Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)
Bull Market Weakness (+75) - RFEM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RFEM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RFEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RFEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RFEM
The long-term trend has been UP since Nov 28th, 2023 at 56.7199
The intermediate-term trend has been UP since Nov 6th, 2023 at 53.8480
The short-term trend has been UP since Oct 27th, 2023 at 52.2300
Smart Scan Analysis for RFEM
Based on our trend formula, RFEM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||79.04||Year High Date||2018-01-26|
|Year Low||54.05||Year Low Date||2018-10-29|
|52wk High||57.28||52wk High Date||2023-06-15|
|52wk Low||50.37||52wk Low Date||2022-12-28|
|Average Volume||2,466||Shares Outstanding||100|