Nikkei 225 (NIKKEI.NDX)

Close: 38 284.00 (+257.68), Nov 22, 2024
Weak Positive

Liquidity risk: Volatility risk:

Overall analysis

Nikkei 225 is technically positive for the short and long term, but negative for the medium term.

Recommendation one to six months: Weak Positive

Short term

Nikkei 225 is in a rising trend channel in the short term. This signals increasing optimism among investors and indicates continued rise. The index is moving within a rectangle formation between support at 38039 and resistance at 39441. A decisive break through one of these levels indicates the new direction for the index. The index gave a negative signal from the rectangle formation by the break down through the support at 38305. Further fall to 37050 or lower is signaled. The index is testing support at points 38000. This could give a positive reaction, but a downward breakthrough of points 38000 means a negative signal. The index is overall assessed as technically positive for the short term.

Recommendation one to six weeks: Positive

Medium term

Nikkei 225 shows strong development within a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index has broken down through support at points 39000. This predicts a further decline. In case of positive reactions, there will now be resistance at points 39000. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. This weakens the rising trend and could be an early signal of a coming trend break. Trading volume has increased substantially lately, which may be because of fundamental news. The index is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative

Long term

Nikkei 225 shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index has support at points 30800 and resistance at points 42000. Trading volume has increased substantially lately. This shows there is an increased interest for the index, possibly because of fundamental news. The index is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.97%0.00+0.68%
5 days-5.413.26%84.12-0.93%
22 days36.428.82%126.34-0.33%
66 days11.0117.90%97.84+4.24%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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