ASEA Global X FTSE Southeast Asia ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/ASEAN 40 Index ("underlying index")... Show more
ASEA in upward trend: price rose above 50-day moving average on August 01, 2025
ASEA moved above its 50-day moving average on August 01, 2025 date and that indicates a change from a downward trend to an upward trend. In of 49 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 07, 2025. You may want to consider a long position or call options on ASEA as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ASEA just turned positive on August 07, 2025. Looking at past instances where ASEA's MACD turned positive, the stock continued to rise in of 45 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 ASEA advanced for three days, in of 321 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 216 cases where ASEA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
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 4 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 ASEA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ASEA broke above its upper Bollinger Band on August 13, 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.
Advertisement
General Information
Category PacificAsiaexJapanStk
ASEA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ASEA has been closely correlated with EPP. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASEA jumps, then EPP could also see price increases.
| Ticker / NAME | Correlation To ASEA | 1D Price Change % | ||
|---|---|---|---|---|
| ASEA | 100% | -1.30% | ||
| EPP - ASEA | 76% Closely correlated | -0.80% | ||
| BBAX - ASEA | 75% Closely correlated | -0.79% | ||
| AAXJ - ASEA | 66% Loosely correlated | -1.41% | ||
| EEMA - ASEA | 65% Loosely correlated | -1.34% | ||
| AIA - ASEA | 61% Loosely correlated | -1.79% |