NIKKEI 225 (NKY) Up 3.13%

NIKKEI 225 Daily Price Recap

The back and forth price flow continues for NIKKEI 225, which started today off at 19638.81 US dollars, up 3.13% ($595.41) from yesterday. Out of the 8 instruments in the 8 major global equity indices asset class, NIKKEI 225 ended up ranking 2nd for the day in terms of price change relative to yesterday. Let’s take a look at the 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 90 day horizon; over that time period, price has been moving down. For another vantage point, consider that NIKKEI 225’s price has gone up 7 of the previous 14 trading days. Those interested in trading off candles may wish to observe the emergence of a bullish engulfing pattern, which seems particularly noteworthy against the backdrop of a downtrend on the 90 day time periods.

Overheard on Twitter

Behold! Here are the top tweets related to NIKKEI 225:

  • From RANsquawk:

    Asia begins holiday-thinned trade in the red amid weakness in US equity futures & oil price volatility, while virus fears linger after US recently suffered the highest coronavirus daily casualties and surpassed Italy with the largest death toll; Nikkei 225 (-0.4%), KOSPI (-0.7%)

  • From RANsquawk:

    Risk appetite gets a jolt with US equity futures up around 1.0%, while Asia-Pac bourses extend on gains led by Nikkei 225 which has surged around 2%

  • From RANsquawk:

    Asia equity markets begin with mild gains as trade starts to pick up again from the holiday lull, but with upside capped ahead of looming Chinese trade data; ASX 200 (+0.1%), Nikkei 225 (+0.3%), KOSPI (+0.7%)