RNEM Stock Tickeron detected bullish ETF Pattern: Three Rising Valleys on June 18, 2025

GET DAILY SIGNALS

Get AI intraday signals

RNEM - First Trust Emerging Markets Eq Sel ETF

Emerged: 06/18/25

Breakout: $55.36

Price: $54.89

Target price: $57.57

RNEM's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for RNEM turned positive on June 27, 2025. Looking at past instances where RNEM's MACD turned positive, the stock continued to rise in of 45 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 June 24, 2025. You may want to consider a long position or call options on RNEM as a result. In of 75 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 250 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 233 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.