Free Nikkei 500 Pulp & Paper (NG06.OS) Technical Analysis Signals

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

Nikkei 500 Pulp & Paper (NG06.OS) signal with technical analysis on 21 Nov

On 21 Nov, we conducted a comprehensive technical analysis of Nikkei 500 Pulp & Paper (NG06.OS), considering 256 signals with intricate details. Here are the key findings: 87 signals suggested buy strategies, while 75 indicated sell strategies. The remaining 94 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: 24
Sell Signals: 13
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 18
Sell Signals: 21
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 16
Sell Signals: 26
Neutral Signals: 22
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 29
Sell Signals: 15
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 87
Sell Signals: 75
Neutral Signals: 94
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 Pulp & Paper (NG06.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 Pulp & Paper (NG06.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 Pulp & Paper (NG06.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 Pulp & Paper (NG06.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 5.89%, 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 Pulp & Paper (NG06.OS)** holdings.

Nikkei 500 Pulp & Paper (NG06.OS) Price Analysis and Resistance Levels:

Given our current long position in Nikkei 500 Pulp & Paper (NG06.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 (386.08): The primary hurdle we face is the 386.08 price level. If the current trend remains unchanged, Nikkei 500 Pulp & Paper (NG06.OS) could break above this level, signaling its strength and potential for further growth.

Second resistance level (397.25): If the upward trend continues with significant strength, we may see Nikkei 500 Pulp & Paper (NG06.OS) cross the second resistance level at 397.25, indicating a major upside move and a promising direction for our position.

Third resistance level (409.92): For a more comprehensive analysis, consider a scenario where Nikkei 500 Pulp & Paper (NG06.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 Pulp & Paper (NG06.OS) could potentially reach the third resistance level of 409.92.
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 Pulp & Paper (NG06.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 Pulp & Paper (NG06.OS) technical analysis chart

Nikkei 500 Pulp & Paper (NG06.OS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 386.08 397.25 409.92 458.34 583.08
Support 364.75 358.87 301.03 276.28 --
 Nikkei 500 Pulp & Paper (NG06.OS) Support and Resistance area (21 Nov)

Nikkei 500 Pulp & Paper (NG06.OS) signals list for 21 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Nikkei 500 Pulp & Paper (NG06.OS) candlestick patterns on 21 Nov

Today's Nikkei 500 Pulp & Paper (NG06.OS) Candle Patterns List:

Doji Doji Star Dragonfly Doji Hikkake Pattern Long Legged Doji Takuri

Nikkei 500 Pulp & Paper (NG06.OS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 20 Nov Buy HoldNeutralNeutralBuy
2 19 Nov Sell HoldHoldHoldSell
3 18 Nov Buy BuyBuyBuyNeutral
4 15 Nov Hold HoldHoldHoldHold
5 14 Nov Hold HoldHoldHoldHold
6 13 Nov Hold HoldHoldHoldHold
7 12 Nov Hold HoldHoldHoldHold
8 11 Nov Sell SellHoldHoldHold
9 08 Nov Sell NeutralSellSellSell
10 07 Nov Buy BuyBuyNeutralNeutral
11 06 Nov Hold NeutralHoldHoldHold
12 05 Nov Hold HoldHoldHoldHold
13 01 Nov Sell SellHoldHoldHold
14 31 Oct Sell NeutralSellSellSell
15 30 Oct Buy HoldBuyBuyNeutral
16 29 Oct Buy BuyHoldHoldHold
17 28 Oct Hold HoldHoldHoldHold
18 25 Oct Hold HoldHoldHoldHold
19 24 Oct Hold HoldHoldHoldHold
20 23 Oct Hold NeutralHoldHoldHold
21 22 Oct Hold HoldHoldHoldHold
22 21 Oct Hold HoldHoldHoldHold
23 18 Oct Hold HoldHoldHoldHold
24 17 Oct Sell HoldHoldHoldSell
25 16 Oct Sell SellSellSellNeutral
26 15 Oct Neutral HoldNeutralNeutralNeutral
27 11 Oct Hold NeutralNeutralNeutralNeutral
28 10 Oct Buy HoldNeutralBuyHold
29 09 Oct Buy BuyNeutralNeutralBuy
30 08 Oct Hold NeutralSellNeutralNeutral

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