NIKKEI 225
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 10/25/2024 (GMT)

  • 206
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Neutral
Technical indicators
11%
50%
39%
My opinion
Neutral between 37,068.35 JPY and 39,883.55 JPY
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of NIKKEI 225 could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 39,883.55 JPY. The first support is located at 37,068.35 JPY.

Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.

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:
Weekly

Additional analysis

Quotes

The NIKKEI 225 rating is 38,143.29 JPY. On the day, this instrument gained +0.10% and was between 37,712.19 JPY and 38,320.39 JPY. This implies that the price is at +1.14% from its lowest and at -0.46% from its highest.

37,712.19
38,320.39
38,143.29

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NIKKEI 225 indicates that the overall trend is not clearly defined. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily



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

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 35,646.03 37,068.35 38,077.81 38,143.29 39,883.55 40,888.43 42,224.02
Change (%) -6.55% -2.82% -0.17% - +4.56% +7.20% +10.70%
Change -2,497.26 -1,074.94 -65.48 - +1,740.26 +2,745.14 +4,080.73
Level Minor Intermediate Intermediate - Intermediate Major Major



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
Standard37,188.6637,450.4237,796.8638,058.6238,405.0638,666.8239,013.26
Camarilla37,976.0438,031.7938,087.5438,143.2938,199.0438,254.7938,310.55
Woodie37,230.9937,471.5937,839.1938,079.7938,447.3938,687.9939,055.59
Fibonacci37,450.4237,682.7637,826.2938,058.6238,290.9638,434.4938,666.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37,133.9138,013.7238,497.7339,377.5439,861.5540,741.3641,225.37
Camarilla38,606.7038,731.7238,856.7338,981.7539,106.7739,231.7839,356.80
Woodie36,936.0237,914.7738,299.8439,278.5939,663.6640,642.4141,027.48
Fibonacci38,013.7238,534.7038,856.5639,377.5439,898.5240,220.3840,741.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30,920.0733,083.9735,501.7637,665.6640,083.4542,247.3544,665.14
Camarilla36,659.5937,079.5737,499.5637,919.5538,339.5438,759.5339,179.52
Woodie31,047.0233,147.4435,628.7137,729.1340,210.4042,310.8244,792.09
Fibonacci33,083.9734,834.1835,915.4537,665.6639,415.8740,497.1442,247.35

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): 46.81
MACD (12,26,9): 181.6400
Directional Movement: -8.30
AROON (14): -50.00
DEMA (21): 38,910.07
Parabolic SAR (0,02-0,02-0,2): 39,746.11
Elder Ray (13): -663.58
Super Trend (3,10): 37,982.58
Zig ZAG (10): 38,143.29
VORTEX (21): 0.7800
Stochastique (14,3,5): 17.10
TEMA (21): 38,890.68
Williams %R (14): -83.06
Chande Momentum Oscillator (20): -1,189.45
Repulse (5,40,3): -0.6800
ROCnROLL: 2
TRIX (15,9): 0.1500
Courbe Coppock: 0.74
MA7: 38,669.71
MA20: 38,872.83
MA50: 37,976.94
MA100: 38,418.92
MAexp7: 38,575.21
MAexp20: 38,595.98
MAexp50: 38,296.70
MAexp100: 38,150.34
Price / MA7: -1.36%
Price / MA20: -1.88%
Price / MA50: +0.44%
Price / MA100: -0.72%
Price / MAexp7: -1.12%
Price / MAexp20: -1.17%
Price / MAexp50: -0.40%
Price / MAexp100: -0.02%

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

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

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