OAEM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 20, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 19 instances where the indicator turned negative. In of the 19 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OAEM as a result. In of 34 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OAEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where OAEM's RSI Oscillator exited the oversold zone, of 11 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
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 OAEM advanced for three days, in of 150 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 124 cases where OAEM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Category DiversifiedEmergingMkts
A.I.dvisor indicates that over the last year, OAEM has been closely correlated with EMXC. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if OAEM jumps, then EMXC could also see price increases.
Ticker / NAME | Correlation To OAEM | 1D Price Change % | ||
---|---|---|---|---|
OAEM | 100% | +0.16% | ||
EMXC - OAEM | 76% Closely correlated | +0.27% | ||
EEM - OAEM | 76% Closely correlated | +0.40% | ||
IEMG - OAEM | 76% Closely correlated | +0.32% | ||
NUEM - OAEM | 74% Closely correlated | -0.03% | ||
SPEM - OAEM | 73% Closely correlated | +0.41% | ||
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