NIKKEI 225

NK225

- 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 03/23/2022 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

78%

22%

My opinion

Bullish above 26,170.30 JPY

My targets

27,724.80 JPY (+1.84%)

29,354.00 JPY (+7.82%)

My analysis

The strong short-term increase in NIKKEI 225 calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 26,170.30 JPY, you could consider taking advantage of the short-term movement. The first bullish objective is located at 27,724.80 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 29,354.00 JPY as an objective. Crossing it would then enable buyers to target 29,802.50 JPY. Caution, a return under 26,170.30 JPY could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

2.9

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 Simon1. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NIKKEI 225 rating is 27,224.10 JPY. The price registered an increase of +1.48% on the session and was traded between 27,076.30 JPY and 27,284.50 JPY over the period. The price is currently at +0.55% from its lowest and -0.22% from its highest.

27,076.30

27,284.50

27,224.10

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NIKKEI 225 in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
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 3

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25,690.40	26,170.30	27,013.20	27,224.10	27,724.80	29,354.00	29,802.50
Change (%)	-5.63%	-3.87%	-0.77%	-	+1.84%	+7.82%	+9.47%
Change	-1,533.70	-1,053.80	-210.90	-	+500.70	+2,129.90	+2,578.40
Level	Minor	Minor	Major	-	Intermediate	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26,897.23	26,986.77	27,105.43	27,194.97	27,313.63	27,403.17	27,521.83
Camarilla	27,166.85	27,185.93	27,205.02	27,224.10	27,243.19	27,262.27	27,281.36
Woodie	26,911.80	26,994.05	27,120.00	27,202.25	27,328.20	27,410.45	27,536.40
Fibonacci	26,986.77	27,066.30	27,115.43	27,194.97	27,274.50	27,323.63	27,403.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,100.28	24,659.71	25,743.55	26,302.98	27,386.82	27,946.25	29,030.09
Camarilla	26,375.50	26,526.13	26,676.77	26,827.40	26,978.03	27,128.67	27,279.30
Woodie	24,362.50	24,790.81	26,005.77	26,434.08	27,649.04	28,077.35	29,292.31
Fibonacci	24,659.71	25,287.44	25,675.25	26,302.98	26,930.71	27,318.52	27,946.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23,469.68	24,622.66	25,574.74	26,727.72	27,679.80	28,832.78	29,784.86
Camarilla	25,947.93	26,140.89	26,333.86	26,526.82	26,719.78	26,912.75	27,105.71
Woodie	23,369.23	24,572.44	25,474.29	26,677.50	27,579.35	28,782.56	29,684.41
Fibonacci	24,622.66	25,426.79	25,923.59	26,727.72	27,531.85	28,028.65	28,832.78

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.60
MACD (12,26,9):	-176.4400
Directional Movement:	9.45
AROON (14):	57.14
DEMA (21):	25,882.88
Parabolic SAR (0,02-0,02-0,2):	24,909.21
Elder Ray (13):	1,019.24
Super Trend (3,10):	25,547.42
Zig ZAG (10):	27,224.10
VORTEX (21):	0.7900
Stochastique (14,3,5):	91.42
TEMA (21):	26,089.74
Williams %R (14):	-2.32
Chande Momentum Oscillator (20):	646.83
Repulse (5,40,3):	2.3900
ROCnROLL:	1
TRIX (15,9):	-0.2300
Courbe Coppock:	2.97

MA7:	26,040.50
MA20:	26,041.95
MA50:	26,944.87
MA100:	27,939.25
MAexp7:	26,340.70
MAexp20:	26,226.37
MAexp50:	26,843.12
MAexp100:	27,509.21
Price / MA7:	+4.55%
Price / MA20:	+4.54%
Price / MA50:	+1.04%
Price / MA100:	-2.56%
Price / MAexp7:	+3.35%
Price / MAexp20:	+3.80%
Price / MAexp50:	+1.42%
Price / MAexp100:	-1.04%

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

News

The last news published on NIKKEI 225 at the time of the generation of this analysis was as follows:

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

About author

Londinia AI

Online

Overall rating :

15131

Number of analyses :

75636

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…