MAXIS? Nikkei 225 ETF (NKY) Stock Technical Analysis
NYSEARCA:NKY - NYSE Arca -
Taking everything into account, NKY scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NKY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NKY is a bad performer in the overall market: 70% of all stocks are doing better.
In the last month NKY has a been trading in the 15.87 - 17.92 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NKY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKY is lagging the market.
The technical rating of NKY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.95
20.26
2 important support areas can be observed.
- A support zone ranging from 17.10 to 17.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.11 to 16.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.64 to 18.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.03 to 20.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NKY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKY is up. |
| ChartMill Relative Strength | 30.86 | NEUTRAL | NKY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NKY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NKY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.66 | NEUTRAL | The RSI value for NKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NKY has a positive trend. |
| Stochastics (14,3) | 82.78 | OVERBOUGHT | The high Stochastics value suggests NKY may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for NKY suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:NKY (3/11/2016, 8:31:12 PM)
17.92
+0.47 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.69%
1 Week1.13%
2 Weeks5.35%
1 Month11.24%
3 Month-2.66%
6 Month0.45%
12 Month-4.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.44%
ATR Inc75.54%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.86
Mansfield-0.36
10 Day High17.92
10 Day Low16.79
20 Day High17.92
20 Day Low15.87
52 Week High20.07
52 Week Low15.87
CS1 End17.51
CR1 Start18.64
Volume & EV
DER(3)4.04%
DER(5)5.83%
Volume15.30K
Volume Incr-23.19%
Vol(5)37.72K
Vol(50)30.65K