EMXF iShares ESG Advanced MSCI EM ETF Forecast, Technical & Fundamental Analysis
EMXF's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for EMXF turned positive on November 01, 2023. Looking at past instances where EMXF's MACD turned positive, the stock continued to rise in of 33 cases over 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 November 02, 2023. You may want to consider a long position or call options on EMXF as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
EMXF moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EMXF crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 EMXF advanced for three days, in of 179 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 111 cases where EMXF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for EMXF moved out of overbought territory on November 16, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 14 similar instances where the indicator moved out of overbought territory. In of the 14 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 39 cases where EMXF's Stochastic Oscillator exited the overbought zone, the price fell further within 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 EMXF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EMXF broke above its upper Bollinger Band on November 03, 2023. 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.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category DiversifiedEmergingMkts
EMXF and
Correlation & Price change
A.I.dvisor indicates that over the last year, EMXF has been closely correlated with SCHE. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMXF jumps, then SCHE could also see price increases.
| Ticker / NAME | Correlation To EMXF | 1D Price Change % | ||
|---|---|---|---|---|
| EMXF | 100% | +0.20% | ||
| SCHE - EMXF | 76% Closely correlated | +0.81% | ||
| EEM - EMXF | 76% Closely correlated | +0.84% | ||
| IEMG - EMXF | 76% Closely correlated | +0.85% | ||
| SPEM - EMXF | 76% Closely correlated | +0.87% | ||
| VWO - EMXF | 76% Closely correlated | +0.82% | ||
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