FM Stock iShares Frontier and Select EM ETF (FM, $27.68) entered Uptrend as Momentum indicator ascends above 0 level on Nov 13, 2024

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FM - iShares Frontier and Select EM ETF

Momentum signal

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Odds of UP Trend

Price: $27.68

Daily change: +$0.14 (+0.51%)

Daily volume: 24K

Net Assets: $202M

Momentum Indicator for FM turns positive, indicating new upward trend

FM saw its Momentum Indicator move above the 0 level on November 13, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 75 similar instances where the indicator turned positive. In of the 75 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FM just turned positive on November 13, 2024. Looking at past instances where FM's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

FM moved above its 50-day moving average on October 21, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FM crossed bullishly above the 50-day moving average on October 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 FM advanced for three days, in of 328 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 369 cases where FM 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where FM'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 FM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FM broke above its upper Bollinger Band on November 08, 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.