The (NEXT FUNDS) Nikkei Semiconductor Stock Index Linked ETF rose from ¥4,448 to ¥4,718 between 8/12 and 8/17, breaking above its 25-day moving average on 8/14. This marked the start of a recovery phase, with the price rising for the past 4 trading days.
Between 8/12 and 8/17, the stock's trading range expanded from ¥4,448 to ¥4,718, representing a gain of approximately 6.1%.
The stock was reported to have broken above its 25-day moving average on 8/14. Together with technical improvements following the decline in the second half of July, this produced a rebound accompanied by a wider price range.
The recent upward phase is continuing, with a short-term recovery trend being observed.