Bullish Chart Action in an Overlooked Japan ETF

NKY currently resides 3.3% below its 52-week high, but the ETF is about 3% above its 200-day moving average. Its 50-day moving average recently crossed above its 200-day line, which could be a bullish technical signal as well.

Maxis Nikkei 225 Index Fund

ETF Trends editorial team contributed to this post.