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 11/20/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 20,675.38 USD

My targets

20,315.88 USD (-1.00%)

20,036.70 USD (-2.36%)

My analysis

All elements being rather 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 20,675.38 USD. The next bearish objective for sellers is set at 20,315.88 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 20,036.70 USD. If there is any crossing, the next objective would be the support located at 19,824.84 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

4.6

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 rating is 20,520.84 USD. The price registered a decrease of -0.79% on the session and was between 20,402.54 USD and 20,667.99 USD. This implies that the price is at +0.58% from its lowest and at -0.71% from its highest.

20,402.54

20,667.99

20,520.84

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of NASDAQ100 INDEX in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	19,824.84	20,036.70	20,315.88	20,520.84	20,675.38	20,948.44	21,117.18
Change (%)	-3.39%	-2.36%	-1.00%	-	+0.75%	+2.08%	+2.91%
Change	-696.00	-484.14	-204.96	-	+154.54	+427.60	+596.34
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
Standard	20,233.27	20,328.28	20,506.44	20,601.45	20,779.61	20,874.62	21,052.78
Camarilla	20,609.47	20,634.51	20,659.55	20,684.59	20,709.63	20,734.67	20,759.71
Woodie	20,274.84	20,349.07	20,548.01	20,622.24	20,821.18	20,895.41	21,094.35
Fibonacci	20,328.28	20,432.63	20,497.10	20,601.45	20,705.80	20,770.27	20,874.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19,211.85	19,763.46	20,078.80	20,630.41	20,945.75	21,497.36	21,812.70
Camarilla	20,155.72	20,235.19	20,314.66	20,394.13	20,473.60	20,553.07	20,632.54
Woodie	19,093.71	19,704.39	19,960.66	20,571.34	20,827.61	21,438.29	21,694.56
Fibonacci	19,763.46	20,094.64	20,299.24	20,630.41	20,961.59	21,166.19	21,497.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18,497.30	19,059.79	19,475.11	20,037.60	20,452.92	21,015.41	21,430.73
Camarilla	19,621.52	19,711.16	19,800.79	19,890.42	19,980.05	20,069.69	20,159.32
Woodie	18,423.71	19,023.00	19,401.52	20,000.81	20,379.33	20,978.62	21,357.14
Fibonacci	19,059.79	19,433.32	19,664.08	20,037.60	20,411.13	20,641.89	21,015.41

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):	40.83
MACD (12,26,9):	-48.5000
Directional Movement:	-16.89
AROON (14):	-28.57
DEMA (21):	20,516.07
Parabolic SAR (0,02-0,02-0,2):	20,690.59
Elder Ray (13):	-51.85
Super Trend (3,10):	20,420.49
Zig ZAG (10):	20,481.03
VORTEX (21):	1.0400
Stochastique (14,3,5):	38.39
TEMA (21):	20,533.21
Williams %R (14):	-63.76
Chande Momentum Oscillator (20):	-77.70
Repulse (5,40,3):	-0.3500
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	0.92

MA7:	20,727.86
MA20:	20,560.47
MA50:	20,202.52
MA100:	19,778.23
MAexp7:	20,558.07
MAexp20:	20,593.85
MAexp50:	20,677.08
MAexp100:	20,638.45
Price / MA7:	-1.00%
Price / MA20:	-0.19%
Price / MA50:	+1.58%
Price / MA100:	+3.75%
Price / MAexp7:	-0.18%
Price / MAexp20:	-0.35%
Price / MAexp50:	-0.76%
Price / MAexp100:	-0.57%

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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