The Hourly View for NKY
Last Updated January 15, 2021, 03:019 GMT
At the moment, NIKKEI 225’s price is up 54.95 (0.19%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend 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 up 0.85% (241.67) since yesterday, marking the 5th straight day it has gone up. Relative to other instruments in the equity indices asset class, NIKKEI 225 ranked 3rd since yesterday in terms of percentage price change. Let’s take a look at the 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. For additional context, note that price has gone up 16 out of the past 30 days.