(MCH) Matthews China Active - Ratings and Ratios

The Matthews China Active ETF (MCH) is an actively managed exchange-traded fund that focuses on investing in Chinese companies with strong growth potential. The funds investment strategy involves allocating at least 80% of its net assets to common and preferred stocks of companies located in China, including its administrative regions such as Hong Kong and Macau.

The funds manager seeks to identify companies capable of sustainable growth by analyzing their fundamental characteristics. This approach involves evaluating various factors such as a companys financial health, management team, industry trends, and competitive advantages to determine its potential for long-term growth.

With a relatively small asset base of $20.53 million, MCH offers a niche investment opportunity for investors seeking exposure to the Chinese market. The funds active management style allows the manager to adapt to changing market conditions and capitalize on emerging trends.

From a technical analysis perspective, MCHs price action suggests a bullish trend. The funds current price of $23.74 is above its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $23.39 and $23.46, respectively, indicating a short-term uptrend. Additionally, the funds price is significantly above its 200-day simple moving average (SMA200) of $22.50, suggesting a longer-term bullish trend.

Using the available technical and fundamental data, a forecast for MCH can be made. Given the funds bullish trend and the Chinese markets growth potential, it is likely that MCH will continue to appreciate in value. A potential price target could be $26.50, representing a 12% increase from the current price. However, investors should be cautious of potential volatility, as indicated by the funds average true range (ATR) of 1.54%. A stop-loss level could be set at $22.50, slightly above the SMA200, to limit potential losses.