Japanese stocks closed lower on Friday

 ending the week with losses across several sectors

The most notable sectors to report losses were transportation and telecommunications.

The most prominent leading stocks to decline on Friday were:

Advantest Corp. shares fell 4.4%.

Sumitomo Realty & Development Co. shares fell 3.8%.

Seven & i Holdings Co. shares fell 3.7%.

The Nikkei also fell 0.17%.

Nikkei Japan

As for the Nikkei Japan Index analysis,

The index is currently moving in a sideways direction on the 4-hour timeframe.

So far, the movement indicates a regrouping process.

Therefore, the upward trend is expected to continue, reaching supply areas.

Located at 41,659, these are considered very strong areas.

If the index reaches these levels, it may lead to a decline and a correction.

The previously mentioned demand areas, located at 38,844, are still very strong.

In the event of a decline, they are expected to rise again and return

to complete the uptrend toward the previously mentioned supply areas.