On Friday, Asian markets jumped on hopes of a possible trade deal between the U.S. and China.
U.S. President Donald Trump on Thursday indicated that talks with China leader Xi Jinping were "moving along nicely." A Bloomberg report further suggested that Trump has asked his team to delineate terms of a proposed trade deal with China ahead of the President’s meeting with Xi at the G20 leaders summit in Buenos Aires later this month. A spokesperson for China's Ministry of Foreign Affairs said on Friday, "I hope teams from both sides can implement the agreements achieved by the two countries' leaders".
Talks of talks between the two nations seemed to uplift Asia's major stock indexes on Friday. Hong Kong's Hang Seng Index jumped more than +4%, China's Shanghai Composite and Japan's Nikkei both climbed about +2.5%. However, the question remains – will the two nations' talks materialize into reduced trade tensions between them? Not enough details of the U.S. proposed deal have been disclosed yet. The fact that previous talks/attempts at U.S.-China ceasefire had fallen through this year cannot be brushed aside either.
So far, the U.S. has slapped tariffs on over $250 billion of Chinese goods this year, while China has imposed levies on more than $110 billion of US goods. The bump in global stocks on Friday could extend to a further rally if the upcoming talks between the two nations is actually able to ameliorate their trade relations. Otherwise, the upswing could potentially get dampened.
MCHI saw its Momentum Indicator move above the 0 level on August 28, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned positive. In of the 93 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Moving Average Convergence Divergence (MACD) for MCHI just turned positive on September 09, 2025. Looking at past instances where MCHI's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCHI advanced for three days, in of 259 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 171 cases where MCHI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCHI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MCHI broke above its upper Bollinger Band on September 11, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category PacificAsiaexJapanStk