EMXF Stock iShares ESG Advanced MSCI EM ETF (EMXF, $39.47) price exceeded its 50-day Moving Average on November 11, 2024
at Tickeron.com
EMXF's Indicator enters downward trend
The Aroon Indicator for EMXF entered a downward trend on November 18, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 139 similar instances where the Aroon Indicator formed such a pattern. In of the 139 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 08, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EMXF as a result. In of 70 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
EMXF moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for EMXF crossed bearishly below the 50-day moving average on November 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 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 .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 49 cases where EMXF's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 233 cases, the price rose further within the following month. The odds of a continued upward trend are .
EMXF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category DiversifiedEmergingMkts