EMB Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse EMB on September 21, 2023, netting in a 2.28% gain over 2 weeks

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EMB - iShares JP Morgan USD Em Mkts Bd ETF

Ticker: EMB

Company: iShares JP Morgan USD Em Mkts Bd ETF

Gain from shortening: +2.28%

Confirmed: 09/21/23

Succeeded: 09/26/23

Total length: 18 days

EMB in downward trend: 10-day moving average crossed below 50-day moving average on October 23, 2024

The 10-day moving average for EMB crossed bearishly below the 50-day moving average on October 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where EMB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EMB as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

EMB moved below its 50-day moving average on November 11, 2024 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 EMB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EMB broke above its upper Bollinger Band on November 07, 2024. 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.

The Aroon Indicator for EMB entered a downward trend on November 15, 2024. 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 EMB's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EMB just turned positive on November 20, 2024. Looking at past instances where EMB's MACD turned positive, the stock continued to rise in of 45 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 EMB advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .