SPDR MSCI EM FSL FL RSV FREE (EEMX) Stock Technical Analysis
NYSEARCA:EEMX - NYSE Arca - US78470E2054 - ETF - Currency: USD
Overall EEMX gets a technical rating of 7 out of 10. In the past year, EEMX was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: EEMX has an average volume of 6876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, EEMX did better than 78% of all other stocks. We also observe that the gains produced by EEMX over the past year are nicely spread over this period.
In the last month EEMX has a been trading in the 32.95 - 35.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EEMX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, EEMX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.02, a Stop Loss order could be placed below this zone.
More info and screens
31.11
35.68
We found 2 important support areas.
- A support zone ranging from 33.19 to 34.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.42 to 32.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 34.39 to 34.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @35.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.02
Mansfield0.13
10 Day High34.71
10 Day Low32.95
20 Day High35.03
20 Day Low32.95
52 Week High36.56
52 Week Low30.13
Performance
1 Week2.98%
2 Weeks-1.02%
1 Month2.75%
3 Month1.64%
6 Month7.24%
12 Month10.19%
2 Year13.97%
3 Year0.25%
5 Year34.45%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)56.93
LBB33.07
UBB35.12
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.56 | 32.94 | 1.62 (4.69%) | 21.33% |
| An entry @34.56. This is a Buy Stop order right above the resistance zone. | An exit @32.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.62 points, which is 4.69%. | When investing 21.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EEMX (3/7/2025, 8:21:08 PM)
34.3128
+0.15 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week2.98%
2 Weeks-1.02%
1 Month2.75%
3 Month1.64%
6 Month7.24%
12 Month10.19%
2 Year13.97%
3 Year0.25%
5 Year34.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.3%
ATR Inc-36.48%
Range Today0.29
ADR(20)0.31
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.02
Mansfield0.13
10 Day High34.71
10 Day Low32.95
20 Day High35.03
20 Day Low32.95
52 Week High36.56
52 Week Low30.13
CS1 End34.02
CR1 Start34.39
Volume & EV
DER(3)1.66%
DER(5)0.19%
Volume3.90K
Volume Incr-5.81%
Vol(5)6.08K
Vol(50)6.88K