GET DAILY SIGNALSChina ETF has a steep upwardly-sloped trend line and a bullish signal
Since the global selloff ended in late December/early January, China’s market has moved sharply higher. The Shanghai Composite is up just shy of 25% since January 2 while the S&P 500 is up 17.4% during that same time period. One particular ETF that tracks China’s overall market has performed even better. The Deutsche X-Trackers Harvest CSI 300 China A-shares ETF (Amex: ASHR) is up 33.3% from the close on January 2.
At the post selloff high earlier in April, the ASHR was up over 40% from that January low. The ETF has pulled back a little in recent weeks, but that could be providing investors with an opportunity. The pullback brought ASHR down to the 50-day moving average and to a trend line that connects the lows from January and February. The trend line and the moving average are right on top of one another right now.
Another thing that happened with the recent pullback is that the daily stochastic readings moved in to oversold territory for the first time since January and the indicators just made a bullish crossover on April 30.
The Tickeron AI Trend Prediction tool generated a bullish signal on ASHR on April 29 and the prediction showed a confidence level of 86%. The signal calls for a gain of at least 4% over the next month and 69% of previous predictions on the ETF have been successful.
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Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.
ASHR sees MACD Histogram just turned negative
ASHR saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 25, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In 47 of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 89%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ASHR as a result. In 71 of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 84%.
The 50-day moving average for ASHR moved below the 200-day moving average on September 25, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASHR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
The Aroon Indicator for ASHR entered a downward trend on October 28, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ASHR's RSI Oscillator exited the oversold zone, 27 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 65 cases where ASHR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.
Following a +1.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASHR advanced for three days, in 187 of 249 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
ASHR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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