In its most recent trading session, iShares MSCI Japan Value ETF (NASDAQ:EWJV) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.105, an Accumulation/Distribution Index (ADI) of 0.105, an On-Balance Volume (OBV) of 52.245, and a Chaiikin Money Flow (CMF) of 26.17. 1.0
Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for iShares MSCI Japan Value ETF (NASDAQ:EWJV). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.