Nissan stock price investor sentiment remains cautious

Investor sentiment remains cautious amid global EV competition, but stable yen performance is limiting downside risk. A breakout above ¥570 could open room toward ¥590 based on moving average trends. Crude oil prices advanced on Friday as Russia restricted fuel exports by introducing a partial ban on diesel exports until the end of 2025. West Texas Intermediate crude for November delivery was up $0.59 or 0.91 percent at $65.57 per barrel. “Sentiment is very bad,” said Holden. “There’s very little positive activity around Nissan, in terms of funds opening and closing positions.” Holden sees Nissan as one of the big losers in a worldwide trend away from automakers and toward big tech among global funds heading into 2025. The broader Japanese stock market was also in profit-taking mode Monday, after five consecutive days of gains last week. The benchmark Topix index slid as much as 0.8% in the last trading session of the year, dragged by electronics and automakers. Nissan was the worst performer on the blue-chip Nikkei 225 as of 3:24 p.m. in Tokyo. Want more news? Listen to today's daily briefing below or go here for more info: Nissan stock price reacted positively to an industry-wide upgrade from major equity research firms. The EPS forecast for fiscal year-end was revised upward by 5%, fueling stronger buy-side interest.