MATTHEWS ASIA DIVIDEND ETF (ADVE) Stock Technical Analysis
USA - NYSEARCA:ADVE - US5771305860 - ETF
Taking everything into account, ADVE scores 7 out of 10 in our technical rating. In the last year, ADVE was one of the better performers, but we do observe some doubts in the very recent evolution.
Although ADVE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.46
5 important support areas can be observed.
- A support zone ranging from 38.11 to 38.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.39 from a horizontal line in the daily time frame.
- 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 39.15 to 39.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ADVE is neutral. |
| ChartMill Relative Strength | 76.7 | POSITIVE | ADVE has a high relative strength, it outperformed 76.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADVE is below a declining 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) | 48.86 | NEUTRAL | The RSI value for ADVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ADVE has a negative trend. |
| Stochastics (14,3) | 61.12 | NEUTRAL | The Stochastics value for ADVE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for ADVE suggests low volalility. |
| Average Directional Index/ADX (14) | 9.09 | NEGATIVE | The low ADX value for ADVE suggests a weak or negative trend. |
NYSEARCA:ADVE (11/17/2025, 8:04:00 PM)
38.9534
-0.44 (-1.12%)
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 7 / 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 48.8634. 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 -0.0324213, indicating a bearish trend.
What is the support and resistance level for ADVE stock?
MATTHEWS ASIA DIVIDEND ETF (ADVE) has a support level at 38.77 and a resistance level at 39.15. Check the full technical report for our detailed analysis of ADVE support and resistance levels.