GSEE Goldman Sachs MarketBeta Emer Mkt Eq ETF Forecast, Technical & Fundamental Analysis
GSEE in downward trend: 10-day moving average broke below 50-day moving average on November 12, 2024
The 10-day moving average for GSEE crossed bearishly below the 50-day moving average on November 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where GSEE'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 GSEE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GSEE broke above its upper Bollinger Band on December 11, 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.
The Aroon Indicator for GSEE entered a downward trend on November 18, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 02, 2024. You may want to consider a long position or call options on GSEE as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GSEE just turned positive on December 03, 2024. Looking at past instances where GSEE's MACD turned positive, the stock continued to rise in of 42 cases 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 GSEE advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category DiversifiedEmergingMkts
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FCGIX | 19.95 | -0.07 | -0.35% |
| NYLI PineStone Global Equity Class I | |||
| JATNX | 64.61 | -0.26 | -0.40% |
| Janus Henderson Glb Tech and Innovt N | |||
| BRIUX | 17.17 | -0.07 | -0.40% |
| Baron Real Estate Income R6 | |||
| PLJMX | 55.42 | -0.31 | -0.56% |
| Putnam Research R6 | |||
| PMDAX | 19.15 | -0.24 | -1.24% |
| Principal Small-MidCap Dividend Inc A | |||
GSEE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GSEE has been closely correlated with IEMG. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if GSEE jumps, then IEMG could also see price increases.
| Ticker / NAME | Correlation To GSEE | 1D Price Change % | ||
|---|---|---|---|---|
| GSEE | 100% | N/A | ||
| IEMG - GSEE | 99% Closely correlated | -0.37% | ||
| SCHE - GSEE | 98% Closely correlated | -0.15% | ||
| VWO - GSEE | 98% Closely correlated | -0.24% | ||
| SPEM - GSEE | 98% Closely correlated | -0.23% | ||
| EEMV - GSEE | 94% Closely correlated | -0.66% | ||
More | ||||