MFEM PIMCO RAFI Dyn Mlt-Fctr Emrg Mkts Eq ETF Forecast, Technical & Fundamental Analysis
MFEM sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for MFEM moved below the 200-day moving average on October 31, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for MFEM moved out of overbought territory on November 21, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 56 cases where MFEM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on December 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on MFEM as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MFEM turned negative on December 05, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MFEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MFEM broke above its upper Bollinger Band on November 06, 2023. 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
MFEM moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MFEM crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 MFEM advanced for three days, in of 329 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 238 cases where MFEM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category DiversifiedEmergingMkts
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| OAKEX | 18.63 | 0.01 | +0.05% |
| Oakmark International Small Cap Investor | |||
| IYIGX | 30.92 | N/A | N/A |
| Delaware Ivy Global Growth Fund Class R | |||
| HCAFX | 37.86 | -0.13 | -0.34% |
| Hartford Capital Appreciation F | |||
| HEQFX | 5.57 | -0.05 | -0.89% |
| Monteagle Opportunity Equity Inv | |||
| MMSIX | 10.28 | -0.15 | -1.44% |
| Praxis Small Cap Index I | |||
MFEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, MFEM has been closely correlated with IEMG. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if MFEM jumps, then IEMG could also see price increases.
| Ticker / NAME | Correlation To MFEM | 1D Price Change % | ||
|---|---|---|---|---|
| MFEM | 100% | -0.64% | ||
| IEMG - MFEM | 88% Closely correlated | -0.43% | ||
| SPEM - MFEM | 88% Closely correlated | -0.37% | ||
| EEM - MFEM | 88% Closely correlated | -0.61% | ||
| EMXC - MFEM | 88% Closely correlated | -0.19% | ||
| VWO - MFEM | 87% Closely correlated | -0.35% | ||
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