Nikkei 225 Bearish By 3% In The Last 5 Sessions

(VIANEWS) – Nikkei 225 (N225) has been up by 3.03% for the last 5 sessions. At 00:08 EST on Friday, 4 October, Nikkei 225 (N225) is $38,621.60.

About Nikkei 225’s yearly highs and lows, it’s 26.47% up from its 52-week low and 8.97% down from its 52-week high.

Volatility

Nikkei 225’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.84%, a positive 0.21%, and a positive 1.76%, respectively.

Nikkei 225’s highest amplitude of average volatility was 2.79% (last week), 1.59% (last month), and 1.76% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nikkei 225’s is considered to be oversold (<=20).

News about

  • According to Zacks on Wednesday, 2 October, "Over the past decade, the fourth quarter of the year has actually been the best for the stock market, with the Dow, the S&P 500 and the Nasdaq up at least 4% on average, per a CNBC article. ", "The S&P 500 had traded positively 80% of the time, according to a CNBC analysis of Kensho, a market data analysis platform. "
  • According to Zacks on Wednesday, 2 October, "Shares of the company have gained 29.1%, outperforming the 24.6% rally of theindustry and the 22.5% rise of the Zacks S&P 500 composite."
  • According to Zacks on Wednesday, 2 October, "Twilio (TWLO Quick QuoteTWLO – Free Report) shares have gained 12.9% in the past three months, outperforming the Zacks Internet Software Industry and the S&P 500 index’s growth of 6.4% and 2.6%, respectively. "
  • According to FXStreet on Wednesday, 2 October, "Given that technology comprises roughly one-third of the S&P 500 Index, this could portend an ongoing scenario in which the S&P struggles versus other market averages," wrote Thomas Herrick, chief market strategist at Cary Street Partners in his recent Street Smarts commentary. ", "With the third quarter in the books, the S&P 500 has gained 20.8% through the first three quarters of 2024, which is the best return to this point for the large-cap index since 1997, according to FactSet data, as reported by CNN."
  • According to Zacks on Wednesday, 2 October, "The S&P 500 posted 51 new 52-week highs and two new lows while the Nasdaq Composite recorded 75 new highs and 137 new lows."

More news about Nikkei 225 (N225).

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