Technical Analysis for MEMS - Matthews Emerging Markets Discovery Active ETF

Grade Last Price % Change Price Change
F 24.47 1.38% 0.33
MEMS closed up 1.38 percent on Tuesday, November 19, 2024, on 27 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 1.38%
Narrow Range Bar Range Contraction 1.38%
Lower Bollinger Band Walk Weakness 1.38%
Gapped Up Strength 1.38%
Oversold Stochastic Weakness 1.38%
Volume Surge Other 1.49%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 11 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
Reversed from Up about 13 hours ago
Gapped Up (Full) about 16 hours ago
Rose Above Previous Day's High about 16 hours ago

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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 1.18 4.37
LEGN F 2.62 3.09
BZ F -1.38 0.52

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 27.22
52 Week Low 23.38
Average Volume 7,303
200-Day Moving Average 0.00
50-Day Moving Average 25.75
20-Day Moving Average 25.19
10-Day Moving Average 24.77
Average True Range 0.26
RSI (14) 36.31
ADX 23.5
+DI 25.66
-DI 48.94
Chandelier Exit (Long, 3 ATRs) 25.21
Chandelier Exit (Short, 3 ATRs) 24.87
Upper Bollinger Bands 26.38
Lower Bollinger Band 24.00
Percent B (%b) 0.2
BandWidth 9.44
MACD Line -0.43
MACD Signal Line -0.32
MACD Histogram -0.114
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.49
Resistance 3 (R3) 24.49 24.48 24.48
Resistance 2 (R2) 24.48 24.48 24.48 24.48
Resistance 1 (R1) 24.48 24.47 24.48 24.48 24.48
Pivot Point 24.47 24.47 24.47 24.47 24.47
Support 1 (S1) 24.47 24.47 24.47 24.47 24.46
Support 2 (S2) 24.46 24.47 24.46 24.46
Support 3 (S3) 24.46 24.46 24.46
Support 4 (S4) 24.46