NASDAQ100 INDEX

- USD (-)

- 15 min delayed data - NASDAQ US Indices

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Low:	-
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High / Low range:	-

Type:	Indices
Ticker:	NDX
ISIN:

NASDAQ100 INDEX - 1H - Technical analysis published on 07/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

56%

11%

My opinion

Bearish under 19,979.48 USD

My targets

19,474.62 USD (-1.17%)

19,113.90 USD (-3.00%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 INDEX as long as the price remains well below 19,979.48 USD. The sellers' bearish objective is set at 19,474.62 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19,113.90 USD. In case of crossing, the next objective would be the support located at 18,940.70 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.1

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

Additional analysis

Quotes

The NASDAQ100 INDEX price is 19,705.09 USD. On the day, this instrument lost -0.48% and was traded between 19,575.79 USD and 19,947.98 USD over the period. The price is currently at +0.66% from its lowest and -1.22% from its highest.

19,575.79

19,947.98

19,705.09

Here is a more detailed summary of the historical variations registered by NASDAQ100 INDEX:

Technical

A technical analysis in 1H of this NASDAQ100 INDEX chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 2 are neutral and 10 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18,940.70	19,113.90	19,474.62	19,705.09	19,979.48	20,165.00	20,402.44
Change (%)	-3.88%	-3.00%	-1.17%	-	+1.39%	+2.33%	+3.54%
Change	-764.39	-591.19	-230.47	-	+274.39	+459.91	+697.35
Level	Minor	Minor	Intermediate	-	Intermediate	Intermediate	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
Standard	19,165.74	19,370.76	19,537.93	19,742.95	19,910.12	20,115.14	20,282.31
Camarilla	19,602.74	19,636.86	19,670.97	19,705.09	19,739.21	19,773.33	19,807.44
Woodie	19,146.81	19,361.30	19,519.00	19,733.49	19,891.19	20,105.68	20,263.38
Fibonacci	19,370.76	19,512.94	19,600.78	19,742.95	19,885.13	19,972.97	20,115.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19,574.70	19,869.85	20,100.67	20,395.82	20,626.64	20,921.79	21,152.61
Camarilla	20,186.85	20,235.06	20,283.28	20,331.49	20,379.70	20,427.92	20,476.13
Woodie	19,542.54	19,853.77	20,068.51	20,379.74	20,594.48	20,905.71	21,120.45
Fibonacci	19,869.85	20,070.77	20,194.90	20,395.82	20,596.74	20,720.87	20,921.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,085.92	17,739.24	18,711.06	19,364.38	20,336.20	20,989.52	21,961.34
Camarilla	19,235.96	19,384.93	19,533.90	19,682.87	19,831.84	19,980.81	20,129.78
Woodie	17,245.16	17,818.87	18,870.30	19,444.01	20,495.44	21,069.15	22,120.58
Fibonacci	17,739.24	18,360.05	18,743.58	19,364.38	19,985.19	20,368.72	20,989.52

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):	32.93
MACD (12,26,9):	-177.6500
Directional Movement:	-20.22
AROON (14):	-100.00
DEMA (21):	19,695.28
Parabolic SAR (0,02-0,02-0,2):	19,585.58
Elder Ray (13):	-148.53
Super Trend (3,10):	20,012.33
Zig ZAG (10):	19,705.09
VORTEX (21):	0.7900
Stochastique (14,3,5):	15.43
TEMA (21):	19,594.41
Williams %R (14):	-74.37
Chande Momentum Oscillator (20):	-220.73
Repulse (5,40,3):	0.0700
ROCnROLL:	2
TRIX (15,9):	-0.1200
Courbe Coppock:	5.33

MA7:	20,215.42
MA20:	20,032.73
MA50:	19,292.92
MA100:	18,611.60
MAexp7:	19,728.93
MAexp20:	19,917.94
MAexp50:	20,106.47
MAexp100:	20,075.84
Price / MA7:	-2.52%
Price / MA20:	-1.64%
Price / MA50:	+2.14%
Price / MA100:	+5.88%
Price / MAexp7:	-0.12%
Price / MAexp20:	-1.07%
Price / MAexp50:	-2.00%
Price / MAexp100:	-1.85%

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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