ASIA Matthews Pacific Tiger Active ETF Forecast, Technical & Fundamental Analysis
ASIA's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for ASIA turned positive on January 21, 2025. Looking at past instances where ASIA's MACD turned positive, the stock continued to rise in of 10 cases over 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 February 04, 2025. You may want to consider a long position or call options on ASIA as a result. In of 18 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
ASIA moved above its 50-day moving average on February 07, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ASIA crossed bullishly above the 50-day moving average on February 13, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 ASIA advanced for three days, in of 87 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 53 cases where ASIA 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 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 ASIA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category PacificAsiaexJapanStk
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GEM | 33.87 | -0.11 | -0.32% |
| Goldman Sachs ActiveBeta® EMkts Eq ETF | |||
| USNZ | 38.15 | -0.65 | -1.68% |
| Xtrackers Net Zero Pwy Par Alg US Eq ETF | |||
| DFAS | 64.35 | -1.77 | -2.68% |
| Dimensional US Small Cap ETF | |||
| LOUP | 55.60 | -2.55 | -4.39% |
| Innovator Deepwater Frontier Tech ETF | |||
| IWML | 20.54 | -1.35 | -6.19% |
| ETRACS 2x Leveraged US Size Fctr TR ETN | |||
ASIA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ASIA has been closely correlated with AAXJ. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASIA jumps, then AAXJ could also see price increases.
| Ticker / NAME | Correlation To ASIA | 1D Price Change % | ||
|---|---|---|---|---|
| ASIA | 100% | +0.07% | ||
| AAXJ - ASIA | 96% Closely correlated | +0.07% | ||
| AIA - ASIA | 95% Closely correlated | +0.98% | ||
| EEMA - ASIA | 94% Closely correlated | +0.24% | ||
| EPP - ASIA | 76% Closely correlated | -1.17% | ||
| BBAX - ASIA | 75% Closely correlated | -1.35% |