The Hourly View for NKY
Last Updated February 15, 2021, 23:18 GMT
Currently, NIKKEI 225’s price is up 54.55 (0.18%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as NIKKEI 225 has now gone up 5 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart 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
NIKKEI 225 is down 0.14% (42.86) since the day prior, marking a reversal from the day prior — and the end of a 4 day positive run. Out of the 14 instruments in the equity indices asset class, NIKKEI 225 ended up ranking 13th for the day in terms of price change relative to the day prior. The daily price chart of NIKKEI 225 below illustrates.
NIKKEI 225 Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days NIKKEI 225’s price has gone up 9 them.