UEVM VictoryShares Emerging Mkts Val MomtETF Forecast, Technical & Fundamental Analysis
UEVM in -0.69% downward trend, falling for three consecutive days on January 08, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where UEVM declined for three days, in of 265 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on UEVM as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
General Information
Category DiversifiedEmergingMkts
UEVM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UEVM has been closely correlated with SPEM. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if UEVM jumps, then SPEM could also see price increases.
| Ticker / NAME | Correlation To UEVM | 1D Price Change % | ||
|---|---|---|---|---|
| UEVM | 100% | -0.19% | ||
| SPEM - UEVM | 92% Closely correlated | +0.03% | ||
| SCHE - UEVM | 89% Closely correlated | +0.11% | ||
| VWO - UEVM | 87% Closely correlated | -0.09% | ||
| IEMG - UEVM | 86% Closely correlated | +0.02% | ||
| EEM - UEVM | 85% Closely correlated | +0.07% | ||
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