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MEM
ETF ticker: NYSE ARCA
AS OF
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Net Assets
50.51M

MEM Matthews Emerging Markets Eq Actv ETF Forecast, Technical & Fundamental Analysis

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A.I.Advisor
a Summary for MEM with price predictions
07:00 PM EST Nov 27, 2023

MEM in upward trend: price rose above 50-day moving average on November 14, 2023

MEM moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend. In of 9 similar past instances, the stock price increased further within 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 November 02, 2023. You may want to consider a long position or call options on MEM as a result. In of 21 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 MEM just turned positive on November 02, 2023. Looking at past instances where MEM's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for MEM crossed bullishly above the 50-day moving average on November 16, 2023. 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 MEM advanced for three days, in of 86 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 MEM 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 10-day RSI Indicator for MEM moved out of overbought territory on November 21, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 similar instances where the indicator moved out of overbought territory. In of the 8 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 13 cases where MEM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), PDD Holdings (NASDAQ:PDD), Applied Materials (NASDAQ:AMAT), Vale SA (NYSE:VALE), Freeport-McMoran (NYSE:FCX), Yum China Holdings (NYSE:YUMC), H World Group Limited (NASDAQ:HTHT).

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries. It seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Market Cap

The average market capitalization across the Matthews Emerging Markets Eq Actv ETF ETF is 68.59B. The market cap for tickers in the group ranges from 559.19M to 470.58B. TSM holds the highest valuation in this group at 470.58B. The lowest valued company is VINP at 559.19M.

High and low price notable news

The average weekly price growth across all stocks in the Matthews Emerging Markets Eq Actv ETF ETF was 20%. For the same ETF, the average monthly price growth was 35%, and the average quarterly price growth was 103%. PDD experienced the highest price growth at 18%, while YUMC experienced the biggest fall at -3%.

Volume

The average weekly volume growth across all stocks in the Matthews Emerging Markets Eq Actv ETF ETF was 8%. For the same stocks of the ETF, the average monthly volume growth was 3% and the average quarterly volume growth was -14%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 59
Price Growth Rating: 48
SMR Rating: 47
Profit Risk Rating: 59
Seasonality Score: 11 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Four Embarcadero CenterSuite 550San Francisco
Phone
N/A
Web
www.matthewsasia.com/
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MEM and

Correlation & Price change

A.I.dvisor indicates that over the last year, MEM has been loosely correlated with VWO. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if MEM jumps, then VWO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEM
1D Price
Change %
MEM100%
+0.35%
VWO - MEM
42%
Loosely correlated
+0.82%
IEMG - MEM
42%
Loosely correlated
+0.85%
SPEM - MEM
42%
Loosely correlated
+0.87%
EEM - MEM
42%
Loosely correlated
+0.84%
SCHE - MEM
41%
Loosely correlated
+0.81%
More