Technical Analysis for MEMS - Matthews Emerging Markets Discovery Active ETF

Grade Last Price % Change Price Change
B 25.94 1.89% 0.48
MEMS closed up 1.89 percent on Wednesday, July 3, 2024, on 0 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 1.89%
Gapped Down Weakness 1.89%
20 DMA Resistance Bearish 1.11%
Narrow Range Bar Range Contraction 1.11%
Gapped Up Strength 1.11%

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Profile

Matthews Emerging Markets Discovery Active ETF Description

MEMS aims to capitalize on growth opportunities within the emerging market space, including frontier markets. With a primary focus on small companies, the fund allocates at least 65% of its assets to the common and preferred stocks of these enterprises, with the remaining portion comprising mid-cap companies. The fund seeks sustainable growth based on fundamental characteristics such as balance sheet strength, employee count, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. Additionally, exclusionary ESG screens may be employed to avoid controversial businesses, such as tobacco, weapons, and fossil fuels. The fund issuer may engage with its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure and implementation. Up to 20% of the fund's assets may be invested in developed market companies, including ADRs and GDRs.


Classification

Keywords: Environmental Ethical Investment Ethical Banking Corporate Social Responsibility Social Finance MEMS Sustainable Business

Top 10 Components

Symbol Grade Price % Change Allocation
YMM D 1.75 4.58

Is MEMS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.09
52 Week Low 23.38
Average Volume 1,481
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 25.71
10-Day Moving Average 25.70
Average True Range 0.30
RSI (14) 60.00
ADX 29.75
+DI 33.49
-DI 55.50
Chandelier Exit (Long, 3 ATRs) 25.19
Chandelier Exit (Short, 3 ATRs) 24.28
Upper Bollinger Bands 26.04
Lower Bollinger Band 25.38
Percent B (%b) 0.85
BandWidth 2.55
MACD Line 0.10
MACD Signal Line 0.13
MACD Histogram -0.0213
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.94
Resistance 3 (R3) 25.94 25.94 25.94
Resistance 2 (R2) 25.94 25.94 25.94 25.94
Resistance 1 (R1) 25.94 25.94 25.94 25.94 25.94
Pivot Point 25.94 25.94 25.94 25.94 25.94
Support 1 (S1) 25.94 25.94 25.94 25.94 25.94
Support 2 (S2) 25.94 25.94 25.94 25.94
Support 3 (S3) 25.94 25.94 25.94
Support 4 (S4) 25.94