NIKKEI 225 (NKY) Down $59.51 On 4 Hour Chart, 2 Day Up Streak Snapped; in an Uptrend Over Past 90 Days

NIKKEI 225 4 Hour Price Update

Updated September 07, 2020 11:13 PM GMT (07:13 PM EST)

NIKKEI 225 came into the current 4 hour candle down 0.26% (59.51) from the open of the last 4 hour candle, marking the 2nd consecutive candle it has gone down. Those trading within the 8 major global equity indices asset class should know that NIKKEI 225 was the worst performer in the class the current 4 hour candle.

NIKKEI 225 Daily Price Recap

NIKKEI 225 entered today at 23205.43, down 1.11% ($260.1) from the day prior. Relative to other instruments in the 8 major global equity indices asset class, NIKKEI 225 ranked 5th since the day prior in terms of percentage price change. Here is a daily price chart of NIKKEI 225.

NKY

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. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 5 out of the past 10 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about NIKKEI 225:

  • From RANsquawk:

    Asia equity markets begin lacklustre following last Friday’s losses on Wall St amid mixed US jobs data and continued tech rout, while looming Chinese trade data also adds to the cautiousness for the region; ASX 200 (-0.1%), Nikkei 225 (-0.1%), KOSPI (-0.2%)

  • From 28fJc:

    @TheEconomist By making Bank of Japan and public pension invest in share stocks and raise NIKKEI 225. Now, BOJ is the largest shareholders of Tokyo Stock Exchange by far.

  • From semibeast1:

    S&P 500 & Topix are weighted by market cap while Nikkei 225 and Dow are not.