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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 10/17/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 14,899.92 USD
My targets
15,250.14 USD (+0.59%)
15,333.98 USD (+1.15%)
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 14,899.92 USD. The buyers' bullish objective is set at 15,250.14 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15,333.98 USD. If there is any crossing, the next objective would be the resistance located at 15,512.80 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.9

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.

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15 min. Daily Weekly

Additional analysis

Quotes

The NASDAQ100 INDEX price is 15,160.32 USD. The price is lower by -0.08% since the last closing and was between 14,932.77 USD and 15,187.06 USD. This implies that the price is at +1.52% from its lowest and at -0.18% from its highest.

14,932.77
15,187.06
15,160.32

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

Central Gaps

Opening Gap DOWN

Type : Bearish

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

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 LOW record (1 month)

Type : Bearish

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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14,694.80 14,899.92 15,148.10 15,160.32 15,250.14 15,333.98 15,512.80
Change (%) -3.07% -1.72% -0.08% - +0.59% +1.15% +2.33%
Change -465.52 -260.40 -12.22 - +89.82 +173.66 +352.48
Level Major Major Intermediate - Intermediate Minor Minor



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
Standard14,914.6014,980.9415,076.8315,143.1715,239.0615,305.4015,401.29
Camarilla15,128.1215,142.9915,157.8615,172.7315,187.6015,202.4715,217.34
Woodie14,929.3914,988.3315,091.6215,150.5615,253.8515,312.7915,416.08
Fibonacci14,980.9415,042.9115,081.2015,143.1715,205.1415,243.4315,305.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,245.3114,530.8114,762.9715,048.4715,280.6315,566.1315,798.29
Camarilla14,852.7614,900.2214,947.6714,995.1215,042.5715,090.0215,137.48
Woodie14,218.6314,517.4814,736.2915,035.1415,253.9515,552.8015,771.61
Fibonacci14,530.8114,728.5614,850.7315,048.4715,246.2215,368.3915,566.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,039.3613,735.9814,225.6114,922.2315,411.8616,108.4816,598.11
Camarilla14,389.0214,497.7614,606.5014,715.2414,823.9814,932.7215,041.46
Woodie12,935.8713,684.2314,122.1214,870.4815,308.3716,056.7316,494.62
Fibonacci13,735.9814,189.1314,469.0814,922.2315,375.3815,655.3316,108.48

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): 54.05
MACD (12,26,9): 7.0300
Directional Movement: -2.43
AROON (14): -7.14
DEMA (21): 15,135.68
Parabolic SAR (0,02-0,02-0,2): 15,198.54
Elder Ray (13): 44.24
Super Trend (3,10): 15,224.37
Zig ZAG (10): 15,172.40
VORTEX (21): 0.9600
Stochastique (14,3,5): 73.22
TEMA (21): 15,109.38
Williams %R (14): -13.66
Chande Momentum Oscillator (20): 162.77
Repulse (5,40,3): 0.8600
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.61
MA7: 15,134.97
MA20: 14,875.30
MA50: 15,056.29
MA100: 15,066.57
MAexp7: 15,128.68
MAexp20: 15,124.28
MAexp50: 15,071.00
MAexp100: 15,006.42
Price / MA7: +0.17%
Price / MA20: +1.92%
Price / MA50: +0.69%
Price / MA100: +0.62%
Price / MAexp7: +0.21%
Price / MAexp20: +0.24%
Price / MAexp50: +0.59%
Price / MAexp100: +1.03%

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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