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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Matthews International Funds Matthews Emerging Markets Equity Active ETF (PACF:MEM)
Bull Market Weakness (+75) - MEM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MEM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MEM
The long-term trend has been UP since Dec 1st, 2023 at 27.8506
The intermediate-term trend has been UP since May 2nd, 2024 at 29.7190
The short-term trend has been DOWN since May 8th, 2024 at 29.9600
Smart Scan Analysis for MEM
Based on our trend formula, MEM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.9500 | 30.1100 | 29.9500 | 30.1100 | -0.0899 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.1999 | 44218 | 2024-05-08 14:49:12 |
| 52wk High | 30.3586 | 52wk High Date | 2024-05-06 |
| 52wk Low | 24.01 | 52wk Low Date | 2023-10-23 |
| Average Volume | 10,023 |