EMDM First Trust Bloomberg Emr Mkt Dem ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Bloomberg Emerging Market Democracies Index... Show more
EMDM in -3.65% downward trend, sliding for three consecutive days on January 30, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EMDM declined for three days, in of 129 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EMDM moved out of overbought territory on January 30, 2026. 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 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
EMDM broke above its upper Bollinger Band on January 27, 2026. 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.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EMDM advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 163 cases where EMDM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category DiversifiedEmergingMkts
EMDM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EMDM has been closely correlated with EMXC. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMDM jumps, then EMXC could also see price increases.
| Ticker / NAME | Correlation To EMDM | 1D Price Change % | ||
|---|---|---|---|---|
| EMDM | 100% | +1.87% | ||
| EMXC - EMDM | 81% Closely correlated | +1.11% | ||
| NUEM - EMDM | 76% Closely correlated | +0.40% | ||
| SCHE - EMDM | 75% Closely correlated | +0.06% | ||
| IEMG - EMDM | -4% Poorly correlated | +0.44% | ||
| EEM - EMDM | -4% Poorly correlated | +0.54% | ||
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