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BLDRS Emerging Markets 50 ADR Index Fund Fund Forecast NASDAQ:ADRE

$45.48 (-3.85%)

Volume: 18k

Closed: Dec 03, 2021

Hollow Logo Score: -5.161

BLDRS Emerging Markets 50 ADR Index Fund Fund Forecast

$45.48 (-3.85%)

Volume: 18k

Closed: Dec 03, 2021

Score Hollow Logo -5.161
Which way will ADRE go? Request
Key Stats
Beta 1.02
Trailing Dividend Rate 1.47% ($0.67)
Next Dividend Date Dec 20, 2021
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 13 and the fund is extremely oversold on RSI14, but some funds may continue to fall despite the high chance of a correction up. The low RSI lowers the general risk and the fund should be considered if other technical requirements like liquidity and risk-reward are meet.

BLDRS Emerging Markets 50 ADR Index Fund fund downgraded to Strong Sell Candidate
(Updated on Dec 03, 2021)


Sell candidate since 2021-11-17 Loss -9.74%

The BLDRS Emerging Markets 50 ADR Index Fund fund price fell by -3.85% on the last day (Friday, 3rd Dec 2021) from $47.30 to $45.48. During the day the fund fluctuated 3.24% from a day low at $45.33 to a day high of $46.80. The price has been going up and down for this period, and there has been a -7.75% loss for the last 2 weeks. Volume has increased on the last day by 5 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 18 thousand shares were bought and sold for approximately $807.73 thousand.

The fund has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($45.53) are considered to be a "second chance" to get out. According to the fan-theory $40.06 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

There are few to no technical positive signals at the moment. The BLDRS Emerging Markets 50 ADR Index Fund fund holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $47.22 and $49.81. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, October 20, 2021, and so far it has fallen -12.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). BLDRS Emerging Markets 50 ADR Index Fund gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the fund may perform very badly in the next couple of days.

This fund has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the fund moved $1.47 between high and low, or 3.24%. For the last week, the fund has had a daily average volatility of 2.20%.

BLDRS Emerging Markets 50 ADR Index Fund is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is BLDRS Emerging Markets 50 ADR Index Fund fund A Buy?

BLDRS Emerging Markets 50 ADR Index Fund holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this fund. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this fund since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.161

Predicted Opening Price for BLDRS Emerging Markets 50 ADR Index Fund of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$45.87 $45.48 (Undervalued)
Strong Sell Candidate Downgraded

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Volatility and Risk
Daily Average Volatility: 2.20 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.20 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $47.59
Price: $45.48
No Support Found

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 47.34 4.09 %
46.78 2.86 %
46.43 2.09 %
Current price: 45.48
Support 45.31 -0.38 %
44.96 -1.14 %
44.40 -2.37 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 49.39 8.60 %
48.87 7.45 %
47.59 4.64 %
Current price 45.48
Support 0 .
0 .
0 .

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About BLDRS Emerging Markets 50 ADR Index Fund

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of the Bank of New York Emerging Markets 50 ADR Index. The fund typically invests substantially all of its assets in the securities that make up the index.The index is intended to give investors a benchmark for tracking the price and yield performance of Emerging Markets Depositary Receipts. the fund is non-... Read more

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