NASDAQ100 INDEX - 15 min. - Technical analysis published on 07/22/2024 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 19,595.49 USD
My targets
19,406.51 USD (-0.59%)
19,290.39 USD (-1.19%)
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 19,595.49 USD. The next support located at 19,406.51 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 19,290.39 USD. Below this support, sellers could then target 19,101.41 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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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 19,522.62 USD. The price registered a decrease of -0.93% on the session and was traded between 19,479.38 USD and 19,784.48 USD over the period. The price is currently at +0.22% from its lowest and -1.32% from its highest.19,479.38
19,784.48
19,522.62
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NASDAQ100 INDEX in 15 min. shows a overall strongly bearish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 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, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 18,940.70 | 19,113.90 | 19,474.62 | 19,522.62 | 19,979.48 | 20,402.44 | 20,675.38 |
Change (%) | -2.98% | -2.09% | -0.25% | - | +2.34% | +4.51% | +5.90% |
Change | -581.92 | -408.72 | -48.00 | - | +456.86 | +879.82 | +1,152.76 |
Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Major |
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 | 19,101.41 | 19,290.39 | 19,406.51 | 19,595.49 | 19,711.61 | 19,900.59 | 20,016.71 |
Camarilla | 19,438.72 | 19,466.69 | 19,494.65 | 19,522.62 | 19,550.59 | 19,578.56 | 19,606.52 |
Woodie | 19,064.97 | 19,272.18 | 19,370.07 | 19,577.28 | 19,675.17 | 19,882.38 | 19,980.27 |
Fibonacci | 19,290.39 | 19,406.94 | 19,478.95 | 19,595.49 | 19,712.04 | 19,784.05 | 19,900.59 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 18,033.82 | 18,756.60 | 19,139.61 | 19,862.39 | 20,245.40 | 20,968.18 | 21,351.19 |
Camarilla | 19,218.53 | 19,319.89 | 19,421.26 | 19,522.62 | 19,623.98 | 19,725.35 | 19,826.71 |
Woodie | 17,863.94 | 18,671.66 | 18,969.73 | 19,777.45 | 20,075.52 | 20,883.24 | 21,181.31 |
Fibonacci | 18,756.60 | 19,179.01 | 19,439.98 | 19,862.39 | 20,284.80 | 20,545.77 | 20,968.18 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 42.61 | |
MACD (12,26,9): | -31.7400 | |
Directional Movement: | -7.39 | |
AROON (14): | -28.57 | |
DEMA (21): | 19,514.83 | |
Parabolic SAR (0,02-0,02-0,2): | 19,490.96 | |
Elder Ray (13): | -28.82 | |
Super Trend (3,10): | 19,662.23 | |
Zig ZAG (10): | 19,522.62 | |
VORTEX (21): | 0.9100 | |
Stochastique (14,3,5): | 43.70 | |
TEMA (21): | 19,527.13 | |
Williams %R (14): | -64.60 | |
Chande Momentum Oscillator (20): | -27.61 | |
Repulse (5,40,3): | -0.1400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0300 | |
Courbe Coppock: | 0.42 |
MA7: | 20,050.74 | |
MA20: | 20,021.25 | |
MA50: | 19,321.54 | |
MA100: | 18,627.49 | |
MAexp7: | 19,539.55 | |
MAexp20: | 19,561.37 | |
MAexp50: | 19,653.56 | |
MAexp100: | 19,818.76 | |
Price / MA7: | -2.63% | |
Price / MA20: | -2.49% | |
Price / MA50: | +1.04% | |
Price / MA100: | +4.81% | |
Price / MAexp7: | -0.09% | |
Price / MAexp20: | -0.20% | |
Price / MAexp50: | -0.67% | |
Price / MAexp100: | -1.49% |
Quotes :
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15 min delayed data
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NASDAQ US Indices
News
The latest news and videos published on NASDAQ100 INDEX at the time of the analysis were as follows:
- NASDAQ 100 Long Term Forecast and Technical Analysis for July 19, 2024, by Chris Lewis for FX Empire
- NASDAQ 100 Daily Forecast and Technical Analysis for July 19, 2024, by Chris Lewis for FX Empire
- NASDAQ 100 Daily Forecast and Technical Analysis for July 18, 2024, by Chris Lewis for FX Empire
- NASDAQ 100 Daily Forecast and Technical Analysis for July 17, 2024, by Chris Lewis for FX Empire
- NASDAQ 100 Daily Forecast and Technical Analysis for July 16, 2024, by Chris Lewis for FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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