NIKKEI 225 (NKY) Down 2.84%, in a Downtrend Over Past 90 Days; Nears 50 Day Moving Average

NIKKEI 225 Daily Price Recap

NIKKEI 225 entered today at 19619.35 in US dollars, down 2.84% ($574.34) from yesterday. Out of the 8 instruments in the 8 major global equity indices asset class, NIKKEI 225 ended up ranking 4th for the day in terms of price change relative to yesterday. Below is a daily price chart of NIKKEI 225.

NIKKEI 225 Technical Analysis

Volatility for NIKKEI 225 has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. 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 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. Or to view things another way, note that out of the past 30 days NIKKEI 225’s price has gone down 16 them.

Overheard on Twitter

Behold! Here are the top tweets related to NIKKEI 225:

  • From MiraeAssetID:

    [INDEX UPDATE]
    Nikkei 225 (Off) Greenery Day | Kospi (-2.68%) 1,895.37 – CLOSE | S&P/ASX 200 (+1.41%) 5,319.9 – CLOSE