MCH Matthews China Active ETF Forecast, Technical & Fundamental Analysis
MCH's Indicator enters downward trend
The Aroon Indicator for MCH entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 144 similar instances where the Aroon Indicator formed such a pattern. In of the 144 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for MCH turned negative on December 30, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 23 similar instances when the indicator turned negative. In of the 23 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for MCH's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCH advanced for three days, in of 123 cases, the price rose further within the following month. The odds of a continued upward trend are .
MCH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category PacificAsiaexJapanStk
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BSVKX | 10.34 | 0.06 | +0.58% |
| BlackRock Sustainable US Value Eq K | |||
| ICSAX | 16.37 | 0.08 | +0.49% |
| VY® Columbia Small Cap Value II A | |||
| HQIYX | 20.88 | 0.09 | +0.43% |
| Hartford Equity Income Y | |||
| FZABX | 25.88 | 0.11 | +0.43% |
| Fidelity Advisor Diversified Intl Z | |||
| VBCVX | 15.51 | 0.05 | +0.32% |
| VALIC Company I Systematic Value | |||
MCH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MCH has been closely correlated with CQQQ. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if MCH jumps, then CQQQ could also see price increases.
| Ticker / NAME | Correlation To MCH | 1D Price Change % | ||
|---|---|---|---|---|
| MCH | 100% | +2.20% | ||
| CQQQ - MCH | 93% Closely correlated | +2.72% | ||
| EWT - MCH | 3% Poorly correlated | +0.10% | ||
| ASHR - MCH | -2% Poorly correlated | +1.29% | ||
| FXI - MCH | -6% Poorly correlated | +1.94% | ||
| MCHI - MCH | -7% Poorly correlated | +2.05% | ||
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