EMLP First Trust North Amer Engy InfrasETF Forecast, Technical & Fundamental Analysis

EMLP in upward trend: price expected to rise as it breaks its lower Bollinger Band on March 04, 2025

EMLP 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 38 cases where EMLP'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 March 17, 2025. You may want to consider a long position or call options on EMLP as a result. In of 73 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 EMLP just turned positive on March 17, 2025. Looking at past instances where EMLP'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 .

EMLP moved above its 50-day moving average on March 14, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for EMLP crossed bullishly above the 50-day moving average on March 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 EMLP advanced for three days, in of 379 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 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 EMLP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .