	+0.12%
Price / MA20:	+2.42%
Price / MA50:	+4.78%
Price / MA100:	+9.55%
Price / MAexp7:	+0.12%
Price / MAexp20:	+1.94%
Price / MAexp50:	+4.71%
Price / MAexp100:	+7.88%

Quotes : - 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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