NIKKEI 225 (NKY) Down 1.15%; in an Uptrend Over Past 14 Days
Out of the 8 instruments in the 8 major global equity indices asset class, nikkei 225 ended up ranking 6th for the day in terms of price change relative to yesterday.
NIKKEI 225
(Last Updated February 24, 2021)
Welcome to the news page for NIKKEI 225 (NKY). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On NKY, there is currently an uptrend on the 90, 30 and 14 day timeframes.
NKY Moving Averages
NKY’s moving averages suggest the trend on a number of time horizons is bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, NKY’s price is up 138.11 (0.46%) from the week prior. NKY has seen its price go up 8 out of the past 10 weeks, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows NKY’s price action over the past year.
NIKKEI 225 (NKY) Up 3.15%; in an Uptrend Over Past 14 Days
The benchmark #nikkei 225 index was down 1.21% or 241.13 points at 19,656.13 in early trade, while the broader #topix index was down 0.58% or 8.38 points at 1,434.16.
NIKKEI 225 (NKY) Fares the Worst Out of 8 major Global Equity Indices, Down 1.33%; Price Base in Formation Over Past 30 Days
Those trading within the 8 major global equity indices asset class should know that nikkei 225 was the worst performer in the class today.
NIKKEI 225 (NKY) Down 0.45%
Nikkei 225 never broke out & the us 10 year never broke out…
NIKKEI 225 (NKY) Up 3.13%
For another vantage point, consider that nikkei 225’s price has gone up 7 of the previous 14 trading days.
NIKKEI 225 (NKY) Fares the Worst Out of 8 major Global Equity Indices; Down 2.33%
On a relative basis, nikkei 225 was the worst performer out of all 8 of the assets in the 8 major global equity indices asset class today.
NIKKEI 225 (NKY) Up 0.79%; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 14 days nikkei 225’s price has gone up 8 them.
NIKKEI 225 (NKY) Fares the Worst Out of Global Equity Indices, 4 Day Up Streak Broken; in a Downtrend Over Past 90 Days
For additional context, note that price has gone down 17 out of the past 30 days.
NIKKEI 225 (NKY) Moves Up For the 4th Day In A Row
Relative to other instruments in the global equity indices asset class, nikkei 225 ranked 3rd since the previous day in terms of percentage price change.
NIKKEI 225 (NKY) Heads Up For the 3rd Day In A Row, in a Downtrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the global equity indices asset class, nikkei 225 ranked 5th since the previous day in terms of percentage price change.