DFEV Dimensional Emerging Markets Value ETF Forecast, Technical & Fundamental Analysis
DFEV in upward trend: 10-day moving average crossed above 50-day moving average on November 15, 2023
The 10-day moving average for DFEV crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on DFEV as a result. In of 28 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DFEV just turned positive on November 02, 2023. Looking at past instances where DFEV's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .
DFEV moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DFEV advanced for three days, in of 93 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 67 cases where DFEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DFEV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DFEV broke above its upper Bollinger Band on November 06, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
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Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category DiversifiedEmergingMkts
DFEV and
Correlation & Price change
A.I.dvisor indicates that over the last year, DFEV has been closely correlated with IEMG. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if DFEV jumps, then IEMG could also see price increases.
| Ticker / NAME | Correlation To DFEV | 1D Price Change % | ||
|---|---|---|---|---|
| DFEV | 100% | -0.94% | ||
| IEMG - DFEV | 93% Closely correlated | -1.12% | ||
| EEM - DFEV | 92% Closely correlated | -1.18% | ||
| SPEM - DFEV | 91% Closely correlated | -0.86% | ||
| VWO - DFEV | 91% Closely correlated | -0.88% | ||
| SCHE - DFEV | 91% Closely correlated | -1.07% | ||
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