FRDM Freedom 100 Emerging Markets ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for FRDM turns positive, indicating new upward trend
FRDM saw its Momentum Indicator move above the 0 level on February 10, 2025. 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 65 similar instances where the indicator turned positive. In of the 65 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
FRDM moved above its 50-day moving average on January 17, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FRDM crossed bullishly above the 50-day moving average on January 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 FRDM advanced for three days, in of 339 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 255 cases where FRDM 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 demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRDM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FRDM broke above its upper Bollinger Band on January 22, 2025. 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.
General Information
Category DiversifiedEmergingMkts
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SFNNX | 11.07 | -0.09 | -0.81% |
| Schwab Fundamental Intl Equity Index Fd | |||
| HSUTX | 67.14 | -1.25 | -1.83% |
| Rational Dynamic Brands Instl | |||
| ARSMX | 9.55 | -0.19 | -1.95% |
| AMG River Road Small-Mid Cap Value N | |||
| RNGGX | 63.84 | -1.36 | -2.09% |
| American Funds New Economy R6 | |||
| IRMCX | 11.40 | -0.25 | -2.15% |
| Voya Russell Mid Cap Index Port S | |||
FRDM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FRDM has been closely correlated with EMXC. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRDM jumps, then EMXC could also see price increases.
| Ticker / NAME | Correlation To FRDM | 1D Price Change % | ||
|---|---|---|---|---|
| FRDM | 100% | -0.94% | ||
| EMXC - FRDM | 89% Closely correlated | -1.15% | ||
| IEMG - FRDM | 86% Closely correlated | -0.36% | ||
| EEM - FRDM | 86% Closely correlated | -0.29% | ||
| SPEM - FRDM | 83% Closely correlated | -0.17% | ||
| VWO - FRDM | 82% Closely correlated | -0.13% | ||
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