Japan's Nikkei Index Falls Over 2% on AI Spending Concerns
📊 N225 — Piyasa Yorumu
▼ down · 70%The Nikkei index declined 1.9% to 64,604, driven by concerns over artificial intelligence spending. While the RSI at 38.6 approaches oversold territory, the MACD line remains below the signal line and in negative territory. The price is trading below its 20-day and 50-day moving averages (65,908 and 66,142, respectively). Selling pressure is likely to persist in the short term, though the pace of decline may be limited due to oversold conditions.
📊 GOOGL — Piyasa Yorumu
▼ down · 70%GOOGL stock could be negatively impacted by the sharp decline in Japan's Nikkei index driven by concerns over artificial intelligence spending. Technical indicators point to oversold conditions (RSI at 20.67), but the MACD and moving averages confirm a strong downtrend. In the short term, the risk of continued selling pressure is high, though some buying on the dip may occur due to oversold conditions. Investors are advised to remain cautious and wait for a potential recovery signal.
📊 NDX — Piyasa Yorumu
▼ down · 70%NDX fell 1.1% over the past 24 hours to 28,456, with the RSI approaching oversold territory at 36.7. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages (28,885 and 28,967, respectively), pointing to a fragile technical structure. Concerns over AI spending in Japan may reduce risk appetite for global tech stocks, adding further pressure on NDX. However, the RSI nearing oversold levels suggests a potential short-term rebound cannot be entirely ruled out.
📊 NVDA — Piyasa Yorumu
▼ down · 60%The sharp decline in Japan's Nikkei index reflects global concerns over artificial intelligence spending, potentially putting pressure on AI-focused stocks such as NVDA. Technically, although the RSI is in neutral territory at 50.5, the MACD remains below the signal line, indicating short-term weakness. The price sitting just below the 20-day SMA (209.16) suggests resistance. However, the 50-day SMA (207.63) stands as a nearby support level, and its defense could limit the downside. Overall, the news flow and technical indicators point to a downside risk in the near term.