AFK VanEck Africa ETF Forecast, Technical & Fundamental Analysis
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index... Show more
AFK in +0.63% Uptrend, rising for three consecutive days on May 28, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AFK advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 220 cases where AFK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for AFK moved out of overbought territory on June 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where AFK's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for AFK turned negative on June 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AFK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AFK broke above its upper Bollinger Band on June 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Miscellaneous
AFK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AFK has been closely correlated with BBCA. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if AFK jumps, then BBCA could also see price increases.