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 - 15 min. - Technical analysis published on 11/20/2024 (GMT)

  • 54
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 20,601.45 USD
My targets
20,328.28 USD (-0.98%)
20,233.27 USD (-1.44%)
My analysis
The bearish trend is currently very strong for NASDAQ100 INDEX. As long as the price remains below the resistance at 20,601.45 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 20,328.28 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 20,233.27 USD as an objective. Crossing it would then enable sellers to target 20,036.70 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4

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:
1H Daily Weekly

Additional analysis

Quotes

NASDAQ100 INDEX rating 20,528.97 USD. On the day, this instrument lost -0.75% with the lowest point at 20,402.54 USD and the highest point at 20,667.99 USD. The deviation from the price is +0.62% for the low point and -0.67% for the high point.

20,402.54
20,667.99
20,528.97

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19,824.84 20,036.70 20,315.88 20,528.97 20,675.38 20,948.44 21,117.18
Change (%) -3.43% -2.40% -1.04% - +0.71% +2.04% +2.87%
Change -704.13 -492.27 -213.09 - +146.41 +419.47 +588.21
Level Major Minor Intermediate - Major Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20,233.2720,328.2820,506.4420,601.4520,779.6120,874.6221,052.78
Camarilla20,609.4720,634.5120,659.5520,684.5920,709.6320,734.6720,759.71
Woodie20,274.8420,349.0720,548.0120,622.2420,821.1820,895.4121,094.35
Fibonacci20,328.2820,432.6320,497.1020,601.4520,705.8020,770.2720,874.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19,211.8519,763.4620,078.8020,630.4120,945.7521,497.3621,812.70
Camarilla20,155.7220,235.1920,314.6620,394.1320,473.6020,553.0720,632.54
Woodie19,093.7119,704.3919,960.6620,571.3420,827.6121,438.2921,694.56
Fibonacci19,763.4620,094.6420,299.2420,630.4120,961.5921,166.1921,497.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18,497.3019,059.7919,475.1120,037.6020,452.9221,015.4121,430.73
Camarilla19,621.5219,711.1619,800.7919,890.4219,980.0520,069.6920,159.32
Woodie18,423.7119,023.0019,401.5220,000.8120,379.3320,978.6221,357.14
Fibonacci19,059.7919,433.3219,664.0820,037.6020,411.1320,641.8921,015.41

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 41.22
MACD (12,26,9): -23.5400
Directional Movement: -10.41
AROON (14): -71.43
DEMA (21): 20,540.79
Parabolic SAR (0,02-0,02-0,2): 20,593.66
Elder Ray (13): -41.48
Super Trend (3,10): 20,573.62
Zig ZAG (10): 20,509.78
VORTEX (21): 0.8800
Stochastique (14,3,5): 39.47
TEMA (21): 20,509.54
Williams %R (14): -62.78
Chande Momentum Oscillator (20): -142.30
Repulse (5,40,3): -0.0900
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 1.38
MA7: 20,727.86
MA20: 20,560.47
MA50: 20,202.52
MA100: 19,778.23
MAexp7: 20,516.60
MAexp20: 20,562.37
MAexp50: 20,575.73
MAexp100: 20,630.08
Price / MA7: -0.96%
Price / MA20: -0.15%
Price / MA50: +1.62%
Price / MA100: +3.80%
Price / MAexp7: +0.06%
Price / MAexp20: -0.16%
Price / MAexp50: -0.23%
Price / MAexp100: -0.49%

Quotes : - 15 min delayed data - NASDAQ US Indices

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15266
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis NASDAQ100 INDEX - 15 min.