GEMD Goldman Sachs Access Emrg Mkts USD BdETF Forecast, Technical & Fundamental Analysis
GEMD sees its Stochastic Oscillator recovers from oversold territory
On January 03, 2025, the Stochastic Oscillator for GEMD moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 34 instances where the indicator left the oversold zone. In of the 34 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GEMD advanced for three days, in of 193 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GEMD as a result. In of 45 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
General Information
Category EmergingMarketsBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| IBNYX | 24.35 | 0.12 | +0.50% |
| Macquarie Balanced Fund Class Y | |||
| ITHAX | 43.99 | 0.20 | +0.46% |
| Hartford Capital Appreciation A | |||
| AZMAX | 15.78 | -0.06 | -0.38% |
| Virtus NFJ Emerging Markets Value A | |||
| OFAFX | 27.82 | -0.11 | -0.39% |
| Olstein All Cap Value Adv | |||
| IRGSX | 10.04 | -0.14 | -1.38% |
| VY® CBRE Global Real Estate S2 | |||
GEMD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GEMD has been closely correlated with EMB. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if GEMD jumps, then EMB could also see price increases.
| Ticker / NAME | Correlation To GEMD | 1D Price Change % | ||
|---|---|---|---|---|
| GEMD | 100% | -0.09% | ||
| EMB - GEMD | 89% Closely correlated | -0.28% | ||
| VWOB - GEMD | 89% Closely correlated | -0.23% | ||
| PCY - GEMD | 88% Closely correlated | -0.15% | ||
| EMHY - GEMD | 83% Closely correlated | -0.26% | ||
| CEMB - GEMD | 81% Closely correlated | -0.16% | ||
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