Technical Analysis for EMFM - Global X Next Emerging & Frontier ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Up | Flat | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Fell Below 20 DMA | Bearish | 0.00% | |
New Downtrend | Bearish | 0.00% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
Calm After Storm | Range Contraction | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Gapped Down | Weakness | 0.00% | |
50 DMA Support | Bullish | -0.36% | |
Crossed Above 20 DMA | Bullish | -0.36% | |
180 Bullish Setup | Bullish Swing Setup | -0.36% |
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Global X Next Emerging & Frontier ETF Description
In the past, emerging market investment has been dominated by exposure to the largest emerging economies: the BRICs (Brazil, Russia, India, and China). After a period of explosive growth, however, these countries are now experiencing slowing growth rates, aging populations, and increasing correlations to developed markets. This has driven investors to seek exposure to the next group of countries that are both primed for rapid economic expansion and can potentially provide diversification for their portfolios. The Global X Next Emerging & Frontier ETF offers broad exposure to these attractive economies by accessing the next emerging markets (ex-BRIC, South Korea, and Taiwan) and frontier markets. The new Global X fund will focus on countries such as Argentina, Laos, Papua New Guinea, Chile, Mexico, Bangladesh, Mongolia, Qatar, Colombia, Peru, Gabon, Namibia, Slovakia, Czech Republic, Philippines, Georgia, Nigeria, Tanzania, Egypt, Poland, Kazakhstan, Oman, United Arab Emirates, Hungary, South Africa, Kenya, Pakistan, Vietnam, Indonesia, Thailand, Kuwait, Panama, Malaysia, Turkey.
Classification
Keywords: Exchange Traded Fund ETF Emerging Market ETN Diversification Frontier Markets Explosives International Relations
Top 10 Components
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 19.1333 |
52 Week Low | 16.6732 |
Average Volume | 1,408 |
200-Day Moving Average | 18.25 |
50-Day Moving Average | 18.47 |
20-Day Moving Average | 18.52 |
10-Day Moving Average | 18.54 |
Average True Range | 0.05 |
RSI (14) | 47.92 |
ADX | 25.66 |
+DI | 14.69 |
-DI | 40.91 |
Chandelier Exit (Long, 3 ATRs) | 18.42 |
Chandelier Exit (Short, 3 ATRs) | 18.55 |
Upper Bollinger Bands | 18.59 |
Lower Bollinger Band | 18.45 |
Percent B (%b) | 0.32 |
BandWidth | 0.73 |
MACD Line | 0.02 |
MACD Signal Line | 0.02 |
MACD Histogram | -0.0041 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 18.57 | ||||
Resistance 3 (R3) | 18.57 | 18.56 | 18.55 | ||
Resistance 2 (R2) | 18.56 | 18.54 | 18.55 | 18.55 | |
Resistance 1 (R1) | 18.53 | 18.53 | 18.52 | 18.52 | 18.55 |
Pivot Point | 18.51 | 18.51 | 18.51 | 18.51 | 18.51 |
Support 1 (S1) | 18.48 | 18.49 | 18.47 | 18.47 | 18.44 |
Support 2 (S2) | 18.46 | 18.48 | 18.46 | 18.44 | |
Support 3 (S3) | 18.43 | 18.46 | 18.44 | ||
Support 4 (S4) | 18.42 |