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 10/23/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 14,694.80 USD

My targets

14,504.31 USD (-0.39%)

14,116.79 USD (-3.05%)

My analysis

NASDAQ100 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14,694.80 USD. The next support located at 14,504.31 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14,116.79 USD. Below this support, sellers could then target 13,667.20 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

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

Additional analysis

Quotes

NASDAQ100 INDEX rating 14,560.88 USD. The price registered a decrease of -1.50% on the session and was traded between 14,552.12 USD and 14,781.22 USD over the period. The price is currently at +0.06% from its lowest and -1.49% from its highest.

14,552.12

14,781.22

14,560.88

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

Technical

Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,818.17	13,667.20	14,504.31	14,560.88	14,694.80	14,936.32	15,236.52
Change (%)	-11.97%	-6.14%	-0.39%	-	+0.92%	+2.58%	+4.64%
Change	-1,742.71	-893.68	-56.57	-	+133.92	+375.44	+675.64
Level	Minor	Intermediate	Intermediate	-	Intermediate	Intermediate	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
Standard	14,252.49	14,402.31	14,481.59	14,631.41	14,710.69	14,860.51	14,939.79
Camarilla	14,497.88	14,518.88	14,539.88	14,560.88	14,581.88	14,602.88	14,623.88
Woodie	14,217.23	14,384.68	14,446.33	14,613.78	14,675.43	14,842.88	14,904.53
Fibonacci	14,402.31	14,489.82	14,543.89	14,631.41	14,718.92	14,772.99	14,860.51

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,681.45	14,116.79	14,338.83	14,774.17	14,996.21	15,431.55	15,653.59
Camarilla	14,380.10	14,440.36	14,500.62	14,560.88	14,621.14	14,681.40	14,741.66
Woodie	13,574.81	14,063.47	14,232.19	14,720.85	14,889.57	15,378.23	15,546.95
Fibonacci	14,116.79	14,367.91	14,523.05	14,774.17	15,025.29	15,180.43	15,431.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,039.36	13,735.98	14,225.61	14,922.23	15,411.86	16,108.48	16,598.11
Camarilla	14,389.02	14,497.76	14,606.50	14,715.24	14,823.98	14,932.72	15,041.46
Woodie	12,935.87	13,684.23	14,122.12	14,870.48	15,308.37	16,056.73	16,494.62
Fibonacci	13,735.98	14,189.13	14,469.08	14,922.23	15,375.38	15,655.33	16,108.48

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):	28.48
MACD (12,26,9):	-120.4600
Directional Movement:	-20.35
AROON (14):	-71.43
DEMA (21):	14,645.86
Parabolic SAR (0,02-0,02-0,2):	14,713.73
Elder Ray (13):	-136.62
Super Trend (3,10):	14,872.68
Zig ZAG (10):	14,560.88
VORTEX (21):	0.7300
Stochastique (14,3,5):	11.97
TEMA (21):	14,572.96
Williams %R (14):	-98.14
Chande Momentum Oscillator (20):	-346.36
Repulse (5,40,3):	-0.8200
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	4.25

MA7:	14,961.03
MA20:	14,866.79
MA50:	15,030.13
MA100:	15,082.61
MAexp7:	14,652.46
MAexp20:	14,792.96
MAexp50:	14,916.89
MAexp100:	14,947.52
Price / MA7:	-2.67%
Price / MA20:	-2.06%
Price / MA50:	-3.12%
Price / MA100:	-3.46%
Price / MAexp7:	-0.63%
Price / MAexp20:	-1.57%
Price / MAexp50:	-2.39%
Price / MAexp100:	-2.59%

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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