RNEM First Trust Emerging Markets Eq Sel ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Emerging Markets TM Index... Show more
RNEM in upward trend: price rose above 50-day moving average on September 10, 2025
RNEM moved above its 50-day moving average on September 10, 2025 date and that indicates a change from a downward trend to an upward trend. In of 43 similar past instances, the stock price increased further within 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 September 10, 2025. You may want to consider a long position or call options on RNEM as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for RNEM just turned positive on September 09, 2025. Looking at past instances where RNEM'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RNEM advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
RNEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 244 cases where RNEM 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 may be shifting from an upward trend to a downward trend. In of 60 cases where RNEM's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 RNEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Advertisement
General Information
Category DiversifiedEmergingMkts
RNEM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RNEM has been closely correlated with VWO. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if RNEM jumps, then VWO could also see price increases.
| Ticker / NAME | Correlation To RNEM | 1D Price Change % | ||
|---|---|---|---|---|
| RNEM | 100% | +0.55% | ||
| VWO - RNEM | 83% Closely correlated | +0.67% | ||
| IEMG - RNEM | 82% Closely correlated | +0.69% | ||
| EEM - RNEM | 82% Closely correlated | +0.73% | ||
| EEMV - RNEM | 80% Closely correlated | +0.41% | ||
| EMXC - RNEM | 80% Closely correlated | +0.62% | ||
More | ||||