NIKKEI 225 (NKY) Moves Up For the 4th Day In A Row

NIKKEI 225 Daily Price Recap

NIKKEI 225 closed the previous day up 2.13% ($403.06); this denotes the 4th day in a row it has gone up. Relative to other instruments in the global equity indices asset class, NIKKEI 225 ranked 3rd since the previous day in terms of percentage price change. Here is a daily price chart of NIKKEI 225.

NIKKEI 225 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. For another vantage point, consider that NIKKEI 225’s price has gone down 17 of the previous 30 trading days.

Overheard on Twitter

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

  • From RANsquawk:

    Asia markets take impetus following the firm handover from Wall St where all major indices rallied by at least 7% and the DJIA notched a more than 1600-point gain on hopes of a coronavirus slowdown; ASX 200 (+1.6%), Nikkei 225 (+3.0%), KOSPI (+2.2%)

  • From RANsquawk:

    Asia stocks are lower in early trade after the Wall St rally lost steam ahead of looming key events, while ASX 200 underperforms as financials suffer from APRA guidance on dividends and following the Outlook cut by S&P; ASX 200 (-2.3%), Nikkei 225 (-0.4%), KOSPI (-0.5%)

  • From slaterstich:

    In these volatile times, it’s tempting to take your money out of the market — but it’s important to take a long run view. For example, if you invested $100 in the Nikkei 225 back in 1990 and let it compound for 30 years, today you’d have almost $46.