DBEM Xtrackers MSCI Em Mkts Hdg Eq ETF Forecast, Technical & Fundamental Analysis
DBEM sees MACD Histogram crosses below signal line
DBEM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 19, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DBEM as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
DBEM moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for DBEM entered a downward trend on September 27, 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 DBEM's RSI Oscillator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBEM advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
DBEM 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)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category DiversifiedEmergingMkts
DBEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, DBEM has been closely correlated with SCHE. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if DBEM jumps, then SCHE could also see price increases.
| Ticker / NAME | Correlation To DBEM | 1D Price Change % | ||
|---|---|---|---|---|
| DBEM | 100% | -0.18% | ||
| SCHE - DBEM | 92% Closely correlated | +0.17% | ||
| EEM - DBEM | 92% Closely correlated | +0.26% | ||
| VWO - DBEM | 92% Closely correlated | +0.20% | ||
| SPEM - DBEM | 92% Closely correlated | +0.33% | ||
| IEMG - DBEM | 91% Closely correlated | +0.30% | ||
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