14-day Premium Trial Subscription Sign Up For FreeGet Free

Weaker Hold
Today FEMS ranks #6239 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

First Trust Emerging Markets Small Cap Fund Forecast NYSEARCA:FEMS

$40.11 (0.51%)

Volume: 22k

Closed: Dec 03, 2021

Hollow Logo Score: -0.852

First Trust Emerging Markets Small Cap Fund Forecast

$40.11 (0.51%)

Volume: 22k

Closed: Dec 03, 2021

Score Hollow Logo -0.852
Which way will FEMS go? Request

FEMS Fund Risk

This fund is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the fund moved $0.44 (1.09%) between high and low. For the last week, the fund has had a daily average volatility of 1.42%.

Our recommended stop-loss: $37.75 (-5.89%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

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 25 and the fund is currently not being overbought or oversold

First Trust Emerging Markets Small Cap fund upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Dec 03, 2021)


Hold candidate since 2021-12-03

The First Trust Emerging Markets Small Cap fund price gained 0.51% on the last trading day (Friday, 3rd Dec 2021), rising from $39.91 to $40.11. , and has now gained 4 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 fund fluctuated 1.09% from a day low at $39.87 to a day high of $40.31. The price has been going up and down for this period, and there has been a -1.63% loss 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, 18 thousand more shares were traded than the day before. In total, 22 thousand shares were bought and sold for approximately $900.74 thousand.

The fund 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 fund is expected to fall -9.73% during the next 3 months and, with a 90% probability hold a price between $35.17 and $37.31 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 Friday, November 26, 2021, and so far it has risen 2.02%. Further rise is indicated until a new top pivot has been found. First Trust Emerging Markets Small Cap 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 Markets Small Cap fund 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 fund giving a more negative forecast for the stock. On further gains, the fund will meet resistance from the long-term moving average at $41.24. On a fall, the fund will find some support from the short-term average at $39.81. 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 Markets Small Cap finds support from accumulated volume at $39.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This fund is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the fund moved $0.44 (1.09%) between high and low. For the last week, the fund has had a daily average volatility of 1.42%.

Our recommended stop-loss: $37.75 (-5.89%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

Is First Trust Emerging Markets Small Cap AlphaDEX Fund fund A Buy?

First Trust Emerging Markets Small Cap 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. We have upgraded our analysis conclusion for this fund since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.852

Predicted Opening Price for First Trust Emerging Markets Small Cap AlphaDEX 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
$40.10 $40.11 (Overvalued)
Hold/Accumulate Upgraded

Remember To Visit Our YouTube Channel

Volatility and Risk
Daily Average Volatility: 1.42 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.42 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $41.71
Price: $40.11
Support: $39.65

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 40.53 1.05 %
40.37 0.63 %
40.26 0.37 %
Current price: 40.11
Support 39.93 -0.46 %
39.83 -0.71 %
39.66 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 43.35 8.07 %
42.40 5.70 %
41.71 3.97 %
Current price 40.11
Support 39.65 -1.14%
39.57 -1.35%
39.32 -1.98%

Click to get the best stock tips daily for free!

About First Trust Emerging Markets Small Cap AlphaDEX Fund

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ AlphaDEX(R) Emerging Markets Small Cap Index. The fund will normally invest at least 90% of its net assets in common stocks and/or depositary receipts that comprise the index. The index is designed to select small cap stocks from the NASDAQ Emerging Markets Index (the "base index"... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

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

Full report by FINDEXABLE

ROCKIT