Free Nikkei 500 Textiles & Apparel (NG05.OS) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
22 Jan / Daily
Category/Currency
Indexes/JPY
Exchange/Country
OSA/--

Nikkei 500 Textiles & Apparel (NG05.OS) signal with technical analysis on 22 Jan

On 22 Jan, we conducted a comprehensive technical analysis of Nikkei 500 Textiles & Apparel (NG05.OS), considering 256 signals with intricate details. Here are the key findings: 162 signals suggested buy strategies, while 17 indicated sell strategies. The remaining 77 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: 42
Sell Signals: 0
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 44
Sell Signals: 4
Neutral Signals: 16
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 41
Sell Signals: 7
Neutral Signals: 16
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 35
Sell Signals: 6
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 162
Sell Signals: 17
Neutral Signals: 77
Result: This strategy leads to a Hold 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 Textiles & Apparel (NG05.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 Textiles & Apparel (NG05.OS) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Nikkei 500 Textiles & Apparel (NG05.OS) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Nikkei 500 Textiles & Apparel (NG05.OS) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential 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 is advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

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

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Nikkei 500 Textiles & Apparel (NG05.OS)** holdings.

Nikkei 500 Textiles & Apparel (NG05.OS) Price Analysis and Resistance Levels:

Given our current long position in Nikkei 500 Textiles & Apparel (NG05.OS), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0): The primary hurdle is the 0 price level. If the prevailing trend remains unchanged, Nikkei 500 Textiles & Apparel (NG05.OS) could break above this level, indicating its strength and potential for further growth.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Nikkei 500 Textiles & Apparel (NG05.OS), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Nikkei 500 Textiles & Apparel (NG05.OS) technical analysis chart

Nikkei 500 Textiles & Apparel (NG05.OS) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 497.86 481.37 394.33 -- --
 Nikkei 500 Textiles & Apparel (NG05.OS) Support and Resistance area (22 Jan)

Nikkei 500 Textiles & Apparel (NG05.OS) signals list for 22 Jan

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Nikkei 500 Textiles & Apparel (NG05.OS) candlestick patterns on 22 Jan

Today's Nikkei 500 Textiles & Apparel (NG05.OS) Candle Patterns List:

Hikkake Pattern Short Line Candle

Nikkei 500 Textiles & Apparel (NG05.OS) technical analysis over the past days

# Date Overal Signals ALL Signals
1 21 Jan Hold HoldHoldHoldHold
2 20 Jan Buy BuyBuyBuyHold
3 17 Jan Sell SellSellNeutralHold
4 16 Jan Hold NeutralHoldHoldHold
5 15 Jan Hold NeutralNeutralHoldHold
6 14 Jan Sell SellHoldHoldHold
7 10 Jan Hold NeutralNeutralHoldHold
8 09 Jan Hold HoldHoldHoldHold
9 08 Jan Hold HoldHoldHoldHold
10 07 Jan Buy BuyHoldHoldHold
11 06 Jan Hold NeutralHoldHoldHold
12 30 Dec Hold HoldHoldHoldHold
13 27 Dec Hold HoldHoldHoldHold
14 26 Dec Buy BuyBuyHoldHold
15 24 Dec Hold NeutralNeutralHoldHold
16 23 Dec Buy NeutralBuyHoldHold
17 20 Dec Neutral HoldNeutralHoldHold
18 19 Dec Sell SellHoldHoldHold
19 18 Dec Hold NeutralHoldHoldHold
20 17 Dec Hold HoldHoldHoldHold
21 16 Dec Hold HoldHoldHoldHold
22 13 Dec Hold HoldHoldHoldHold
23 12 Dec Hold HoldHoldHoldHold
24 11 Dec Buy BuyHoldHoldHold
25 10 Dec Buy NeutralHoldBuyHold
26 09 Dec Sell SellNeutralNeutralHold
27 06 Dec Neutral NeutralHoldNeutralHold
28 05 Dec Hold NeutralHoldHoldHold
29 04 Dec Hold HoldHoldHoldHold
30 03 Dec Hold HoldHoldHoldHold

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