AEF Price Prediction, abrdn Emerging Markets Equity Income Fund AI Recommendations

AEF in -1.54% downward trend, declining for three consecutive days on March 13, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AEF declined for three days, in 232 of 263 cases, the price declined further within the following month. The odds of a continued downward trend are 88%.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AEF as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

AEF moved below its 50-day moving average on February 22, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for AEF crossed bearishly below the 50-day moving average on February 28, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for AEF entered a downward trend on March 23, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AEF's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where AEF's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AEF advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

AEF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)