The Nikkei Average rebounded on the 21st for the first time in 3 trading sessions. After rising by approximately ¥1,329 from the previous day to ¥65,404.63, it closed at ¥64,621.24, up ¥545.82.
The Nikkei Average rebounded on the 21st for the first time in 3 trading sessions. It rose as high as ¥65,404.63, up ¥1,329.21 from the previous day, before ending the session. The closing price was ¥64,621.24, up ¥545.82. Although the market showed signs of limited upside, it did rebound.
On the daily chart, the index has remained below the 5-day moving average for 9 consecutive days, suggesting that downward momentum is still continuing. The candlestick also formed a bearish candle with an upper shadow, indicating continued pressure on the upside.
From the perspective of technical indicators, the index is trending down against both the 25-day and 75-day moving averages and is positioned below the Ichimoku cloud. The chart is generally viewed as continuing to show a selling bias.