MATTHEWS ASIA DIVIDEND ETF (ADVE) Stock Technical Analysis
USA - NYSEARCA:ADVE - US5771305860 - ETF
We assign a technical rating of 8 out of 10 to ADVE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADVE is only an average performer.
ADVE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.87, a Stop Loss order could be placed below this zone.
More info and screens
30.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 37.39 to 38.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.73 from a horizontal line in the daily time frame.
- Support @35.61 from a horizontal line in the weekly time frame.
- Support @30.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.07 to 39.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ADVE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADVE is up. |
| ChartMill Relative Strength | 65.54 | NEUTRAL | ADVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.89 | NEUTRAL | The RSI value for ADVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ADVE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.17 | NEUTRAL | The Stochastics value for ADVE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for ADVE suggests low volalility. |
| Average Directional Index/ADX (14) | 13.49 | NEGATIVE | The low ADX value for ADVE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.41 | 38.08 | 1.33 (3.39%) | 25.00% |
| An entry @39.41. This is a Buy Stop order right above the resistance zone. | An exit @38.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.33 points, which is 3.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ADVE (10/24/2025, 8:08:00 PM)
39.0634
+0.05 (+0.14%)
MATTHEWS ASIA DIVIDEND ETF / ADVE FAQ
What is the ChartMill technical rating of MATTHEWS ASIA DIVIDEND ETF (ADVE) stock?
ChartMill assigns a technical rating of 8 / 10 to ADVE.
Can you provide the trend direction for MATTHEWS ASIA DIVIDEND ETF?
The current trend direction for MATTHEWS ASIA DIVIDEND ETF (ADVE) is Bullish.
What is the RSI signal for ADVE stock?
MATTHEWS ASIA DIVIDEND ETF (ADVE) has an RSI value of 56.8915. This indicates that the stock is currently neutral.
What is the MACD signal for ADVE stock?
The MACD indicator for MATTHEWS ASIA DIVIDEND ETF (ADVE) has a value of -0.00329616, indicating a bearish trend.
What is the support and resistance level for ADVE stock?
MATTHEWS ASIA DIVIDEND ETF (ADVE) has a support level at 38.87 and a resistance level at 39.07. Check the full technical report for our detailed analysis of ADVE support and resistance levels.