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 06/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

11%

44%

My opinion

Bearish under 28,180.00 JPY

My targets

26,352.50 JPY (-1.67%)

25,774.00 JPY (-3.83%)

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 28,180.00 JPY remains possible. It is advisable to trade NIKKEI 225 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 28,180.00 JPY. The next bearish objective for sellers is set at 26,352.50 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 25,774.00 JPY. In case of crossing, the next objective would be the support located at 24,717.50 JPY. PS: if there is a bullish break in the resistance located at 28,180.00 JPY 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 in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.5

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 price is 26,799.90 JPY. On the day, this instrument lost -0.72% and was traded between 26,687.50 JPY and 26,858.70 JPY over the period. The price is currently at +0.42% from its lowest and -0.22% from its highest.

26,687.50

26,858.70

26,799.90

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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

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 bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24,717.50	25,774.00	26,352.50	26,799.90	26,943.50	28,180.00	29,368.60
Change (%)	-7.77%	-3.83%	-1.67%	-	+0.54%	+5.15%	+9.58%
Change	-2,082.40	-1,025.90	-447.40	-	+143.60	+1,380.10	+2,568.70
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate	Intermediate

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
Standard	26,534.17	26,610.83	26,705.37	26,782.03	26,876.57	26,953.23	27,047.77
Camarilla	26,752.82	26,768.51	26,784.21	26,799.90	26,815.59	26,831.29	26,846.98
Woodie	26,543.10	26,615.30	26,714.30	26,786.50	26,885.50	26,957.70	27,056.70
Fibonacci	26,610.83	26,676.23	26,716.64	26,782.03	26,847.43	26,887.84	26,953.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,851.59	25,185.91	25,850.52	26,184.84	26,849.45	27,183.77	27,848.38
Camarilla	26,240.42	26,331.99	26,423.56	26,515.13	26,606.70	26,698.27	26,789.84
Woodie	25,016.74	25,268.48	26,015.67	26,267.41	27,014.60	27,266.34	28,013.53
Fibonacci	25,185.91	25,567.50	25,803.25	26,184.84	26,566.43	26,802.18	27,183.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,377.48	25,032.80	26,152.70	26,808.02	27,927.92	28,583.24	29,703.14
Camarilla	26,784.43	26,947.15	27,109.88	27,272.61	27,435.34	27,598.07	27,760.80
Woodie	24,609.78	25,148.95	26,385.00	26,924.17	28,160.22	28,699.39	29,935.44
Fibonacci	25,032.80	25,710.93	26,129.88	26,808.02	27,486.15	27,905.10	28,583.24

Numerical data

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

Technical indicators

Moving averages

RSI (14):	50.04
MACD (12,26,9):	-112.7000
Directional Movement:	-3.52
AROON (14):	-50.00
DEMA (21):	26,617.92
Parabolic SAR (0,02-0,02-0,2):	25,607.06
Elder Ray (13):	84.14
Super Trend (3,10):	27,296.86
Zig ZAG (10):	26,799.90
VORTEX (21):	0.9400
Stochastique (14,3,5):	49.91
TEMA (21):	26,517.65
Williams %R (14):	-49.30
Chande Momentum Oscillator (20):	-179.79
Repulse (5,40,3):	1.3600
ROCnROLL:	-1
TRIX (15,9):	-0.0600
Courbe Coppock:	8.23

MA7:	26,558.35
MA20:	26,967.99
MA50:	26,852.67
MA100:	26,860.37
MAexp7:	26,669.02
MAexp20:	26,754.16
MAexp50:	26,872.76
MAexp100:	27,074.72
Price / MA7:	+0.91%
Price / MA20:	-0.62%
Price / MA50:	-0.20%
Price / MA100:	-0.23%
Price / MAexp7:	+0.49%
Price / MAexp20:	+0.17%
Price / MAexp50:	-0.27%
Price / MAexp100:	-1.02%

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

News

Don't forget to follow the news on NIKKEI 225. At the time of publication of this analysis, the latest news was as follows:

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

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