TOPIX17 Sect-IDX

The indicator,“TOPIX Sect-IDX,”is designed to compare Japan’s Tokyo Stock Exchange sector indices, TOPIX-17, with stock prices. It allows you to compare the price movements of various sectors with those of individual stocks, and also to identify sector-specific price trends.

This indicator automatically sets the value at the left edge of the displayed chart to 100 and when viewing sector index trends over the short term, you can quickly see which sectors have been strong or weak recently. Over the long term, the indicator helps you grasp sector cycles. As reference indicators, the Nikkei 225 and TOPIX can also be displayed simultaneously.

In addition to sector indices, you can switch the display to TOPIX-17 sector ETFs.

This indicator is intended for trading Japanese stocks, so please note that the display uses Japanese text.