HYEM VanEck EM High Yield Bond ETF Forecast, Technical & Fundamental Analysis
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index... Show more
HYEM in -0.09% downward trend, declining for three consecutive days on April 01, 2025
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 212 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HYEM as a result. In of 69 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
HYEM moved below its 50-day moving average on March 31, 2025 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HYEM advanced for three days, in of 286 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 432 cases where HYEM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category EmergingMarketsBond
HYEM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYEM has been closely correlated with VWOB. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYEM jumps, then VWOB could also see price increases.
| Ticker / NAME | Correlation To HYEM | 1D Price Change % | ||
|---|---|---|---|---|
| HYEM | 100% | -0.04% | ||
| VWOB - HYEM | 76% Closely correlated | +0.32% | ||
| EMB - HYEM | 75% Closely correlated | +0.32% | ||
| PCY - HYEM | 70% Closely correlated | +0.40% | ||
| CEMB - HYEM | 69% Closely correlated | +0.06% | ||
| EDD - HYEM | 62% Loosely correlated | +1.28% | ||
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