Free Nikkei 500 Machinery (NG14.OS) Technical Analysis Signals

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

Nikkei 500 Machinery (NG14.OS) signal with technical analysis on 02 Nov

On 02 Nov, we conducted a comprehensive technical analysis of Nikkei 500 Machinery (NG14.OS), considering 256 signals with intricate details. Here are the key findings: 46 signals suggested buy strategies, while 112 indicated sell strategies. The remaining 98 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: 17
Sell Signals: 25
Neutral Signals: 22
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 13
Sell Signals: 27
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 6
Sell Signals: 32
Neutral Signals: 26
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 10
Sell Signals: 28
Neutral Signals: 26
Result: This strategy leads to a Sell position.

Overall Strategy:
Buy Signals: 46
Sell Signals: 112
Neutral Signals: 98
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 Machinery (NG14.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 Machinery (NG14.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 Machinery (NG14.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 Machinery (NG14.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 4.09% 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 Machinery (NG14.OS)** investments.

Nikkei 500 Machinery (NG14.OS) Price Analysis and Support Levels:

In our current Nikkei 500 Machinery (NG14.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: 2610.8701171875
We are closely monitoring the price at 2610.8701171875, 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: 2532.4099121094
If the first support level is broken, the second support level at 2532.4099121094 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 2456.0100097656
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 2456.0100097656 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 Machinery (NG14.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 Machinery (NG14.OS) technical analysis chart

Nikkei 500 Machinery (NG14.OS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 2864.7099609375 2900.1799316406 3067.9899902344 3257.9399414062 --
Support 2610.8701171875 2532.4099121094 2456.0100097656 2435.5 2261.25
 Nikkei 500 Machinery (NG14.OS) Support and Resistance area (02 Nov)

Nikkei 500 Machinery (NG14.OS) signals list for 02 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Nikkei 500 Machinery (NG14.OS) candlestick patterns on 02 Nov

Today's Nikkei 500 Machinery (NG14.OS) Candle Patterns List:

Three Inside Up/Down Closing Marubozu

Nikkei 500 Machinery (NG14.OS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 01 Nov Sell NeutralSellSellSell
2 31 Oct Buy HoldHoldHoldBuy
3 30 Oct Buy HoldBuyBuyNeutral
4 29 Oct Hold HoldNeutralHoldNeutral
5 28 Oct Buy BuyHoldHoldHold
6 25 Oct Hold HoldHoldHoldHold
7 24 Oct Hold HoldHoldHoldHold
8 23 Oct Hold HoldHoldHoldNeutral
9 22 Oct Sell HoldHoldHoldSell
10 21 Oct Hold HoldHoldHoldNeutral
11 18 Oct Sell HoldHoldSellNeutral
12 17 Oct Hold HoldHoldNeutralNeutral
13 16 Oct Sell HoldSellNeutralNeutral
14 15 Oct Hold 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 HoldHoldHoldHold
24 30 Sep Hold NeutralHoldHoldHold
25 27 Sep Hold HoldHoldHoldHold
26 26 Sep Buy HoldHoldHoldBuy
27 25 Sep Buy HoldHoldBuyNeutral
28 24 Sep Hold HoldHoldNeutralNeutral
29 20 Sep Buy HoldHoldNeutralNeutral
30 19 Sep Hold HoldBuyHoldHold

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