ELD WisdomTree Emerging Markets Lcl Dbt ETF Forecast, Technical & Fundamental Analysis
The investment seeks a high level of total return consisting of both income and capital appreciation... Show more
ELD in upward trend: price rose above 50-day moving average on April 30, 2025
ELD moved above its 50-day moving average on April 30, 2025 date and that indicates a change from a downward trend to an upward trend. In of 47 similar past instances, the stock price increased further within 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 May 19, 2025. You may want to consider a long position or call options on ELD as a result. In of 102 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 ELD just turned positive on June 02, 2025. Looking at past instances where ELD's MACD turned positive, the stock continued to rise in of 46 cases over the following month. 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 ELD advanced for three days, in of 283 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 206 cases where ELD 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ELD broke above its upper Bollinger Band on May 21, 2025. 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.
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General Information
Category EmergingMarketsBond
ELD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ELD has been loosely correlated with EMLC. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if ELD jumps, then EMLC could also see price increases.
| Ticker / NAME | Correlation To ELD | 1D Price Change % | ||
|---|---|---|---|---|
| ELD | 100% | -0.51% | ||
| EMLC - ELD | 54% Loosely correlated | +0.12% | ||
| EBND - ELD | 53% Loosely correlated | +0.05% | ||
| LEMB - ELD | 50% Loosely correlated | -0.03% | ||
| FEMB - ELD | 42% Loosely correlated | N/A | ||
| CBON - ELD | 29% Poorly correlated | +0.13% | ||
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