Nikkei 225 Bullish Momentum With A 7% Rise In The Last 21 Sessions

(VIANEWS) – Nikkei 225 (N225) has been up by 7.7% for the last 21 sessions. At 21:08 EST on Tuesday, 23 May, Nikkei 225 (N225) is $30,808.65.

Regarding Nikkei 225’s yearly highs and lows, it’s 20.72% up from its 52-week low and 0.89% down from its 52-week high.

Volatility

Nikkei 225’s last week, last month’s, and last quarter’s current intraday variation average was 1.09%, 0.49%, and 0.70%, respectively.

Nikkei 225’s highest amplitude of average volatility was 1.09% (last week), 0.71% (last month), and 0.70% (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 MarketWatch on Monday, 22 May, "We’re developing and delivering connected, digital products that give customers tailored ownership experiences – opening up diverse revenue pools and unprecedented growth for us instead of jockeying for slivers of share with complex hardware in over-served vehicle categories." The stock has edged up 0.2% year to date through Friday, while the S&P 500 has advanced 9.2%."
  • According to FXStreet on Monday, 22 May, "Against this backdrop, Wall Street closed with minor losses and the S&P 500 Futures track the same while US Treasury bond yields grind higher."
  • According to MarketWatch on Monday, 22 May, "The stock has gained 33.6% in the year through Friday’s close, while the S&P 500 has gained 9%."
  • According to FXStreet on Monday, 22 May, "Against this backdrop, S&P 500 Futures appear indecisive while stocks in the Asia-Pacific zone grind lower amid the market’s cautious mood ahead of today’s key US debt ceiling talks and the week’s Aussie-US PMIs, as well as Fed Minutes."

More news about Nikkei 225 (N225).

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