Over the last fifty days, Japan has been the weakest major stock market. Measured by the average performance of MSCI industry groups, the average stock in Japan is down 3.71% over the last fifty days.
Performance
Internals are quite weak too. Only 43% of Japanese stocks are above their 50-day average.
Percent Above Moving Average
Only 4% of Japanese stocks are making new 50-day highs.
Percent Making New Highs
Over the previous fifty days, only 35% of Japanese stocks have experienced positive performance.
Percent With Positive Performance
38% of Japanese stocks are 10% or more away from three month highs.
Distance From 3-Month Highs
Lastly, only 27% of Japanese stocks have outperformed the MSCI World index over the last 50 days.
Percent Outperforming MSCI World