EEM Stock Summary and Trading Ideas (iShares MSCI Emerging Markets ETF | ARCA:EEM)

The iShares MSCI Emerging Markets Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in emerging markets as represented by the MSCI Emerging Markets Index.

iShares MSCI Emerging Markets ETF trades on the ARCA stock market under the symbol EEM.

As of November 15, 2024, EEM stock price was flat at $42.95 with 21,860,715 million shares trading.

EEM has a beta of 0.78, meaning it tends to be less sensitive to market movements. EEM has a correlation of 0.40 to the broad based SPY ETF.

EEM has a market cap of $17.49 billion. This is considered a Large Cap stock.

In the last 3 years, EEM traded as high as $52.01 and as low as $33.49.

EEM has underperformed the market in the last year with a price return of +10.8% while the SPY ETF gained +31.8%. EEM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.1% and -3.5%, respectively, while the SPY returned +6.2% and +2.6%, respectively.

EEM support price is $42.49 and resistance is $43.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EEM shares will trade within this expected range on the day.