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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ASHMORE EMERGING MARKETS EQUITY FUND - CLASS A (NASDAQ:EMEAX)

Bull Market Weakness (+75) - EMEAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EMEAX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EMEAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for EMEAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_EMEAX
Open High Low EMEAX Price Change
10.73 10.73 10.73 10.83 -0.12
Entry Signal

MarketClub’s Trade Triangles for EMEAX

long term up The long-term trend has been UP since Dec 14th, 2023 at 10.29

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2024 at 10.17

short term up The short-term trend has been UP since Jan 19th, 2024 at 10.07

Smart Scan Analysis for EMEAX

Based on our trend formula, EMEAX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EMEAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.73 10.73 10.73 10.83 -0.12
Prev. Close Volume Bid Ask Time
10.84 0 10.61 11.20 2024-03-15 20:00:00
52wk High11.4852wk High Date2024-03-21
52wk Low9.2252wk Low Date2023-10-26
Year End Close10.48Payment Date2023-03-24
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