The Hourly View for NKY
Last Updated February 19, 2021, 00:019 GMT
At the time of this writing, NIKKEI 225’s price is down -5 (-0.02%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as NIKKEI 225 has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
NIKKEI 225 Daily Price Recap
The back and forth price flow continues for NIKKEI 225, which started today off at 30292.19 US dollars, down 0.58% (175.56) from the previous day. Relative to other instruments in the equity indices asset class, NIKKEI 225 ranked 10th since the previous day 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 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days NIKKEI 225’s price has gone up 18 them.