EMLC Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom EMLC on February 04, 2025, netting in a 4.04% gain over 2 months

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EMLC - VanEck JPMorgan EMLcl Ccy Bd ETF

Ticker: EMLC

Company: VanEck JPMorgan EMLcl Ccy Bd ETF

Gain: +4.04%

Confirmed: 02/04/25

Succeeded: 04/21/25

Total length: 83 days

EMLC in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 04, 2025

EMLC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where EMLC's price broke its lower Bollinger Band, its price rose further in 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 April 11, 2025. You may want to consider a long position or call options on EMLC as a result. In of 88 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 EMLC just turned positive on April 14, 2025. Looking at past instances where EMLC's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

EMLC moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for EMLC crossed bullishly above the 50-day moving average on April 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 EMLC advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EMLC 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 EMLC entered a downward trend on April 15, 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.