ESGE Stock iShares ESG Aware MSCI EM ETF (ESGE, $33.58) entered Downtrend as Momentum indicator drops below 0 level on Jan 07, 2025

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ESGE - iShares ESG Aware MSCI EM ETF

Momentum signal

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Odds of DOWN Trend

Price: $33.58

Daily change: -$0.26 (-0.77%)

Daily volume: 381.1K

Net Assets: $4.3B

Momentum Indicator for ESGE turns negative, indicating new downward trend

ESGE saw its Momentum Indicator move below the 0 level on January 07, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned negative. In of the 86 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ESGE 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 ESGE 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.

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 56 cases where ESGE'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 ESGE advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .