MMA Weekly Report Nikkei Average Stock Price By Raymond Merriman Sep.5 2021
1. Review
The Nikkei Stock Average ended the week at 29,128, up 1,487 points from the previous week. The week's low was 27,602 on August 31 (Tuesday). The week's high was 29,149 on September 3 (Friday). The closing price for the week was above the weekly resistance line, indicating a bullish mood. Furthermore, this closing price surpassed the Weekly Trend Indicator Point (TIP) for the first time in three weeks. However, the underlying trend remains in a “neutral” state.
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