NIKKEI 225 (NKY) Up $15 On 4 Hour Chart, Outperforms All 8 major Global Equity Indices; Entered Today Up 0.94%

NIKKEI 225 4 Hour Price Update

Updated September 04, 2020 11:13 PM GMT (07:13 PM EST)

The choppiness in the recent four-hour candle price action of NIKKEI 225 continues; to start the current 4 hour candle, it came in at a price of 23183.0195 US dollars, up 0.06% (15) since the previous 4 hours. Relative to other instruments in the 8 major global equity indices asset class, NIKKEI 225 ranked 6th since the previous 4 hours in terms of percentage price change.

NIKKEI 225 Daily Price Recap

NIKKEI 225 came into today up 0.94% (218.38) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. On a relative basis, today was pretty good: NIKKEI 225 bested all 8 of the assets in the 8 major global equity indices class 🙂 Below 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. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that NIKKEI 225’s price has gone up 7 of the previous 14 trading days.

Overheard on Twitter

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

  • From RANsquawk:

    Asian equity markets begin higher following the firm handover from US peers in which the S&P 500 and Nasdaq extended on record highs and DJIA climbed back above 29,000 amid dovish central bank rhetoric and vaccine optimism; ASX 200 (+0.7%), Nikkei 225 (+1.3%), KOSPI (+0.9%)

  • From marketst0day:

    ASIA – In Japan, the Nikkei 225 gained 0.41% in early trade while the Topix index added 0.18%
    – South Korea’s Kospi rose 0.38%
    – Meanwhile, Australia’s S&P/ASX 200 advanced 0.51%
    – Overall, the MSCI Asia ex-Japan index traded about 0.1% higher

  • From MotilalOswalLtd:

    Asian market witnessed a mixed bag. Hong Kong Index declined half percent. Japanese stocks rose 1% after U.S. equities reached fresh records and as a sales-fueled rally in Fast Retailing Co. helped lift the Nikkei 225 Stock Average. #MOMarketUpdates

In terms of news links for NIKKEI 225 here’s one to try:

SoftBank Corp. climbs on news it will join parent on Nikkei 225 | The Japan Times

The mobile phone unit of SoftBank Group Corp….”Plus, the parent company SoftBank Group is already in the gauge, and it’s one of the biggest weights within the Nikkei 225.