On December 19, 2024, the Stochastic Oscillator for EMCB moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 45 instances where the indicator left the oversold zone. In of the 45 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EMCB advanced for three days, in of 284 cases, the price rose further within the following month. The odds of a continued upward trend are .
EMCB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 296 cases where EMCB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EMCB as a result. In of 102 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 EMCB turned negative on December 18, 2024. 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
EMCB moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for EMCB crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EMCB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category EmergingMarketsBond
A.I.dvisor indicates that over the last year, EMCB has been closely correlated with HYEM. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMCB jumps, then HYEM could also see price increases.
Ticker / NAME | Correlation To EMCB | 1D Price Change % | ||
---|---|---|---|---|
EMCB | 100% | +0.02% | ||
HYEM - EMCB | 75% Closely correlated | +0.46% | ||
VWOB - EMCB | 49% Loosely correlated | +0.62% | ||
PCY - EMCB | 49% Loosely correlated | +0.70% | ||
EMB - EMCB | 49% Loosely correlated | +0.70% | ||
EMHY - EMCB | 44% Loosely correlated | +0.69% | ||
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