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 10/23/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

17%

39%

44%

My opinion

Neutral between 37,068.35 JPY and 39,845.76 JPY

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on NIKKEI 225. It is difficult to advise a trading direction under these conditions. The first resistance is located at 39,845.76 JPY. The first support is located at 37,068.35 JPY. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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.

This analysis was given by Tinkerbell. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NIKKEI 225 rating is 38,411.96 JPY. The price registered a decrease of -1.39% on the session with the lowest point at 38,200.82 JPY and the highest point at 38,995.03 JPY. The deviation from the price is +0.55% for the low point and -1.50% for the high point.

38,200.82

38,995.03

38,411.96

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NIKKEI 225:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

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 slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	35,646.03	37,068.35	38,077.81	38,411.96	39,845.76	40,888.43	42,224.02
Change (%)	-7.20%	-3.50%	-0.87%	-	+3.73%	+6.45%	+9.92%
Change	-2,765.93	-1,343.61	-334.15	-	+1,433.80	+2,476.47	+3,812.06
Level	Minor	Minor	Major	-	Intermediate	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37,282.63	37,741.73	38,076.84	38,535.94	38,871.05	39,330.15	39,665.26
Camarilla	38,193.55	38,266.36	38,339.16	38,411.96	38,484.76	38,557.57	38,630.37
Woodie	37,220.65	37,710.73	38,014.86	38,504.94	38,809.07	39,299.15	39,603.28
Fibonacci	37,741.73	38,045.12	38,232.55	38,535.94	38,839.33	39,026.76	39,330.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37,133.91	38,013.72	38,497.73	39,377.54	39,861.55	40,741.36	41,225.37
Camarilla	38,606.70	38,731.72	38,856.73	38,981.75	39,106.77	39,231.78	39,356.80
Woodie	36,936.02	37,914.77	38,299.84	39,278.59	39,663.66	40,642.41	41,027.48
Fibonacci	38,013.72	38,534.70	38,856.56	39,377.54	39,898.52	40,220.38	40,741.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30,920.07	33,083.97	35,501.76	37,665.66	40,083.45	42,247.35	44,665.14
Camarilla	36,659.59	37,079.57	37,499.56	37,919.55	38,339.54	38,759.53	39,179.52
Woodie	31,047.02	33,147.44	35,628.71	37,729.13	40,210.40	42,310.82	44,792.09
Fibonacci	33,083.97	34,834.18	35,915.45	37,665.66	39,415.87	40,497.14	42,247.35

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.89
MACD (12,26,9):	339.5500
Directional Movement:	-3.62
AROON (14):	57.15
DEMA (21):	39,174.76
Parabolic SAR (0,02-0,02-0,2):	40,092.86
Elder Ray (13):	-282.12
Super Trend (3,10):	37,982.58
Zig ZAG (10):	38,411.96
VORTEX (21):	0.8300
Stochastique (14,3,5):	43.42
TEMA (21):	39,328.19
Williams %R (14):	-70.81
Chande Momentum Oscillator (20):	-140.10
Repulse (5,40,3):	-2.3200
ROCnROLL:	-1
TRIX (15,9):	0.1700
Courbe Coppock:	3.50

MA7:	39,136.59
MA20:	38,850.96
MA50:	37,849.10
MA100:	38,422.55
MAexp7:	38,923.95
MAexp20:	38,700.34
MAexp50:	38,311.05
MAexp100:	38,153.26
Price / MA7:	-1.85%
Price / MA20:	-1.13%
Price / MA50:	+1.49%
Price / MA100:	-0.03%
Price / MAexp7:	-1.32%
Price / MAexp20:	-0.75%
Price / MAexp50:	+0.26%
Price / MAexp100:	+0.68%

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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