NIKKEI 225 (NKY) Down 0.12%

NIKKEI 225 Daily Price Recap

NIKKEI 225 is down 0.12% ($24.18) since the day prior, marking a reversal from the day prior — and the end of a 3 day positive run. Relative to other instruments in the 8 major global equity indices asset class, NIKKEI 225 ranked 3rd since the day prior in terms of percentage price change. Here is a daily price chart of NIKKEI 225.

NIKKEI 225 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Traders will also want to note, though, that a counter trend — meaning a trend going up — can be seen on the 14 and 30 day timeframes. This may setup an interesting opportunity for traders looking to sell rallies in anticipation of the primary trend resuming. For additional context, note that price has gone up 6 out of the past 10 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about NIKKEI 225:

  • From RANsquawk:

    Asia-Pac bourses lack direction at the start of trade following the indecisive lead from Wall St amid some calls from China to renegotiate the Phase 1 trade deal which US President Trump has no interest in doing; ASX 200 (-0.1%), Nikkei 225 (Unch.), KOSPI (-0.1%)

  • From marketst0day:

    Asia: Stocks in Asia Pacific were little changed in Tuesday morning trade, as investors await the release of Chinese inflation data expected to be out later in the day. In Japan, both the Nikkei 225 and Topix index were largely flat in early trade.

  • From moon___flowers:

    @CNBC The economic situation was changed by the virus
    Nikkei 225 price
    in March lows 16358← PER 10.76 EPS 1538Now
    Nikkei 225 price 20390← PER 18.32 EPS 1113NIkkei225 Average
    PER14~16PER16×EPS1113→17808PER14×EPS1113→15582EPS is falling
    Stock prices are very high