SDEM Stock Global X MSCI SuperDividend® Em Mkts ETF (SDEM, $24.16) entered Uptrend as Momentum indicator ascends above 0 level on Jan 03, 2025

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SDEM - Global X MSCI SuperDividend® Em Mkts ETF

Momentum signal

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Odds of UP Trend

Price: $24.16

Daily change: +$0.11 (+0.44%)

Daily volume: 1K

Net Assets: $33.6M

SDEM in upward trend: 10-day moving average broke above 50-day moving average on January 23, 2025

The 10-day moving average for SDEM crossed bullishly above the 50-day moving average on January 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 15, 2025. You may want to consider a long position or call options on SDEM as a result. In of 88 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 SDEM just turned positive on January 16, 2025. Looking at past instances where SDEM's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

SDEM moved above its 50-day moving average on January 17, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SDEM advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrates 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.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SDEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SDEM broke above its upper Bollinger Band on January 21, 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.

The Aroon Indicator for SDEM entered a downward trend on January 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.