The Nikkei 225's current position and the key levels serving as resistance above and support below are summarized as of the 6th. Bollinger deviations, moving averages and stochastic readings are also listed.
When the Nikkei 225 is in an upward phase, a reduction in the number of resistance points overhead is considered to signal market strength, while also requiring caution over overheating. Conversely, a decline in its position may strengthen the sense that it is undervalued, but could also increase the thickness of the resistance lines indicating limited upside.
The article lists the Nikkei 225's main technical points, including Bollinger sigma levels, weekly and daily moving averages, and other levels. As of the 6th, the 26-week Bollinger 3σ was 75296.33, the 2σ was 72021.69, the 13-week 3σ was 71916.35, the 25-day moving average was 65861.25, and the 200-day moving average was 60507.29, among other figures.
Daily indicators also include levels for the new three-line break bearish reversal value, the lower and upper boundaries of the Ichimoku Cloud, and the 75-day moving average. Stochastics were shown at 94.53 for Fast and 94.23 for Slow. These figures may serve as a basis for the latest market assessment.