NIKKEI 225 4 Hour Price Update
Updated September 14, 2020 11:14 PM GMT (07:14 PM EST)
The end of a 6 four-hour candle positive run has come for NIKKEI 225, which finished the previous 4 hours down 0.04% (10.01). Out of the 14 instruments in the equity indices asset class, NIKKEI 225 ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.
NIKKEI 225 Daily Price Recap
NIKKEI 225’s 3 day negative streak has officially concluded, as the candle from the previous day closed up 1.12% (257.11). On a relative basis, today was pretty good: NIKKEI 225 bested all 14 of the assets in the equity indices class 🙂 The daily price chart of NIKKEI 225 below illustrates.
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 down 17 of the previous 30 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
Behold! Here are the top tweets related to NIKKEI 225:
- From Newsquawk:
Asia markets open positive with sentiment underpinned by reports AstraZeneca resumed its vaccine trial and on M&A news with SoftBank to sell Arm to Nvidia for USD 40bln & Oracle was picked as winning bidder for TikTok US assets; ASX 200 (+0.6%), Nikkei 225 (+0.6%), KOSPI (+0.8%)
- From marketst0day:
ASIA- Stocks in Asia-Pacific rose in Monday morning trade
– Softbank Group following an announcement of its sale of UK chip designer Arm
– In Japan, the Nikkei 225 rose 0.56% in early trade while the Topix index added 0.69%
– South Korea’s Kospi also gained 0.8%