AI Analysis AI Analysis of FEM
Powered by GPT-4o
Stock Analysis
Risk Assessment
Trading Strategy
PDF

First Trust Emerging Markets AlphaDEX ETF downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session
(Updated on Dec 12, 2024)

Buy or Hold candidate since Dec 03, 2024 Gain 1.76%

The First Trust Emerging Markets AlphaDEX ETF price fell by -0.91% on the last day (Thursday, 12th Dec 2024) from $23.29 to $23.08. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.91% from a day low at $23.06 to a day high of $23.27. The price has risen in 6 of the last 10 days and is up by 2.85% over the past 2 weeks. Volume has increased on the last day by 18 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, 48 thousand shares were bought and sold for approximately $1.11 million.

The ETF lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -3.59% during the next 3 months and, with a 90% probability hold a price between $21.02 and $22.95 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Investment opportunities can be found at any hour. So, react immediately to market-moving news and capture more market opportunities when convenient for you. You can trade over 10,000 US Stocks and ETFs, US Equity Index options, US Treasuries – and more - around the clock. Interactive Brokers’ dual market centers ensure reliable and dependable overnight trading on your timetable. (Member SIPC)

FEM Signals & Forecast

The First Trust Emerging Markets AlphaDEX 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 ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $23.15. On a fall, the ETF will find some support from the long-term average at approximately $22.72. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, December 09, 2024, and so far it has fallen -3.23%. Further fall is indicated until a new bottom pivot has been found. First Trust Emerging Markets AlphaDEX 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 for First Trust Emerging Markets AlphaDEX ETF

First Trust Emerging Markets AlphaDEX finds support from accumulated volume at $22.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.209 (0.91%) between high and low. For the last week, the ETF has had daily average volatility of 0.84%.

Our recommended stop-loss: $22.19 (-3.88%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (FEM) For The Upcoming Trading Day Of Friday 13th

For the upcoming trading day on Friday, 13th we expect First Trust Emerging Markets AlphaDEX Fund to open at $23.14, and during the day (based on 14 day Average True Range), to move between $22.76 and $23.40, which gives a possible trading interval of +/-$0.322 (+/-1.40%) up or down from last closing price. If First Trust Emerging Markets AlphaDEX Fund takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $23.17 (0.39%) than the support at $22.87 (0.91%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Trust Emerging Markets AlphaDEX Fund ETF A Buy?

First Trust Emerging Markets AlphaDEX holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.180 Hold/Accumulate Downgraded

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Predicted Fair Opening Price

Predicted fair opening price on December 13, 2024 - $23.14 ( 0.247%).

FEM Performance

Trading levels for FEM

Fibonacci Support & Resistance Levels

Level Price
R3 23.35 1.15%
R2 23.27 0.81%
R1 23.22 0.593%
Price 23.08
S1 23.06 -0.0990%
S2 23.01 -0.313%
S3 22.93 -0.659%

Accumulated Volume Support & Resistance Levels

Level Price
R3 24.21 4.90%
R2 23.30 0.95%
R1 23.17 0.390%
Price 23.08
S1 22.87 -0.91%
S2 22.51 -2.47%
S3 22.50 -2.51%

FEM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 20, 2024 Mar 21, 2024 Mar 28, 2024 $0.0949 0.415%
2 Dec 22, 2023 Dec 22, 2023 Dec 29, 2023 $0.0897 0.405%
3 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023 $0.461 2.21%
4 Jun 26, 2023 Jun 27, 2023 Jun 30, 2023 $0.505 2.38%
5 Mar 23, 2023 Mar 24, 2023 Mar 31, 2023 $0.0430 0.203%

FAQ

What is the symbol for First Trust Emerging Markets AlphaDEX Fund ETF and on which exchange is it traded?
The symbol for First Trust Emerging Markets AlphaDEX Fund is FEM and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell First Trust Emerging Markets AlphaDEX Fund ETF?
First Trust Emerging Markets AlphaDEX holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy First Trust Emerging Markets AlphaDEX Fund ETF?
First Trust Emerging Markets AlphaDEX Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Trust Emerging Markets AlphaDEX Fund ETF.

What's the current price of First Trust Emerging Markets AlphaDEX Fund ETF?
As of the end of day on the Dec 12, 2024, the price of an First Trust Emerging Markets AlphaDEX Fund (FEM) share was $23.08.

What is the 52-week high and low for First Trust Emerging Markets AlphaDEX Fund ETF?
The 52-week high for First Trust Emerging Markets AlphaDEX Fund ETF is $25.38 and the 52-week low is $20.94.

What is the market capitalization of First Trust Emerging Markets AlphaDEX Fund ETF?
As of the Dec 12, 2024, the market capitalization of First Trust Emerging Markets AlphaDEX Fund is 411.002M.
Click to get the best stock tips daily for free!
ABOUT FIRST TRUST EMERGING MARKETS ALPHADEX FUND
FEM was created on 04/18/11 by First Trust. The ETF tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers....
GOLDEN STAR
Ticker Change Signal Date
FCFS
$106.38
2.09% Dec 09
C
COMT
$25.98
1.35% Dec 09
I
IBTF
$23.31
0.0764% Dec 09
ACN
$358.29
0.536% Dec 05
V
VGSH
$58.28
0.0343% Dec 05

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE