EMBD Stock Global X Emerging Markets Bond ETF (EMBD, $23.3) RSI Indicator left the overbought zone on September 11, 2024

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EMBD - Global X Emerging Markets Bond ETF

RSI signal

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Odds of DOWN Trend

Price: $23.3

Daily change: +$0.07 (+0.3%)

Daily volume: 8.9K

Net Assets: $175.7M

EMBD in downward trend: 10-day moving average broke below 50-day moving average on October 24, 2024

The 10-day moving average for EMBD crossed bearishly below the 50-day moving average on October 24, 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 48 cases where EMBD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

EMBD moved below its 50-day moving average on November 12, 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 EMBD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EMBD 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 EMBD entered a downward trend on November 14, 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 Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on EMBD as a result. In of 79 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 EMBD just turned positive on November 07, 2024. Looking at past instances where EMBD's MACD turned positive, the stock continued to rise in of 42 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 EMBD advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .