MATTHEWS ASIA DIVIDEND ETF (ADVE) Stock Technical Analysis
USA - NYSEARCA:ADVE - US5771305860 - ETF
38.4935 USD
+0.14 (+0.36%)
Taking everything into account, ADVE scores 8 out of 10 in our technical rating. 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.
Warning: ADVE has an average volume of 279 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ADVE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, ADVE outperforms 64% of them, which is more or less in line with the market.
In the last month ADVE has a been trading in a tight range between 36.57 and 38.49.
Volume is considerably higher in the last couple of days.
Although ADVE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.46
38.88
4 important support areas can be observed.
- A support zone ranging from 36.59 to 37.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.61 to 35.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.82 from a horizontal line in the daily time frame.
- Support @30.77 from a horizontal line in the weekly time frame.
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 | 64.15 | 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) | 73.76 | OVERBOUGHT | The high RSI value suggests ADVE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ADVE has a positive trend. |
| Stochastics (14,3) | 99.42 | OVERBOUGHT | The high Stochastics value suggests ADVE may be overbought. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for ADVE suggests low volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for ADVE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:ADVE (9/15/2025, 6:40:02 PM)
38.4935
+0.14 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week4.88%
2 Weeks4.31%
1 Month3.03%
3 Month10.55%
6 Month16.42%
12 Month10.37%
2 Year29.43%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%0.58%
ATR Inc3.38%
Range Today0
ADR(20)0.04
ADR(20)%0.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.15
Mansfield0.09
10 Day High38.49
10 Day Low36.57
20 Day High38.49
20 Day Low36.57
52 Week High38.49
52 Week Low27.03
CS1 End37.9
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume175
Volume Incr219.57%
Vol(5)735
Vol(50)279.5