ISHARES J.P. MORGAN USD EMERGING MARKETS ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for ISHARES J.P. MORGAN USD EMERGING MARKETS ETF price after Thursday trading.
(Updated on Jun 27, 2024)
The ISHARES J.P. MORGAN USD EMERGING MARKETS ETF price gained 0.0898% on the last trading day (Thursday, 27th Jun 2024), rising from $89.11 to $89.19. During the last trading day the ETF fluctuated 0.297% from a day low at $89.10 to a day high of $89.37. The price has been going up and down for this period, and there has been a 0.04% gain for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 3 million shares were bought and sold for approximately $266.55 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ISHARES J.P. MORGAN USD EMERGING MARKETS ETF with a 90% probability to be traded between $88.58 and $91.47 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
EMB Signals & Forecast
Mostly positive signals in the chart today. The ISHARES J.P. MORGAN USD EMERGING MARKETS ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $89.34. On a fall, the ETF will find some support from the long-term average at approximately $89.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.25%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for ISHARES J.P. MORGAN USD EMERGING MARKETS ETF
ISHARES J.P. MORGAN USD EMERGING MARKETS finds support from accumulated volume at $89.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.265 between high and low, or 0.297%. For the last week the ETF has had daily average volatility of 0.264%.
Our recommended stop-loss: $84.49 (-5.28%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (EMB) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF to open at $89.22, and during the day (based on 14 day Average True Range), to move between $88.76 and $89.62, which gives a possible trading interval of +/-$0.427 (+/-0.48%) up or down from last closing price. If ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF takes out the full calculated possible swing range there will be an estimated 0.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $89.15 (0.04%) than the resistance at $89.28 (0.10%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for ISHARES J.P. MORGAN USD EMERGING MARKETS ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.541 Buy Candidate Upgraded
Predicted Opening Price for ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
$89.22 ( 0.0318%) | $89.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EMB
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 89.48 | 0.329% |
R2 | 89.38 | 0.215% |
R1 | 89.32 | 0.145% |
Price | 89.19 | |
S1 | 89.12 | -0.0817% |
S2 | 89.05 | -0.152% |
S3 | 88.95 | -0.265% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 89.88 | 0.774% |
R2 | 89.39 | 0.224% |
R1 | 89.28 | 0.101% |
Price | 89.19 | |
S1 | 89.15 | -0.0448% |
S2 | 88.46 | -0.82% |
S3 | 87.15 | -2.29% |
EMB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 30, 2024 | May 01, 2024 | May 07, 2024 | $0.361 | 0.406% |
2 | Mar 28, 2024 | Apr 01, 2024 | Apr 05, 2024 | $0.366 | 0.410% |
3 | Feb 29, 2024 | Mar 01, 2024 | Mar 07, 2024 | $0.386 | 0.433% |
4 | Jan 31, 2024 | Feb 01, 2024 | Feb 07, 2024 | $0.367 | 0.419% |
5 | Nov 30, 2023 | Dec 14, 2023 | Dec 07, 2023 | $0.364 | 0.418% |
FAQ
Click here for our free guide on how to buy ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF ETF.