Technical Analysis for EMC - Global X Emerging Markets Great Consumer ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Flat | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
50 DMA Support | Bullish | 0.00% | |
MACD Bullish Signal Line Cross | Bullish | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Up 3 Days in a Row | Strength | 0.00% | |
Up 4 Days in a Row | Strength | 0.00% | |
Up 5 Days in a Row | Strength | 0.00% | |
Crossed Above 20 DMA | Bullish | 0.35% | |
Crossed Above 50 DMA | Bullish | 0.35% | |
NR7 | Range Contraction | 0.35% | |
Narrow Range Bar | Range Contraction | 0.35% |
Alert | Time |
---|---|
60 Minute Opening Range Breakout | about 20 hours ago |
Rose Above Previous Day's High | about 23 hours ago |
1.5x Volume Pace | about 23 hours ago |
Possible NR7 | 4 days ago |
60 Minute Opening Range Breakdown | 4 days ago |
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Global X Emerging Markets Great Consumer ETF Description
EMC seeks long-term capital growth through a consumer-focused investment strategy. The fund invests in companies of all sizes that are expected to benefit from both direct and indirect economic effects of increasing consumption activities and purchasing power of emerging market consumers. The adviser believes that emerging markets will experience rapid growth driven by key trends such as population growth, industrialization, wealth accumulation, increasing consumption among youths, and the pursuit of a higher quality of life. Eligible firms must be listed, organized under the laws of, derive at least 50% of their revenue from, or have at least 50% of their assets in emerging markets. Such companies may be of various sectors and from at least three different countries. The portfolio is constructed using a bottom-up approach, subject to a risk management framework. On May 15, 2023, EMC converted from a mutual fund to an actively managed ETF, with $471 million in assets.
Classification
Keywords: Financial Market Investment Strategy Emerging Market Economic Geography
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 26.66 |
52 Week Low | 22.8253 |
Average Volume | 24,317 |
200-Day Moving Average | 24.81 |
50-Day Moving Average | 25.86 |
20-Day Moving Average | 25.83 |
10-Day Moving Average | 25.43 |
Average True Range | 0.24 |
RSI (14) | 54.95 |
ADX | 17.69 |
+DI | 34.46 |
-DI | 31.97 |
Chandelier Exit (Long, 3 ATRs) | 25.94 |
Chandelier Exit (Short, 3 ATRs) | 25.68 |
Upper Bollinger Bands | 26.85 |
Lower Bollinger Band | 24.81 |
Percent B (%b) | 0.56 |
BandWidth | 7.88 |
MACD Line | -0.07 |
MACD Signal Line | -0.09 |
MACD Histogram | 0.0199 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 26.12 | ||||
Resistance 3 (R3) | 26.11 | 26.03 | 26.09 | ||
Resistance 2 (R2) | 26.03 | 25.99 | 26.04 | 26.08 | |
Resistance 1 (R1) | 25.99 | 25.96 | 26.01 | 26.01 | 26.07 |
Pivot Point | 25.92 | 25.92 | 25.93 | 25.93 | 25.92 |
Support 1 (S1) | 25.88 | 25.88 | 25.90 | 25.89 | 25.83 |
Support 2 (S2) | 25.81 | 25.85 | 25.82 | 25.82 | |
Support 3 (S3) | 25.77 | 25.81 | 25.81 | ||
Support 4 (S4) | 25.78 |