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

HYEM's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for HYEM turned positive on January 06, 2025. Looking at past instances where HYEM's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on HYEM as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

HYEM moved above its 50-day moving average on December 24, 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 283 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 .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HYEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .