NIKKEI 225 (NKY) Up 1.05%; in a Downtrend Over Past 90 Days

NIKKEI 225 Daily Price Recap

NIKKEI 225 is up 1.05% ($211.57) since the day prior, marking the 3rd day in a row it has gone up. Relative to other instruments in the 8 major global equity indices asset class, NIKKEI 225 ranked 2nd since the day prior 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. It should be noted, though, that a trend in the opposite direction, going up, exists on the 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. Or to view things another way, note that out of the past 30 days NIKKEI 225’s price has gone up 15 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 moon___flowers:

    @CNBC The economic situation was changed by the virus
    Nikkei 225 price
    in March lows 16358← PER 10.76 EPS 1538Now
    Nikkei 225 price 20390← PER 18.32 EPS 1113NIkkei225 Average
    PER14~16PER16×EPS1113→17808PER14×EPS1113→15582EPS is falling
    Stock prices are very high

  • From moon___flowers:

    @WSJ The economic situation was changed by the virus
    Nikkei 225 price
    in March lows 16358← PER 10.76 EPS 1538Now
    Nikkei 225 price 20390← PER 18.32 EPS 1113NIkkei225 Average
    PER14~16PER16×EPS1113→17808PER14×EPS1113→15582EPS is falling
    Stock prices are very high

  • From moon___flowers:

    @freezerohedge The economic situation was changed by the virus
    Nikkei 225 price
    in March lows 16358← PER 10.76 EPS 1538Now
    Nikkei 225 price 20390← PER 18.32 EPS 1113NIkkei225 Average
    PER14~16PER16×EPS1113→17808PER14×EPS1113→15582EPS is falling
    Stock prices are very high