NIKKEI 225 (NKY) Outperforms All Global Equity Indices, 4 Day Down Streak Snapped; But Still in a Downtrend Over Past 30 Days

NIKKEI 225 Daily Price Recap

The end of a 4 day negative run has come for NIKKEI 225, which finished the day prior up 0.01% ($1.47). NIKKEI 225 outperformed all 8 assets in the global equity indices asset class since the day prior. Congrats to its holders! Below is a daily price chart of NIKKEI 225.

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. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days NIKKEI 225’s price has gone down 19 them.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to NIKKEI 225 for the past day were:

  • From TihoBrkan:

    Nikkei 225’s underperformance and failure to reach an all-time high during our prime investment years… Is just a consequence of insane valuations (CAPE @ 100) and a 4-decade parabolic rise no other developed economy experienced during this or the last century.

  • From Moon__Capital:

    @joevezz No and it’s the Nikkei 225.