IEMG Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom IEMG on January 29, 2025, netting in a 5.34% gain over 3 weeks

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IEMG - iShares Core MSCI Emerging Markets ETF

Ticker: IEMG

Company: iShares Core MSCI Emerging Markets ETF

Gain: +5.34%

Confirmed: 01/29/25

Succeeded: 02/19/25

Total length: 23 days

IEMG's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for IEMG turned positive on January 17, 2025. Looking at past instances where IEMG's MACD turned positive, the stock continued to rise in of 44 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 17, 2025. You may want to consider a long position or call options on IEMG as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

IEMG moved above its 50-day moving average on February 04, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IEMG crossed bullishly above the 50-day moving average on January 31, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 IEMG advanced for three days, in of 317 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 253 cases where IEMG 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for IEMG moved below the 200-day moving average on January 27, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

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

IEMG broke above its upper Bollinger Band on February 10, 2025. 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.