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Weaker Hold
Today FEMB ranks #11214 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$31.32 (0.45%)

Volume: 44k

Closed: Dec 08, 2021

Hollow Logo Score: -1.953

FIRST TRUST EMERGING ETF Forecast

$31.32 (0.45%)

Volume: 44k

Closed: Dec 08, 2021

Score Hollow Logo -1.953
Which way will FEMB go? Request

FEMB ETF Risk

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 $0.94 between high and low, or 3.01%. For the last week the ETF has had a daily average volatility of 1.16%.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

* 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 37 and the ETF is currently not being overbought or oversold

Weaker technical forecast for FIRST TRUST EMERGING as ETF downgraded to Sell Candidate.
(Updated on Dec 08, 2021)


Sell candidate since 2021-12-08

The FIRST TRUST EMERGING ETF price gained 0.45% on the last trading day (Wednesday, 8th Dec 2021), rising from $31.18 to $31.32. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the ETF fluctuated 3.01% from a day low at $31.21 to a day high of $32.15. The price has been going up and down for this period, and there has been a 1.05% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 44 thousand shares were bought and sold for approximately $1.38 million.

The ETF lies the upper part of a narrow and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $31.52 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -8.16% during the next 3 months and, with a 90% probability hold a price between $27.97 and $28.95 at the end of this 3-month period. Do note, that if the stock 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.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, November 29, 2021, and so far it has risen 1.77%. Further rise is indicated until a new top pivot has been found. FIRST TRUST EMERGING has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The FIRST TRUST EMERGING ETF holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term moving average at $31.72. On a fall, the ETF will find some support from the short-term average at $31.04. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

FIRST TRUST EMERGING finds support from accumulated volume at $31.18 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 $0.94 between high and low, or 3.01%. For the last week the ETF has had a daily average volatility of 1.16%.

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

Is FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF ETF A Buy?

FIRST TRUST EMERGING holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.953

Predicted Opening Price for FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF of Thursday, December 9, 2021

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

Fair opening price December 9, 2021 Current price
$31.56 $31.32 (Undervalued)
Sell Candidate Downgraded

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Volatility and Risk
Daily Average Volatility: 1.16 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.16 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $32.28
Price: $31.32
Support: $31.18

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 32.50 3.77 %
32.14 2.63 %
31.92 1.92 %
Current price: 31.32
Support 31.20 -0.37 %
30.98 -1.08 %
30.62 -2.22 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 33.31 6.37 %
32.46 3.66 %
32.28 3.08 %
Current price 31.32
Support 31.18 -0.44%
31.04 -0.88%
30.89 -1.36%

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