FEEM FlexShares ESG & Clmt Em Mkts Cr Forecast, Technical & Fundamental Analysis
FEEM in upward trend: 10-day moving average moved above 50-day moving average on November 13, 2023
The 10-day moving average for FEEM 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 5 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
FEEM moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FEEM advanced for three days, in of 90 cases, the price rose further within the following month. The odds of a continued upward trend are .
FEEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 46 cases where FEEM 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 FEEM moved out of overbought territory on November 21, 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 8 similar instances where the indicator moved out of overbought territory. In of the 8 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 04, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FEEM as a result. In of 26 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 FEEM turned negative on December 01, 2023. 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 14 similar instances when the indicator turned negative. In of the 14 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FEEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category DiversifiedEmergingMkts
FEEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, FEEM has been closely correlated with EEM. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if FEEM jumps, then EEM could also see price increases.
| Ticker / NAME | Correlation To FEEM | 1D Price Change % | ||
|---|---|---|---|---|
| FEEM | 100% | -0.38% | ||
| EEM - FEEM | 99% Closely correlated | -0.43% | ||
| IEMG - FEEM | 99% Closely correlated | -0.36% | ||
| SCHE - FEEM | 98% Closely correlated | -0.51% | ||
| SPEM - FEEM | 98% Closely correlated | -0.46% | ||
| VWO - FEEM | 98% Closely correlated | -0.49% | ||
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