EEMV iShares MSCI Emerg Mkts Min Vol Fctr ETF Forecast, Technical & Fundamental Analysis
EEMV in -1.11% downward trend, declining for three consecutive days on September 26, 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 EEMV declined for three days, in of 262 cases, the price declined further within the following month. The odds of a continued downward trend are .
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 EEMV as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for EEMV turned negative on September 21, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for EEMV entered a downward trend on September 18, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where EEMV's RSI Indicator exited the oversold zone, of 30 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 54 cases where EEMV'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 EEMV advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
EEMV 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)
Notable companies
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
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JANW | 28.75 | -0.18 | -0.62% |
| AllianzIM US Large Cap Buffer20 Jan ETF | |||
| JPEM | 50.16 | -0.52 | -1.03% |
| JPMorgan Diversified Return EMkts Eq ETF | |||
| SPPP | 10.69 | -0.12 | -1.11% |
| Sprott Physical Platinum and Palladium Trust | |||
| KNG | 49.48 | -0.68 | -1.36% |
| FT Cboe Vest S&P 500® Dv Ast Tgt Inc ETF | |||
| NBCT | 22.81 | -0.44 | -1.88% |
| Neuberger Berman Crbn Trnstn & Infrs ETF | |||
EEMV and
Correlation & Price change
A.I.dvisor indicates that over the last year, EEMV has been closely correlated with GEM. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if EEMV jumps, then GEM could also see price increases.
| Ticker / NAME | Correlation To EEMV | 1D Price Change % | ||
|---|---|---|---|---|
| EEMV | 100% | -0.78% | ||
| GEM - EEMV | 95% Closely correlated | -1.48% | ||
| DFAE - EEMV | 95% Closely correlated | -1.41% | ||
| AVEM - EEMV | 94% Closely correlated | -1.41% | ||
| ESGE - EEMV | 94% Closely correlated | -1.41% | ||
| GSEE - EEMV | 94% Closely correlated | -1.43% | ||
More | ||||