In its most recent trading session, iShares MSCI Japan Value ETF (NASDAQ:EWJV) dropped by -0.5% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.107, an Accumulation/Distribution Index (ADI) of 0.107, an On-Balance Volume (OBV) of 80.285, and a Chaiikin Money Flow (CMF) of 26.27. 2.064
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of iShares MSCI Japan Value ETF (NASDAQ:EWJV). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.