The Nikkei Average fell for a fifth consecutive trading day on the 14th, closing at ¥67,744.29. It reached a high of ¥68,408.14 and remained below its 5-day moving average for the fourth consecutive day.
The Nikkei Average reached a high of ¥68,408.14 on the 14th, up ¥630.62 from the previous day, before closing at ¥67,744.29, down ¥33.23. This confirmed a decline for the fifth consecutive trading day.
The short-term downtrend continued in the market, with selling pressure strengthening from the upper end of the day's range. Although the index traded above the previous day's close at times during the session, it ultimately finished lower.
Technically, the index remained below its 5-day moving average for the fourth consecutive day. While the 25-day moving average maintained its upward trend, the 5-day and 75-day moving averages were declining, pointing to both short-term weakness and uncertainty over the longer-term direction.