Nikkei 225 (NIKKEI.NDX)
Close: 39 130.00 (+93.58), Dec 25, 2024
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Liquidity risk: | Volatility risk: |
Short term
Nikkei 225 is within an approximate horizontal trend channel in the short term, which indicates further development in the same direction. The index is moving within a rectangle formation between support at 38180 and resistance at 39853. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 38700 and resistance at points 39800. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the index and indicates increased chance of a break up. The index is overall assessed as technically neutral for the short term. Recommendation one to six weeks:
Medium term
Nikkei 225 is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index is moving within a rectangle formation between support at 38176 and resistance at 39836. A decisive break through one of these levels indicates the new direction for the index. The index is approacing resistance at 40000 points, which may give a negative reaction. However, a break upwards through 40000 points will be a positive signal. The index is overall assessed as technically neutral for the medium long term. Recommendation one to six months:
Long term
Nikkei 225 shows strong development within a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The index has support at points 30800 and resistance at points 42000. Trading volume has increased substantially lately, which may be because of fundamental news. The index is overall assessed as technically positive for the long term. Recommendation one to six quarters:
Period |
Vol.bal. |
Volatility |
Liquidity |
+/- % |
1 day | - | 0.97% | 0.00 | +0.24% |
5 days | -33.92 | 3.24% | 110.32 | +0.12% |
22 days | 11.24 | 8.46% | 113.63 | +0.90% |
66 days | 13.54 | 17.36% | 122.48 | +5.32% |
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