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's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for RNEM turned positive on November 26, 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where RNEM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 12, 2025. You may want to consider a long position or call options on RNEM as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 .
The Aroon Indicator entered an Uptrend today. In of 219 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 10-day RSI Indicator for RNEM moved out of overbought territory on November 13, 2025. 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 .
RNEM broke above its upper Bollinger Band on November 12, 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.
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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 EEMV. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if RNEM jumps, then EEMV could also see price increases.
| Ticker / NAME | Correlation To RNEM | 1D Price Change % | ||
|---|---|---|---|---|
| RNEM | 100% | -0.45% | ||
| EEMV - RNEM | 80% Closely correlated | +0.03% | ||
| EMXC - RNEM | 80% Closely correlated | +0.06% | ||
| SCHE - RNEM | 78% Closely correlated | +0.39% | ||
| NUEM - RNEM | 70% Closely correlated | -0.30% | ||
| AVEM - RNEM | -1% Poorly correlated | +0.35% | ||
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