Stock Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB)
Bear Market Rally (-75) - CEMB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CEMB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CEMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CEMB
The long-term trend has been DOWN since May 26th, 2023 at 42.72
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 42.86
The short-term trend has been UP since Sep 27th, 2023 at 42.59
Smart Scan Analysis for CEMB
Based on our trend formula, CEMB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||51.7788||Year High Date||2018-02-05|
|Year Low||45.81||Year Low Date||2018-10-10|
|52wk High||44.62||52wk High Date||2023-02-02|
|52wk Low||39.92||52wk Low Date||2022-11-03|
|Year End Close||53.65||Average Volume||23,532|