EMAK SPA (EM.MI) Stock Technical Analysis
BIT:EM - Euronext Milan - IT0001237053 - Common Stock - Currency: EUR
Overall EM gets a technical rating of 2 out of 10. EM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.86
We found 1 important support area.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.94 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EM.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EM.MI is down. |
| ChartMill Relative Strength | 28.12 | NEGATIVE | EM.MI has a low relative strength, it was outperformed by 71.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EM.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EM.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.22 | NEUTRAL | The RSI value for EM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.92 | OVERSOLD | The low Stochastics value suggests EM.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for EM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for EM.MI suggests a possible start of a new trend. |
BIT:EM (6/18/2025, 5:23:43 PM)
0.886
+0.01 (+1.14%)