NIKKEI 225 (NKY) Down 0.03%; Nears 50 Day Moving Average
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
NIKKEI 225
July 26, 2021 21:19 GMT
NIKKEI 225 Hourly View
Over the past 90 days, the trend for NIKKEI 225’s price has been choppy and unclear. It has oscillated between $27388.16 and $29518.34.
NIKKEI 225 Daily View
Over the past 133 days, NIKKEI 225’s price has been in a clear downtrend, falling by about $15.42 per day.
NIKKEI 225 Weekly View
NIKKEI 225’s price has moved up $1,180.77 over the prior 32 weeks.
NIKKEI 225 Monthly View
NIKKEI 225 has a price of $27833.29, down 3.33% from its value 26 days prior.
NIKKEI 225 (NKY) Heads Down For the 2nd Straight Day, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 30 Days
Price action traders may also wish to note that we see a pin bar candlestick pattern on nikkei 225.
NIKKEI 225 (NKY) Heads Down For the 2nd Straight Day; Price Base in Formation Over Past 30 Days
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
NIKKEI 225 (NKY) Down 0.19%, Breaks Below 50 Day Average; Price Base in Formation Over Past 30 Days
This move is a reversal from the hour prior, which saw price move up.
NIKKEI 225 (NKY) 2 Day Up Streak Snapped, Crosses 50 and 100 Day Moving Averages; in an Uptrend Over Past 14 Days
For additional context, note that price has gone up 9 out of the past 14 days.
NIKKEI 225 (NKY) Down 0.4%, Breaks Below 50 and 100 Day Averages; Pin Bar Pattern Appearing on Chart
Out of the 14 instruments in the equity indices asset class, nikkei 225 ended up ranking 13th for the day in terms of price change relative to the day prior.
NIKKEI 225 (NKY) Up 0.46%; is Inching Close to 50 and 100 Day Averages
This is the 2nd straight hour nikkei 225 has seen its price head down.
NIKKEI 225 (NKY) Moves Down For the 2nd Consecutive Day; in an Uptrend Over Past 14 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
NIKKEI 225 (NKY) Fares the Worst Out of equity indices, Breaks Below 50 and 100 Day Averages; But Still in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
NIKKEI 225 (NKY) Outperforms All equity indices, Crosses 20, 50 and 100 Day Moving Averages; Price Base in Formation Over Past 90 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.