We assign a technical rating of 10 out of 10 to MKOR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MKOR is showing a nice and steady performance.
Although MKOR has an excellent technical rating, it does not offer a high quality setup 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
31.48
We found 1 important support area.
- A support zone ranging from 31.80 to 32.92. 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 MKOR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKOR is up. |
| ChartMill Relative Strength | 91.52 | POSITIVE | MKOR has a high relative strength, it outperformed 91.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.99 | NEUTRAL | The RSI value for MKOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests MKOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.51 | OVERBOUGHT | The high Stochastics value suggests MKOR may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for MKOR suggests low volalility. |
| Average Directional Index/ADX (14) | 33.26 | POSITIVE | The high ADX value value for MKOR suggests a strong trend. |
37.6003
-0.13 (-0.34%)
MATTHEWS KOREA ACTIVE ETF / MKOR FAQ
What is the technical rating for MKOR stock?
ChartMill assigns a technical rating of 10 / 10 to MKOR.
What is the trend direction for MKOR stock?
The current trend direction for MATTHEWS KOREA ACTIVE ETF (MKOR) is Bullish.
What is the RSI signal for MKOR stock?
MATTHEWS KOREA ACTIVE ETF (MKOR) has an RSI value of 69.9876. This indicates that the stock is currently neutral.
What is the MACD signal for MATTHEWS KOREA ACTIVE ETF (MKOR) stock?
The MACD indicator for MATTHEWS KOREA ACTIVE ETF (MKOR) has a value of 0.312007, indicating a bearish trend.
What is the support and resistance level for MKOR stock?
MATTHEWS KOREA ACTIVE ETF (MKOR) has a support level at 32.92. Check the full technical report for our detailed analysis of MKOR support and resistance levels.