NIKKEI 225 (NKY) Up 0.21%; in a Downtrend Over Past 14 Days

The Hourly View for NKY

Last Updated April 30, 2021, 03:018 GMT

At the moment, NIKKEI 225’s price is down 0.54 (0%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

NIKKEI 225 Daily Price Recap

The choppiness in the recent daily price action of NIKKEI 225 continues; to start today, it came in at a price of 29053.97 US dollars, up 0.21% (62.08) since the day prior. Relative to other instruments in the equity indices asset class, NIKKEI 225 ranked 8th since the day prior in terms of percentage price change. Here is a daily price chart of NIKKEI 225.

NKY

NIKKEI 225 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 8 out of the past 14 days.