Technical Analysis for EMFM - Global X Next Emerging & Frontier ETF

Grade Last Price % Change Price Change
D 19.34 -0.57% -0.11
EMFM closed down 0.33 percent on Wednesday, February 24, 2021, on 1.77 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical EMFM trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -0.57%
20 DMA Support Bullish -0.57%
Bullish Engulfing Bullish -0.89%
Crossed Above 20 DMA Bullish -0.89%
Crossed Above 50 DMA Bullish -0.89%
Expansion Pivot Buy Setup Bullish Swing Setup -0.89%
Fell Below 20 DMA Bearish 0.26%
Fell Below 50 DMA Bearish 0.26%
MACD Bearish Signal Line Cross Bearish 0.26%
Gapped Down Weakness 0.26%
Older End-of-Day Signals for EMFM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
20 DMA Support about 22 hours ago
50 DMA Resistance about 22 hours ago
Down 1% about 22 hours ago
Fell Below 50 DMA about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
View Earlier Intraday Alerts

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Profile

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 ETN Emerging Market Diversification Economies Explosive Frontier Markets International Relations

Top 10 Components

Symbol Grade Price % Change Allocation
BAP C -0.34 0.94
BCH A -1.89 0.42
HMY F -3.17 0.36
View All EMFM Holdings

Is EMFM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.91
52 Week Low 13.0122
Average Volume 2,470
200-Day Moving Average 17.59
50-Day Moving Average 19.45
20-Day Moving Average 19.37
10-Day Moving Average 19.53
Average True Range 0.20
ADX 14.04
+DI 30.81
-DI 29.07
Chandelier Exit (Long, 3 ATRs ) 19.18
Chandelier Exit (Short, 3 ATRs ) 19.34
Upper Bollinger Band 19.89
Lower Bollinger Band 18.85
Percent B (%b) 0.58
BandWidth 5.41
MACD Line 0.04
MACD Signal Line 0.05
MACD Histogram -0.0078
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.75
Resistance 3 (R3) 19.72 19.60 19.70
Resistance 2 (R2) 19.60 19.52 19.61 19.68
Resistance 1 (R1) 19.52 19.47 19.56 19.55 19.67
Pivot Point 19.40 19.40 19.42 19.41 19.40
Support 1 (S1) 19.32 19.32 19.36 19.35 19.23
Support 2 (S2) 19.20 19.27 19.21 19.22
Support 3 (S3) 19.12 19.20 19.20
Support 4 (S4) 19.15