MENU

ASIA Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom on January 28, 2025

A.I.dvisor
at Tickeron.com
Loading...
Head-and-Shoulders Bottom
ASIA - Matthews Pacific Tiger Active ETF
Tickeron
Emerged: 01/28/25
Breakout: $26.52
Price: $26.1
Target price: $27.84
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for ASIA stock. This pattern was detected on January 28, 2025 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).

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 .

Price Prediction Chart

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 .

View a ticker or compare two or three
ASIA
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
Pacific/Asia ex-Japan Stk
Address
Four Embarcadero CenterSuite 550San Francisco
Phone
N/A
Web
www.matthewsasia.com/