First Trust Emerging Markets Small Cap ETF Forecast

$38.78
+0.340 (+0.88%)
At Close: Mar 27, 2024
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.
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First Trust Emerging Markets Small Cap ETF price up 0.88% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 01, 2024 Loss -0.89% PDF

The First Trust Emerging Markets Small Cap ETF price gained 0.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $38.44 to $38.78. During the last trading day the ETF fluctuated 0.88% from a day low at $38.46 to a day high of $38.80. The price has risen in 6 of the last 10 days but is still down by -1.02% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 30 thousand shares were bought and sold for approximately $1.15 million.

The ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 4.76% during the next 3 months and, with a 90% probability hold a price between $40.21 and $42.11 at the end of this 3-month period.

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FEMS Signals & Forecast

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 ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $39.00 and $38.84. 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 22, 2024, and so far it has fallen -1.76%. 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).

Support, Risk & Stop-loss for First Trust Emerging Markets Small Cap ETF

First Trust Emerging Markets Small Cap finds support from accumulated volume at $38.77 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 $0.340 between high and low, or 0.88%. For the last week the ETF has had daily average volatility of 0.86%.

Our recommended stop-loss: $37.16 (-4.18%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 24 days ago.)

Trading Expectations (FEMS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect First Trust Emerging Markets Small Cap AlphaDEX Fund to open at $38.68, and during the day (based on 14 day Average True Range), to move between $38.36 and $39.20, which gives a possible trading interval of +/-$0.423 (+/-1.09%) up or down from last closing price. If First Trust Emerging Markets Small Cap AlphaDEX Fund takes out the full calculated possible swing range there will be an estimated 2.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $38.77 (0.03%) than the resistance at $38.95 (0.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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

First Trust Emerging Markets Small Cap holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.638 Hold/Accumulate Unchanged

Predicted Opening Price for First Trust Emerging Markets Small Cap AlphaDEX Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$38.68 ( 0.258%) $38.78

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

Trading levels for FEMS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 39.02 0.619 %
R2 38.89 0.284 %
R1 38.81 0.0769 %
Current price: 38.78
Support S1 38.55 -0.593 %
S2 38.47 -0.800 %
S3 38.34 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 39.07 0.748 %
R2 38.97 0.490 %
R1 38.95 0.438 %
Current price 38.78
Support S1 38.77 -0.0258%
S2 38.37 -1.06%
S3 37.67 -2.86%

FEMS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 20, 2024 Mar 21, 2024 Mar 28, 2024 $0.168 0.434%
2 Dec 22, 2023 Dec 22, 2023 Dec 29, 2023 $0.370 0.96%
3 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023 $0.652 1.70%
4 Jun 26, 2023 Jun 27, 2023 Jun 30, 2023 $0.665 1.83%
5 Mar 23, 2023 Mar 24, 2023 Mar 31, 2023 $0.100 0.269%

FAQ

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

Should I buy or sell First Trust Emerging Markets Small Cap AlphaDEX Fund ETF?
First Trust Emerging Markets Small Cap holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy First Trust Emerging Markets Small Cap AlphaDEX Fund ETF?
First Trust Emerging Markets Small Cap 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 Small Cap AlphaDEX Fund ETF.

What's the current price of First Trust Emerging Markets Small Cap AlphaDEX Fund ETF?
As of the end of day on the 2024-03-27, the price of an First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) share was $38.78.

What is the 52-week high and low for First Trust Emerging Markets Small Cap AlphaDEX Fund ETF?
The 52-week high for First Trust Emerging Markets Small Cap AlphaDEX Fund ETF is $39.70 and the 52-week low is $35.03.

What is the market capitalization of First Trust Emerging Markets Small Cap AlphaDEX Fund ETF?
As of the 2024-03-27, the market capitalization of First Trust Emerging Markets Small Cap AlphaDEX Fund is 331.749M.
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About First Trust Emerging Markets Small Cap AlphaDEX Fund

FEMS was created on 02/15/12 by First Trust. The ETF aims to outperform other index funds by selecting small-cap emerging markets securities using quantitative metrics.... FEMS Profile

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