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's Stochastic Oscillator reaches overbought zone
The Stochastic Oscillator for EMDM moved into overbought territory on October 17, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EMDM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EMDM broke above its upper Bollinger Band on October 16, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 15, 2025. You may want to consider a long position or call options on EMDM as a result. In of 43 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EMDM just turned positive on October 17, 2025. Looking at past instances where EMDM's MACD turned positive, the stock continued to rise in of 28 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EMDM advanced for three days, in of 145 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 129 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% | -0.55% | ||
| EMXC - EMDM | 81% Closely correlated | +0.06% | ||
| NUEM - EMDM | 76% Closely correlated | -0.18% | ||
| SCHE - EMDM | 75% Closely correlated | -0.24% | ||
| AVEM - EMDM | -3% Poorly correlated | -0.26% | ||
| SPEM - EMDM | -4% Poorly correlated | -0.13% | ||
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