NIKKEI 225 (NKY) Fares the Worst Out of 8 major Global Equity Indices; Down 2.33%

NIKKEI 225 Daily Price Recap

The back and forth price flow continues for NIKKEI 225, which started today off at 19043.4 US dollars, down 2.33% ($455.1) from the day prior. On a relative basis, NIKKEI 225 was the worst performer out of all 8 of the assets in the 8 major global equity indices asset class today. The daily price chart of NIKKEI 225 below illustrates.

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. For another vantage point, consider that NIKKEI 225’s price has gone down 16 of the previous 30 trading days.

Overheard on Twitter

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

  • From RANsquawk:

    Asia begins holiday-thinned trade in the red amid weakness in US equity futures & oil price volatility, while virus fears linger after US recently suffered the highest coronavirus daily casualties and surpassed Italy with the largest death toll; Nikkei 225 (-0.4%), KOSPI (-0.7%)

  • From niremas:

    These charts have been making rounds on Twitter, even the Nikkei 225 crash in 1990s; be careful; every crash & correction is different, no two crashes are ever the same, in dot com it took three years for SPX to fall 57%, took one month for stocks to fall 35% in 2020 #ausbiz #spx

  • From marketst0day:

    Nikkei 225 slipped 1.04 percent in early trade while the Topix index dipped 0.94 percent. South Korea’s Kospi also declined 0.63 percent.