DMXF iShares ESG Advanced MSCI EAFE ETF Forecast, Technical & Fundamental Analysis
DMXF in upward trend: 10-day moving average crossed above 50-day moving average on November 13, 2023
The 10-day moving average for DMXF crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 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 DMXF as a result. In of 57 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
DMXF moved above its 50-day moving average on November 03, 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 DMXF advanced for three days, in of 217 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 207 cases where DMXF 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 10-day RSI Indicator for DMXF moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 46 cases where DMXF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DMXF turned negative on December 06, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 32 similar instances when the indicator turned negative. In of the 32 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DMXF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DMXF broke above its upper Bollinger Band on November 03, 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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High and low price notable news
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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 ForeignLargeBlend
DMXF and
Correlation & Price change
A.I.dvisor indicates that over the last year, DMXF has been closely correlated with IEFA. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if DMXF jumps, then IEFA could also see price increases.
| Ticker / NAME | Correlation To DMXF | 1D Price Change % | ||
|---|---|---|---|---|
| DMXF | 100% | +0.39% | ||
| IEFA - DMXF | 97% Closely correlated | +0.31% | ||
| EFA - DMXF | 97% Closely correlated | +0.30% | ||
| VEA - DMXF | 97% Closely correlated | +0.20% | ||
| VEU - DMXF | 95% Closely correlated | +0.17% | ||
| VXUS - DMXF | 95% Closely correlated | +0.11% |