Technical Analysis for EMM - Global X Emerging Markets ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Cup with Handle | Other | 0.00% | |
Bollinger Band Squeeze | Range Contraction | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Cup with Handle | Other | 0.39% | |
Bollinger Band Squeeze | Range Contraction | 0.39% | |
Gapped Up | Strength | 0.39% | |
Cup with Handle | Other | 0.62% | |
Bollinger Band Squeeze | Range Contraction | 0.62% | |
Calm After Storm | Range Contraction | 0.62% |
Alert | Time |
---|---|
Possible Inside Day | about 8 hours ago |
Rose Above Previous Day's High | 3 days ago |
Rose Above Lower Bollinger Band | 3 days ago |
60 Minute Opening Range Breakout | 5 days ago |
Possible Pocket Pivot | 5 days ago |
Free Daily (Stock) Chart Reading
Global X Emerging Markets ETF Description
EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.
Classification
Keywords: Exchange Traded Funds
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 29.94 |
52 Week Low | 23.3304 |
Average Volume | 4,458 |
200-Day Moving Average | 27.51 |
50-Day Moving Average | 28.18 |
20-Day Moving Average | 28.26 |
10-Day Moving Average | 28.02 |
Average True Range | 0.30 |
RSI (14) | 42.53 |
ADX | 21.41 |
+DI | 22.71 |
-DI | 41.51 |
Chandelier Exit (Long, 3 ATRs) | 28.07 |
Chandelier Exit (Short, 3 ATRs) | 27.99 |
Upper Bollinger Bands | 28.86 |
Lower Bollinger Band | 27.66 |
Percent B (%b) | 0.16 |
BandWidth | 4.25 |
MACD Line | -0.12 |
MACD Signal Line | -0.04 |
MACD Histogram | -0.0801 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 28.07 | ||||
Resistance 3 (R3) | 28.07 | 28.00 | 28.03 | ||
Resistance 2 (R2) | 28.00 | 27.95 | 28.00 | 28.02 | |
Resistance 1 (R1) | 27.93 | 27.91 | 27.96 | 27.93 | 28.01 |
Pivot Point | 27.86 | 27.86 | 27.88 | 27.86 | 27.86 |
Support 1 (S1) | 27.79 | 27.81 | 27.82 | 27.79 | 27.70 |
Support 2 (S2) | 27.72 | 27.77 | 27.72 | 27.69 | |
Support 3 (S3) | 27.65 | 27.72 | 27.68 | ||
Support 4 (S4) | 27.65 |