MATTHEWS KOREA ACTIVE ETF (MKOR) Stock Technical Analysis
NYSEARCA:MKOR - NYSE Arca - US5771257848 - ETF - Currency: USD
Taking everything into account, MKOR 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, MKOR is only an average performer.
Warning: MKOR has an average volume of 2770 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MKOR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MKOR is lagging the market slightly.
In the last month MKOR has a been trading in the 22.95 - 26.14 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MKOR is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although MKOR 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
20.67
27.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.72 to 22.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.76 to 26.76. 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 | 72.11 | POSITIVE | MKOR has a high relative strength, it outperformed 72.11% 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) | 79.62 | OVERBOUGHT | The high RSI value suggests MKOR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MKOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.93 | OVERBOUGHT | The high Stochastics value suggests MKOR may be overbought. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for MKOR suggests low volalility. |
| Average Directional Index/ADX (14) | 45.19 | POSITIVE | The high ADX value value for MKOR suggests a strong 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:MKOR (6/11/2025, 8:04:02 PM)
26.0342
+0.18 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week3.79%
2 Weeks8.8%
1 Month13.88%
3 Month18.9%
6 Month13.24%
12 Month2.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.15%
ATR Inc-17.7%
Range Today0.06
ADR(20)0.13
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.11
Mansfield0.43
10 Day High26.14
10 Day Low23.78
20 Day High26.14
20 Day Low22.95
52 Week High26.82
52 Week Low19.85
CS1 End22.81
CR1 Start26.76
Volume & EV
DER(3)1.33%
DER(5)0.8%
Volume900
Volume Incr-6.91%
Vol(5)3.10K
Vol(50)2.77K