RSI low/high Values: [ 25 - 75 ]
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AI Analysis of ESGE
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ISHARES MSCI EM ETF upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Loss -0.52% PDF

The ISHARES MSCI EM ETF price gained 0.0932% on the last trading day (Wednesday, 27th Mar 2024), rising from $32.19 to $32.22. During the last trading day the ETF fluctuated 0.436% from a day low at $32.08 to a day high of $32.22. The price has been going up and down for this period, and there has been a -0.83% 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, 104 thousand more shares were traded than the day before. In total, 777 thousand shares were bought and sold for approximately $25.05 million.

The ETF lies in the middle of a 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 4.90% during the next 3 months and, with a 90% probability hold a price between $32.75 and $34.48 at the end of this 3-month period.

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ESGE Signals & Forecast

The ISHARES MSCI EM 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 stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $32.23. On a fall, the ETF will find some support from the long-term average at approximately $31.93. 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. Volume is rising along with the price. This is considered to be a good technical signal. 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 Tuesday, March 12, 2024, and so far it has fallen -1.14%. 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 ISHARES MSCI EM ETF

ISHARES MSCI EM finds support from accumulated volume at $31.88 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 $0.140 between high and low, or 0.436%. For the last week the ETF has had daily average volatility of 0.473%.

Our recommended stop-loss: $30.87 (-4.20%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect ISHARES MSCI EM ESG OPTIMIZED ETF to open at $32.17, and during the day (based on 14 day Average True Range), to move between $31.95 and $32.49, which gives a possible trading interval of +/-$0.265 (+/-0.82%) up or down from last closing price. If ISHARES MSCI EM ESG OPTIMIZED ETF takes out the full calculated possible swing range there will be an estimated 1.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $32.38 (0.50%) than the support at $31.88 (1.06%), 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 ISHARES MSCI EM ESG OPTIMIZED ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ISHARES MSCI EM ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.680 Buy Candidate Upgraded

Predicted Opening Price for ISHARES MSCI EM ESG OPTIMIZED ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$32.17 ( 0.145%) $32.22

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

Trading levels for ESGE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 32.31 0.290 %
R2 32.26 0.124 %
R1 32.23 0.0211 %
Current price: 32.22
Support S1 32.12 -0.311 %
S2 32.09 -0.413 %
S3 32.03 -0.579 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.59 1.15 %
R2 32.49 0.84 %
R1 32.38 0.497 %
Current price 32.22
Support S1 31.88 -1.06%
S2 31.41 -2.51%
S3 30.92 -4.03%

ESGE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Dec 20, 2023 Dec 27, 2023 $0.454 1.43%
2 Jun 06, 2023 Jun 07, 2023 Jun 13, 2023 $0.227 0.702%
3 Dec 12, 2022 Dec 13, 2022 Dec 19, 2022 $0.531 1.77%
4 Jun 08, 2022 Jun 09, 2022 Jun 15, 2022 $0.276 0.84%
5 Dec 10, 2021 Dec 13, 2021 Dec 17, 2021 $0.83 2.13%

FAQ

What is the symbol for ISHARES MSCI EM ETF and on which exchange is it traded?
The symbol for ISHARES MSCI EM is ESGE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ISHARES MSCI EM ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ISHARES MSCI EM ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy ISHARES MSCI EM ETF?
ISHARES MSCI EM ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ISHARES MSCI EM ETF.

What's the current price of ISHARES MSCI EM ETF?
As of the end of day on the 2024-03-27, the price of an ISHARES MSCI EM (ESGE) share was $32.22.

What is the 52-week high and low for ISHARES MSCI EM ETF?
The 52-week high for ISHARES MSCI EM ETF is $33.67 and the 52-week low is $29.12.

What is the market capitalization of ISHARES MSCI EM ETF?
As of the 2024-03-27, the market capitalization of ISHARES MSCI EM is 4.03B.
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