NIKKEI 225 (NKY) Down $20.03 On 4 Hour Chart, Underperforms All equity indices; 3 Day Up Streak Snapped

NIKKEI 225 4 Hour Price Update

Updated September 16, 2020 11:14 PM GMT (07:14 PM EST)

23455.6699 was the closing price of the four-hour candle for NIKKEI 225, resulting in the current 4 hour candle being one in which price moved down 0.09% ($20.03) from the last 4 hour candle. Relative to other instruments in the equity indices asset class, NIKKEI 225 ranked 4th since the last 4 hour candle in terms of percentage price change.

NIKKEI 225 Daily Price Recap

NIKKEI 225’s 3 day positive streak has officially concluded, as the candle from the day prior closed down 0.44% (104.41). Those trading within the equity indices asset class should know that NIKKEI 225 was the worst performer in the class today. The daily price chart of NIKKEI 225 below illustrates.

NKY

NIKKEI 225 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that NIKKEI 225’s price has gone up 7 of the previous 14 trading days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

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

  • From Newsquawk:

    Asia markets open positive with sentiment underpinned by reports AstraZeneca resumed its vaccine trial and on M&A news with SoftBank to sell Arm to Nvidia for USD 40bln & Oracle was picked as winning bidder for TikTok US assets; ASX 200 (+0.6%), Nikkei 225 (+0.6%), KOSPI (+0.8%)

  • From marketst0day:

    ASIA- Stocks in Asia-Pacific rose in Monday morning trade
    – Softbank Group following an announcement of its sale of UK chip designer Arm
    – In Japan, the Nikkei 225 rose 0.56% in early trade while the Topix index added 0.69%
    – South Korea’s Kospi also gained 0.8%