EMCR Xtrackers EM CarbReduc&ClimtImprvs ETF Forecast, Technical & Fundamental Analysis
EMCR in +1.14% Uptrend, growing for three consecutive days on January 06, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where EMCR advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EMCR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EMCR entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category DiversifiedEmergingMkts
EMCR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EMCR has been closely correlated with SPEM. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMCR jumps, then SPEM could also see price increases.
| Ticker / NAME | Correlation To EMCR | 1D Price Change % | ||
|---|---|---|---|---|
| EMCR | 100% | +0.64% | ||
| SPEM - EMCR | 96% Closely correlated | +0.87% | ||
| EEMV - EMCR | 93% Closely correlated | +0.43% | ||
| EMXC - EMCR | 80% Closely correlated | +0.29% | ||
| NUEM - EMCR | 79% Closely correlated | +1.29% | ||
| IEMG - EMCR | 13% Poorly correlated | +0.77% | ||
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