RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FEMB
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Red day on Thursday for FIRST TRUST EMERGING ETF after losing 0.389%
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -0.53% PDF

The FIRST TRUST EMERGING ETF price fell by -0.389% on the last day (Thursday, 28th Mar 2024) from $28.28 to $28.17. During the last trading day the ETF fluctuated 1.39% from a day low at $28.06 to a day high of $28.45. The price has fallen in 7 of the last 10 days and is down by -1.35% for this period. Volume has increased on the last day by 7 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, 20 thousand shares were bought and sold for approximately $564.36 thousand.

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 FIRST TRUST EMERGING ETF with a 90% probability to be traded between $27.41 and $28.17 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. 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.

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FEMB Signals & Forecast

There are few to no technical positive signals at the moment. The FIRST TRUST EMERGING ETF 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 $28.28 and $28.42. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 08, 2024, and so far it has fallen -2.83%. 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). FIRST TRUST EMERGING 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".

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, February 08, 2024 and based on theory for this formation the price should fall by -1.29% to $27.81 within 5 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for FIRST TRUST EMERGING ETF

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

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 $0.390 between high and low, or 1.39%. For the last week the ETF has had daily average volatility of 0.94%.

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

Trading Expectations (FEMB) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF to open at $28.23, and during the day (based on 14 day Average True Range), to move between $27.50 and $28.84, which gives a possible trading interval of +/-$0.668 (+/-2.37%) up or down from last closing price. If FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF takes out the full calculated possible swing range there will be an estimated 4.74% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $28.51, some $0.340 (1.21%) from the current price of $28.17, our system finds the risk reward not very attractive.

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

FIRST TRUST EMERGING holds several negative signals and is within a narrow 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 ETF.

Current score: -1.047 Sell Candidate Unchanged

Predicted Opening Price for FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$28.23 ( 0.201%) $28.17

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

Trading levels for FEMB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.62 1.59 %
R2 28.47 1.06 %
R1 28.38 0.730 %
Current price: 28.17
Support S1 28.08 -0.328 %
S2 27.99 -0.654 %
S3 27.84 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 29.13 3.41 %
R2 28.85 2.40 %
R1 28.51 1.21 %
Current price 28.17
Support S1 0 .
S2 0 .
S3 0 .

FEMB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 28, 2024 $0.133 0.472%
2 Feb 20, 2024 Feb 21, 2024 Feb 29, 2024 $0.133 0.467%
3 Jan 22, 2024 Jan 23, 2024 Jan 31, 2024 $0.125 0.436%
4 Dec 21, 2023 Dec 22, 2023 Dec 29, 2023 $0.125 0.429%
5 Nov 20, 2023 Nov 21, 2023 Nov 30, 2023 $0.125 0.442%

FAQ

What is the symbol for FIRST TRUST EMERGING ETF and on which exchange is it traded?
The symbol for FIRST TRUST EMERGING is FEMB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FIRST TRUST EMERGING ETF?
FIRST TRUST EMERGING holds several negative signals and is within a narrow 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 ETF.

How to buy FIRST TRUST EMERGING ETF?
FIRST TRUST EMERGING 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 ETF.

What's the current price of FIRST TRUST EMERGING ETF?
As of the end of day on the 2024-03-28, the price of an FIRST TRUST EMERGING (FEMB) share was $28.17.

What is the 52-week high and low for FIRST TRUST EMERGING ETF?
The 52-week high for FIRST TRUST EMERGING ETF is $30.11 and the 52-week low is $25.91.

What is the market capitalization of FIRST TRUST EMERGING ETF?
As of the 2024-03-28, the market capitalization of FIRST TRUST EMERGING is 156.986M.
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