Free Nikkei 500 Fishery (NG01.OS) Technical Analysis Signals

Overal Signal
Sell
Signals
Neutral Hold Hold Hold
Last Update / Period
02 Nov / Daily
Category/Currency
Indexes/JPY
Exchange/Country
OSA/--

Nikkei 500 Fishery (NG01.OS) signal with technical analysis on 02 Nov

On 02 Nov, we conducted a comprehensive technical analysis of Nikkei 500 Fishery (NG01.OS), considering 256 signals with intricate details. Here are the key findings: 45 signals suggested buy strategies, while 108 indicated sell strategies. The remaining 103 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 22
Sell Signals: 18
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 12
Sell Signals: 23
Neutral Signals: 29
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 3
Sell Signals: 34
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 8
Sell Signals: 33
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 45
Sell Signals: 108
Neutral Signals: 103
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Nikkei 500 Fishery (NG01.OS) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Nikkei 500 Fishery (NG01.OS) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Nikkei 500 Fishery (NG01.OS) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Nikkei 500 Fishery (NG01.OS) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 9.66% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Nikkei 500 Fishery (NG01.OS)** investments.

Nikkei 500 Fishery (NG01.OS) Price Analysis and Support Levels:

In our current Nikkei 500 Fishery (NG01.OS) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 224.2
We are closely monitoring the price at 224.2, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 213.36
If the first support level is broken, the second support level at 213.36 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 200.84
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 200.84 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Nikkei 500 Fishery (NG01.OS). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Nikkei 500 Fishery (NG01.OS) technical analysis chart

Nikkei 500 Fishery (NG01.OS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 241.59 242.13 243.34 247.22 --
Support 224.2 213.36 200.84 -- --
 Nikkei 500 Fishery (NG01.OS) Support and Resistance area (02 Nov)

Nikkei 500 Fishery (NG01.OS) signals list for 02 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Nikkei 500 Fishery (NG01.OS) candlestick patterns on 02 Nov

Today's Nikkei 500 Fishery (NG01.OS) Candle Patterns List:

Doji Gravestone Doji Hikkake Pattern Inverted Hammer Long Legged Doji

Nikkei 500 Fishery (NG01.OS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 01 Nov Sell NeutralSellHoldHold
2 31 Oct Hold HoldNeutralHoldHold
3 30 Oct Hold HoldNeutralHoldHold
4 29 Oct Buy BuyHoldHoldHold
5 28 Oct Hold HoldHoldHoldHold
6 25 Oct Hold HoldHoldHoldHold
7 24 Oct Hold HoldHoldHoldHold
8 23 Oct Hold HoldHoldHoldHold
9 22 Oct Hold HoldHoldHoldHold
10 21 Oct Sell HoldHoldSellSell
11 18 Oct Hold HoldSellNeutralHold
12 17 Oct Hold HoldNeutralNeutralHold
13 16 Oct Neutral HoldNeutralHoldHold
14 15 Oct Sell SellNeutralHoldHold
15 11 Oct Hold NeutralHoldHoldHold
16 10 Oct Hold NeutralHoldHoldHold
17 09 Oct Hold HoldHoldHoldHold
18 08 Oct Hold HoldHoldHoldHold
19 07 Oct Hold HoldHoldHoldHold
20 04 Oct Hold HoldHoldHoldHold
21 03 Oct Hold HoldHoldHoldHold
22 02 Oct Hold HoldHoldHoldHold
23 01 Oct Buy BuyHoldBuyBuy
24 30 Sep Hold NeutralHoldNeutralNeutral
25 27 Sep Hold HoldHoldHoldNeutral
26 26 Sep Buy BuyBuyBuyBuy
27 25 Sep Sell NeutralNeutralSellSell
28 24 Sep Hold HoldHoldNeutralNeutral
29 20 Sep Buy BuyBuyNeutralNeutral
30 19 Sep Hold NeutralHoldHoldHold

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