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FDEM
ETF ticker: BATS
AS OF
Dec 20, 04:59 PM (EDT)
Price
$25.68
Change
-$0.29 (-1.12%)
Net Assets
111.21M

FDEM stock forecast, quote, news & analysis

FDEM
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for FDEM with price predictions
Dec 20, 2024

FDEM's Stochastic Oscillator is remaining in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The 10-day moving average for FDEM crossed bullishly above the 50-day moving average on December 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 FDEM advanced for three days, in of 319 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 239 cases where FDEM 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 FDEM moved out of overbought territory on December 10, 2024. 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FDEM as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FDEM turned negative on December 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

FDEM moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FDEM broke above its upper Bollinger Band on December 06, 2024. 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Yum China Holdings (NYSE:YUMC), Vipshop Holdings Limited (NYSE:VIPS).

Industry description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Emerging Markets Multifactor Index. The fund normally invests at least 80% of its assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market.

Market Cap

The average market capitalization across the Fidelity Emerging Markets Mltfct ETF ETF is 25.41B. The market cap for tickers in the group ranges from 260.03M to 138.29B. PDD holds the highest valuation in this group at 138.29B. The lowest valued company is ADRO at 260.03M.

High and low price notable news

The average weekly price growth across all stocks in the Fidelity Emerging Markets Mltfct ETF ETF was -1%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 2%. VIPS experienced the highest price growth at -0%, while ATHM experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Fidelity Emerging Markets Mltfct ETF ETF was 19%. For the same stocks of the ETF, the average monthly volume growth was 3% and the average quarterly volume growth was -17%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 41
P/E Growth Rating: 64
Price Growth Rating: 53
SMR Rating: 47
Profit Risk Rating: 80
Seasonality Score: 28 (-100 ... +100)
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FDEM
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com