Free Nikkei 500 Glass & Ceramics (NG11.OS) Technical Analysis Signals

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

Nikkei 500 Glass & Ceramics (NG11.OS) signal with technical analysis on 02 Nov

On 02 Nov, we conducted a comprehensive technical analysis of Nikkei 500 Glass & Ceramics (NG11.OS), considering 256 signals with intricate details. Here are the key findings: 111 signals suggested buy strategies, while 64 indicated sell strategies. The remaining 81 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: 40
Sell Signals: 5
Neutral Signals: 19
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 33
Sell Signals: 13
Neutral Signals: 18
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 20
Sell Signals: 24
Neutral Signals: 20
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 18
Sell Signals: 22
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 111
Sell Signals: 64
Neutral Signals: 81
Result: This strategy leads to a Buy 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 Glass & Ceramics (NG11.OS) investments, we highly recommend visiting the "magicalprediction" 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 Glass & Ceramics (NG11.OS) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Nikkei 500 Glass & Ceramics (NG11.OS) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Nikkei 500 Glass & Ceramics (NG11.OS) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 3.04%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Nikkei 500 Glass & Ceramics (NG11.OS)** holdings.

Nikkei 500 Glass & Ceramics (NG11.OS) Price Analysis and Resistance Levels:

Given our current long position in Nikkei 500 Glass & Ceramics (NG11.OS), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (1090.44): The primary hurdle we face is the 1090.44 price level. If the current trend remains unchanged, Nikkei 500 Glass & Ceramics (NG11.OS) could break above this level, signaling its strength and potential for further growth.

Second resistance level (1106.39): If the upward trend continues with significant strength, we may see Nikkei 500 Glass & Ceramics (NG11.OS) cross the second resistance level at 1106.39, indicating a major upside move and a promising direction for our position.

Third resistance level (1127.15): For a more comprehensive analysis, consider a scenario where Nikkei 500 Glass & Ceramics (NG11.OS) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Nikkei 500 Glass & Ceramics (NG11.OS) could potentially reach the third resistance level of 1127.15.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Nikkei 500 Glass & Ceramics (NG11.OS), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Nikkei 500 Glass & Ceramics (NG11.OS) technical analysis chart

Nikkei 500 Glass & Ceramics (NG11.OS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 1090.44 1106.39 1127.15 1213.06 --
Support 1010.92 988.51 976.64 870.46 --
 Nikkei 500 Glass & Ceramics (NG11.OS) Support and Resistance area (02 Nov)

Nikkei 500 Glass & Ceramics (NG11.OS) signals list for 02 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Nikkei 500 Glass & Ceramics (NG11.OS) candlestick patterns on 02 Nov

Today's Nikkei 500 Glass & Ceramics (NG11.OS) Candle Patterns List:

Belt-hold Closing Marubozu Engulfing Pattern Long Line Candle Marubozu

Nikkei 500 Glass & Ceramics (NG11.OS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 01 Nov Buy BuyBuyNeutralNeutral
2 31 Oct Sell SellHoldHoldHold
3 30 Oct Hold NeutralHoldHoldHold
4 29 Oct Sell SellSellHoldSell
5 28 Oct Buy BuyNeutralHoldNeutral
6 25 Oct Hold HoldHoldHoldHold
7 24 Oct Hold HoldHoldHoldHold
8 23 Oct Hold HoldHoldHoldHold
9 22 Oct Sell HoldHoldHoldSell
10 21 Oct Hold HoldHoldHoldNeutral
11 18 Oct Sell HoldHoldSellNeutral
12 17 Oct Buy HoldHoldNeutralBuy
13 16 Oct Sell SellSellNeutralNeutral
14 15 Oct Buy NeutralBuyHoldHold
15 11 Oct Sell SellNeutralHoldHold
16 10 Oct Hold NeutralHoldHoldHold
17 09 Oct Hold NeutralHoldHoldHold
18 08 Oct Hold NeutralHoldHoldHold
19 07 Oct Hold HoldHoldHoldHold
20 04 Oct Buy BuyHoldHoldHold
21 03 Oct Hold NeutralHoldHoldHold
22 02 Oct Sell SellHoldHoldHold
23 01 Oct Hold NeutralHoldHoldHold
24 30 Sep Hold NeutralHoldHoldHold
25 27 Sep Hold HoldHoldHoldHold
26 26 Sep Hold HoldHoldHoldHold
27 25 Sep Buy HoldHoldHoldBuy
28 24 Sep Buy HoldHoldBuyNeutral
29 20 Sep Buy HoldBuyNeutralNeutral
30 19 Sep Buy BuyNeutralHoldHold

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