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SPEM Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending SPEM on May 12, 2025, netting in a 11.49% gain over 3 months

A.I.dvisor
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+11.49% Gain from a Successful pattern Broadening Wedge Descending
SPEM - SPDR® Portfolio Emerging Markets ETF
Tickeron
Ticker: SPEM
Company: SPDR® Portfolio Emerging Markets ETF
Gain: +11.49%
Confirmed: 05/12/25
Succeeded: 05/12/25
Total length: 119 days
On January 13, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bullish) for SPDR® Portfolio Emerging Markets ETF (SPEM, $37.07). On May 12, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $41.43. On May 12, 2025, SPEM reached the target price resulting in a +1 for traders who took a long position in the stock.

Aroon Indicator for SPEM shows an upward move is likely

SPEM's Aroon Indicator triggered a bullish signal on May 13, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 252 similar instances where the Aroon Indicator showed a similar pattern. In of the 252 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on SPEM as a result. In of 85 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 SPEM just turned positive on April 17, 2025. Looking at past instances where SPEM's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

SPEM moved above its 50-day moving average on April 24, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SPEM crossed bullishly above the 50-day moving average on May 02, 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPEM advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

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

SPEM broke above its upper Bollinger Band on May 02, 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

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
SPDR Index Shares FundsOne Lincoln Street,Cph0326Boston
Phone
N/A
Web
www.spdrs.com