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 05/26/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 14,019.32 USD
My targets
14,472.10 USD (+1.09%)
14,595.89 USD (+1.96%)
My analysis
The bullish trend is currently very strong on NASDAQ100 INDEX. As long as the price remains above the support at 14,019.32 USD, you could try to benefit from the boom. The first bullish objective is located at 14,472.10 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14,595.89 USD as an objective. Crossing it would then enable buyers to target 15,239.30 USD. 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.

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.

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 14,315.47 USD. The price registered an increase of +2.70% on the session with the lowest point at 13,982.16 USD and the highest point at 14,329.49 USD. The deviation from the price is +2.38% for the low point and -0.10% for the high point.

13,982.16
14,329.49
14,315.47

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

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 NASDAQ100 INDEX in 1H shows a strongly overall bullish trend. 92.86% 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 market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

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
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,520.90 13,667.20 13,892.70 14,315.47 14,472.10 15,239.30 16,573.30
Change (%) -5.55% -4.53% -2.95% - +1.09% +6.45% +15.77%
Change -794.57 -648.27 -422.77 - +156.63 +923.83 +2,257.83
Level Minor Intermediate Intermediate - 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
Standard13,663.4913,737.8413,838.1813,912.5314,012.8714,087.2214,187.56
Camarilla13,890.4913,906.5013,922.5213,938.5313,954.5413,970.5613,986.57
Woodie13,676.5013,744.3413,851.1913,919.0314,025.8814,093.7214,200.57
Fibonacci13,737.8413,804.5713,845.8013,912.5313,979.2614,020.4914,087.22


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,866.1813,082.0213,442.7513,658.5914,019.3214,235.1614,595.89
Camarilla13,644.9313,697.7913,750.6413,803.4913,856.3413,909.2013,962.05
Woodie12,938.6413,118.2413,515.2113,694.8114,091.7814,271.3814,668.35
Fibonacci13,082.0213,302.2713,438.3413,658.5913,878.8414,014.9114,235.16


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): 81.94
MACD (12,26,9): 156.2200
Directional Movement: 36.89
AROON (14): 100.00
DEMA (21): 14,207.55
Parabolic SAR (0,02-0,02-0,2): 14,083.51
Elder Ray (13): 198.50
Super Trend (3,10): 14,093.05
Zig ZAG (10): 14,324.70
VORTEX (21): 1.2300
Stochastique (14,3,5): 98.27
TEMA (21): 14,306.61
Williams %R (14): -1.22
Chande Momentum Oscillator (20): 429.60
Repulse (5,40,3): 0.7500
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 8.42
MA7: 13,860.44
MA20: 13,481.96
MA50: 13,145.91
MA100: 12,571.59
MAexp7: 14,223.49
MAexp20: 14,026.36
MAexp50: 13,836.54
MAexp100: 13,652.70
Price / MA7: +3.28%
Price / MA20: +6.18%
Price / MA50: +8.90%
Price / MA100: +13.87%
Price / MAexp7: +0.65%
Price / MAexp20: +2.06%
Price / MAexp50: +3.46%
Price / MAexp100: +4.85%

Quotes : - 15 min delayed data - NASDAQ US Indices

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

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