Nikkei 225 Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 67,641.88
- Change
- -1.56%
- 1W Change
- 3.10%
- 20D Change
- 1.21%
- EMA20
- 66,365.71
- EMA50
- 65,895.57
- EMA200
- 58,737.94
- RSI (14)
- 54.9
- ATR (14)
- 1,739.08
- Volatility (20D)
- 35.25%
- Distance from 20D High
- -2.83%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.25
- US10Y
- 4.70%
- DXY
- 99.64
The Nikkei 225 closed lower, extending a pullback after a strong weekly gain, with momentum cooling from overbought levels.
Market Drivers
The decline is driven by profit-taking and a cautious tone in global markets, as investors weigh rising US yields and a firmer dollar.
Trend Interpretation
The index remains above its key moving averages, indicating a longer-term uptrend, but short-term momentum has turned negative.
Risk Factors
Key risks include a further rise in US yields, a stronger dollar, and a potential break below short-term support levels.
Bullish
In a bullish scenario, the index could resume its uptrend if buying interest emerges at higher lows, supported by solid earnings and global growth.
Neutral
In a neutral scenario, the index may consolidate within a range, with dips being bought and rallies sold, as investors await fresh catalysts.
Risk
In a risk scenario, a sustained break below key moving averages could trigger further selling, leading to a deeper correction.