HYEM VanEck EM High Yield Bond ETF Forecast, Technical & Fundamental Analysis

HYEM in -0.25% downward trend, falling for three consecutive days on December 13, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HYEM declined for three days, in of 220 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

HYEM broke above its upper Bollinger Band on December 17, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 29, 2024. You may want to consider a long position or call options on HYEM as a result. In of 66 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 HYEM just turned positive on November 29, 2024. Looking at past instances where HYEM'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 .

HYEM moved above its 50-day moving average on November 25, 2024 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 HYEM advanced for three days, in of 285 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 411 cases where HYEM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .