NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 11/06/2023 (GMT)

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 14,938.09 USD

My targets

15,239.62 USD (+0.93%)

15,841.35 USD (+4.91%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on NASDAQ100 INDEX. This is a positive signal for buyers. As long as the price remains above 14,938.09 USD, a purchase could be considered. The first bullish objective is located at 15,239.62 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15,841.35 USD as an objective. Crossing it would then enable buyers to target 16,573.30 USD. In the event of a return below 14,938.09 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.4

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

Additional analysis

Quotes

NASDAQ100 INDEX rating 15,099.49 USD. The price registered an increase of +1.21% on the session and was between 14,965.29 USD and 15,149.78 USD. This implies that the price is at +0.90% from its lowest and at -0.33% from its highest.

14,965.29

15,149.78

15,099.49

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

Technical

Technical analysis of this 1H chart of NASDAQ100 INDEX indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This 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, 11 technical indicators out of 18 analysed are currently bullish. 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 which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14,508.96	14,770.42	14,938.09	15,099.49	15,239.62	15,841.35	16,573.30
Change (%)	-3.91%	-2.18%	-1.07%	-	+0.93%	+4.91%	+9.76%
Change	-590.53	-329.07	-161.40	-	+140.13	+741.86	+1,473.81
Level	Major	Minor	Intermediate	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,808.77	14,887.03	14,993.26	15,071.52	15,177.75	15,256.01	15,362.24
Camarilla	15,048.76	15,065.67	15,082.58	15,099.49	15,116.40	15,133.31	15,150.23
Woodie	14,822.76	14,894.02	15,007.25	15,078.51	15,191.74	15,263.00	15,376.23
Fibonacci	14,887.03	14,957.51	15,001.05	15,071.52	15,142.00	15,185.54	15,256.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,576.39	13,901.12	14,500.31	14,825.04	15,424.23	15,748.96	16,348.15
Camarilla	14,845.41	14,930.11	15,014.80	15,099.49	15,184.18	15,268.88	15,353.57
Woodie	13,713.61	13,969.74	14,637.53	14,893.66	15,561.45	15,817.58	16,485.37
Fibonacci	13,901.12	14,254.06	14,472.11	14,825.04	15,177.98	15,396.03	15,748.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,591.76	13,325.05	13,867.41	14,600.70	15,143.06	15,876.35	16,418.71
Camarilla	14,058.98	14,175.91	14,292.85	14,409.78	14,526.72	14,643.65	14,760.58
Woodie	12,496.31	13,277.32	13,771.96	14,552.97	15,047.61	15,828.62	16,323.26
Fibonacci	13,325.05	13,812.35	14,113.40	14,600.70	15,088.00	15,389.05	15,876.35

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):	77.06
MACD (12,26,9):	177.3600
Directional Movement:	32.60
AROON (14):	100.00
DEMA (21):	15,108.23
Parabolic SAR (0,02-0,02-0,2):	15,030.40
Elder Ray (13):	143.35
Super Trend (3,10):	14,922.79
Zig ZAG (10):	15,099.49
VORTEX (21):	1.3100
Stochastique (14,3,5):	94.78
TEMA (21):	15,205.39
Williams %R (14):	-14.09
Chande Momentum Oscillator (20):	218.70
Repulse (5,40,3):	0.1100
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	6.16

MA7:	14,531.32
MA20:	14,779.93
MA50:	14,951.79
MA100:	15,083.54
MAexp7:	15,067.71
MAexp20:	14,882.84
MAexp50:	14,692.67
MAexp100:	14,685.31
Price / MA7:	+3.91%
Price / MA20:	+2.16%
Price / MA50:	+0.99%
Price / MA100:	+0.11%
Price / MAexp7:	+0.21%
Price / MAexp20:	+1.46%
Price / MAexp50:	+2.77%
Price / MAexp100:	+2.82%

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.

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