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 11/02/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

89%

11%

My opinion

Bullish above 26,878.50 JPY

My targets

28,281.70 JPY (+2.24%)

29,207.10 JPY (+5.58%)

My analysis

The strong short-term increase for NIKKEI 225 reinforces the current slightly bullish trend. As long as the price remains above 26,878.50 JPY, you could take advantage of this bullish acceleration. The first bullish objective is located at 28,281.70 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 29,207.10 JPY as an objective. Crossing it would then enable buyers to target 30,629.60 JPY. A return to 26,878.50 JPY would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.4

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 27,663.40 JPY. On the day, this instrument lost -0.06% and was between 27,546.90 JPY and 27,692.60 JPY. This implies that the price is at +0.42% from its lowest and at -0.11% from its highest.

27,546.90

27,692.60

27,663.40

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NIKKEI 225 chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25,696.60	26,327.20	26,878.50	27,663.40	27,683.60	28,281.70	29,207.10
Change (%)	-7.11%	-4.83%	-2.84%	-	+0.07%	+2.24%	+5.58%
Change	-1,966.80	-1,336.20	-784.90	-	+20.20	+618.30	+1,543.70
Level	Major	Minor	Intermediate	-	Minor	Intermediate	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	27,430.30	27,488.60	27,576.00	27,634.30	27,721.70	27,780.00	27,867.40
Camarilla	27,623.33	27,636.69	27,650.04	27,663.40	27,676.76	27,690.11	27,703.47
Woodie	27,444.85	27,495.88	27,590.55	27,641.58	27,736.25	27,787.28	27,881.95
Fibonacci	27,488.60	27,544.26	27,578.64	27,634.30	27,689.96	27,724.34	27,780.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26,256.35	26,618.72	26,853.32	27,215.69	27,450.29	27,812.66	28,047.26
Camarilla	26,923.76	26,978.49	27,033.21	27,087.93	27,142.65	27,197.38	27,252.10
Woodie	26,192.48	26,586.78	26,789.45	27,183.75	27,386.42	27,780.72	27,983.39
Fibonacci	26,618.72	26,846.76	26,987.64	27,215.69	27,443.73	27,584.61	27,812.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,290.92	24,956.44	26,271.95	26,937.47	28,252.98	28,918.50	30,234.01
Camarilla	27,042.68	27,224.27	27,405.87	27,587.46	27,769.05	27,950.65	28,132.24
Woodie	24,615.92	25,118.94	26,596.95	27,099.97	28,577.98	29,081.00	30,559.01
Fibonacci	24,956.44	25,713.19	26,180.72	26,937.47	27,694.22	28,161.75	28,918.50

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):	56.81
MACD (12,26,9):	67.5400
Directional Movement:	8.31
AROON (14):	92.86
DEMA (21):	27,201.68
Parabolic SAR (0,02-0,02-0,2):	26,658.90
Elder Ray (13):	366.23
Super Trend (3,10):	26,535.38
Zig ZAG (10):	27,678.90
VORTEX (21):	0.9500
Stochastique (14,3,5):	87.27
TEMA (21):	27,413.17
Williams %R (14):	-0.29
Chande Momentum Oscillator (20):	533.42
Repulse (5,40,3):	0.9200
ROCnROLL:	1
TRIX (15,9):	-0.0300
Courbe Coppock:	4.69

MA7:	27,352.33
MA20:	27,070.96
MA50:	27,432.04
MA100:	27,337.09
MAexp7:	27,376.69
MAexp20:	27,183.34
MAexp50:	27,272.14
MAexp100:	27,347.36
Price / MA7:	+1.14%
Price / MA20:	+2.19%
Price / MA50:	+0.84%
Price / MA100:	+1.19%
Price / MAexp7:	+1.05%
Price / MAexp20:	+1.77%
Price / MAexp50:	+1.43%
Price / MAexp100:	+1.16%

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

News

The latest news and videos published on NIKKEI 225 at the time of the analysis were as follows:

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

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