NIKKEI225 $ FULL0624 - Daily - Technical analysis published on 06/27/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 27,388 USD
My targets
25,875 USD (-3.42%)
24,730 USD (-7.69%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 27,388 USD remains possible. It is advisable to trade NIKKEI225 $ FULL0922 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 27,388 USD. The next bearish objective for sellers is set at 25,875 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 24,730 USD. In case of crossing, the next objective would be the support located at 23,502 USD. PS: if there is a bullish break in the resistance located at 27,388 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NIKKEI225 $ FULL0922 rating is 26,790 USD. On the day, this instrument lost -0.52% and was traded between 26,675 USD and 27,005 USD over the period. The price is currently at +0.43% from its lowest and -0.80% from its highest.26,675
27,005
26,790
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this NIKKEI225 $ FULL0922 chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bearish price crossover with Moving Average 50
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
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
RSI indicator is back under 50
Type : Bearish
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 bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24,730 | 25,875 | 26,525 | 26,790 | 27,388 | 28,451 | 29,255 |
| Change (%) | -7.69% | -3.42% | -0.99% | - | +2.23% | +6.20% | +9.20% |
| Change | -2,060 | -915 | -265 | - | +598 | +1,661 | +2,465 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25,607 | 25,873 | 26,402 | 26,668 | 27,197 | 27,463 | 27,992 |
| Camarilla | 26,711 | 26,784 | 26,857 | 26,930 | 27,003 | 27,076 | 27,149 |
| Woodie | 25,738 | 25,939 | 26,533 | 26,734 | 27,328 | 27,529 | 28,123 |
| Fibonacci | 25,873 | 26,177 | 26,365 | 26,668 | 26,972 | 27,160 | 27,463 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,582 | 25,053 | 25,992 | 26,463 | 27,402 | 27,873 | 28,812 |
| Camarilla | 26,542 | 26,672 | 26,801 | 26,930 | 27,059 | 27,189 | 27,318 |
| Woodie | 24,815 | 25,170 | 26,225 | 26,580 | 27,635 | 27,990 | 29,045 |
| Fibonacci | 25,053 | 25,592 | 25,925 | 26,463 | 27,002 | 27,335 | 27,873 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,118 | 24,867 | 26,183 | 26,932 | 28,248 | 28,997 | 30,313 |
| Camarilla | 26,932 | 27,121 | 27,311 | 27,500 | 27,689 | 27,879 | 28,068 |
| Woodie | 24,403 | 25,009 | 26,468 | 27,074 | 28,533 | 29,139 | 30,598 |
| Fibonacci | 24,867 | 25,655 | 26,143 | 26,932 | 27,720 | 28,208 | 28,997 |
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): | 50.00 | |
| MACD (12,26,9): | -164.0000 | |
| Directional Movement: | -1 | |
| AROON (14): | -50 | |
| DEMA (21): | 26,568 | |
| Parabolic SAR (0,02-0,02-0,2): | 25,553 | |
| Elder Ray (13): | 186 | |
| Super Trend (3,10): | 27,692 | |
| Zig ZAG (10): | 26,795 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 39.00 | |
| TEMA (21): | 26,412 | |
| Williams %R (14): | -57.00 | |
| Chande Momentum Oscillator (20): | -1,250 | |
| Repulse (5,40,3): | 2.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 10.00 |
| MA7: | 26,401 | |
| MA20: | 27,010 | |
| MA50: | 26,886 | |
| MA100: | 26,862 | |
| MAexp7: | 26,575 | |
| MAexp20: | 26,751 | |
| MAexp50: | 26,892 | |
| MAexp100: | 27,069 | |
| Price / MA7: | +1.47% | |
| Price / MA20: | -0.81% | |
| Price / MA50: | -0.36% | |
| Price / MA100: | -0.27% | |
| Price / MAexp7: | +0.81% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -1.03% |
Quotes :
-
10 min delayed data
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CME Globex Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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