NIKKEI 225

- JPY (-)

- End-of-day data - Japan Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	NK225
ISIN:	JP9010C00002

NIKKEI 225 - Daily - Technical analysis published on 09/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 27,571.80 JPY

My targets

28,247.80 JPY (+1.39%)

28,640.80 JPY (+2.80%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 27,571.80 JPY remains possible. It is advisable to trade NIKKEI 225 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 27,571.80 JPY. The next bullish objective for buyers is set at 28,247.80 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28,640.80 JPY. If there is any crossing, the next objective would be the resistance located at 29,332.20 JPY. PS: if there is a bearish break in the support located at 27,571.80 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The NIKKEI 225 price is 27,860.40 JPY. The price is lower by -0.02% since the last closing and was traded between 27,801.40 JPY and 27,946.20 JPY over the period. The price is currently at +0.21% from its lowest and -0.31% from its highest.

27,801.40

27,946.20

27,860.40

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NIKKEI 225 indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25,704.30	26,358.80	27,571.80	27,860.40	28,247.80	28,640.80	29,332.20
Change (%)	-7.74%	-5.39%	-1.04%	-	+1.39%	+2.80%	+5.28%
Change	-2,156.10	-1,501.60	-288.60	-	+387.40	+780.40	+1,471.80
Level	Major	Minor	Intermediate	-	Major	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27,647.67	27,724.53	27,792.47	27,869.33	27,937.27	28,014.13	28,082.07
Camarilla	27,820.58	27,833.85	27,847.13	27,860.40	27,873.67	27,886.95	27,900.22
Woodie	27,643.20	27,722.30	27,788.00	27,867.10	27,932.80	28,011.90	28,077.60
Fibonacci	27,724.53	27,779.85	27,814.02	27,869.33	27,924.65	27,958.82	28,014.13

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26,561.04	26,914.87	27,578.36	27,932.19	28,595.68	28,949.51	29,613.00
Camarilla	27,962.09	28,055.34	28,148.60	28,241.85	28,335.10	28,428.36	28,521.61
Woodie	26,715.87	26,992.29	27,733.19	28,009.61	28,750.51	29,026.93	29,767.83
Fibonacci	26,914.87	27,303.49	27,543.57	27,932.19	28,320.81	28,560.89	28,949.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25,643.75	26,587.17	27,323.67	28,267.09	29,003.59	29,947.01	30,683.51
Camarilla	27,598.18	27,752.18	27,906.17	28,060.16	28,214.15	28,368.15	28,522.14
Woodie	25,540.28	26,535.44	27,220.20	28,215.36	28,900.12	29,895.28	30,580.04
Fibonacci	26,587.17	27,228.90	27,625.36	28,267.09	28,908.82	29,305.28	29,947.01

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	47.14
MACD (12,26,9):	35.9200
Directional Movement:	-5.18
AROON (14):	-57.15
DEMA (21):	28,175.45
Parabolic SAR (0,02-0,02-0,2):	27,421.07
Elder Ray (13):	-136.09
Super Trend (3,10):	27,610.98
Zig ZAG (10):	27,866.80
VORTEX (21):	0.8000
Stochastique (14,3,5):	69.39
TEMA (21):	28,032.98
Williams %R (14):	-60.76
Chande Momentum Oscillator (20):	-45.16
Repulse (5,40,3):	-0.6800
ROCnROLL:	-1
TRIX (15,9):	0.0200
Courbe Coppock:	3.36

MA7:	28,050.11
MA20:	28,203.86
MA50:	27,809.24
MA100:	27,306.78
MAexp7:	28,120.06
MAexp20:	28,099.46
MAexp50:	27,857.76
MAexp100:	27,617.33
Price / MA7:	-0.68%
Price / MA20:	-1.22%
Price / MA50:	+0.18%
Price / MA100:	+2.03%
Price / MAexp7:	-0.92%
Price / MAexp20:	-0.85%
Price / MAexp50:	+0.01%
Price / MAexp100:	+0.88%

Quotes : - End-of-day data - Japan Indices

News

Don't forget to follow the news on NIKKEI 225. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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