Nikkei 225 Daily Analysis — 2026-08-20
Session: ClosingLatest
- Close
- 66,181.09
- Change
- 1.31%
- 1W Change
- -3.12%
- 20D Change
- 0.10%
- EMA20
- 66,455.28
- EMA50
- 65,996.88
- EMA200
- 58,960.43
- RSI (14)
- 49.1
- ATR (14)
- 1,689.63
- Volatility (20D)
- 33.22%
- Distance from 20D High
- -4.92%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.89
- US10Y
- 4.65%
- DXY
- 98.89
The index closed higher, showing a modest rebound after a weekly decline, with momentum indicators pointing to a balanced market.
Market Drivers
The rebound is driven by a recovery in risk sentiment, supported by a stable volatility environment and a slight easing in the US dollar.
Trend Interpretation
Price is hovering around the short-term moving averages, indicating a consolidation phase, while the longer-term trend remains upward.
Risk Factors
Key risks include a potential pullback if momentum fails to sustain, and external pressures from rising global yields.
Bullish
In a bullish scenario, the index could break above recent highs, extending the medium-term uptrend with improving market breadth.
Neutral
In a neutral scenario, the index may continue to trade sideways, oscillating between support and resistance levels as investors await clearer signals.
Risk
In a risk scenario, a failure to hold above key moving averages could lead to a deeper correction, with volatility expanding.