SMART SHARE GLOBAL LTD - ADR (EM) Technical Analysis
NASDAQ:EM • US83193E1029
Current stock price
EM Technical Rating and Analysis
Overall EM gets a technical rating of 0 out of 10. EM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 69% of all other stocks performed better in the past year than EM.
- EM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EM is lagging the market.
- EM is an average performer in the Specialty Retail industry, it outperforms 54% of 123 stocks in the same industry.
- In the last month EM has a been trading in a tight range between 1.11 and 1.15.
- Considerably lower volume is observed in the last couple of days.
EM Weekly and Daily overview Charts
EM Setup Rating and Analysis
Although the technical rating is bad, EM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
More info and screens
EM Support and Resistance Analysis
1.09
When analyzing the support we notice one important area.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.15 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.38 from a horizontal line in the daily time frame.
EM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for EM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EM is down. |
| ChartMill Relative Strength | 31.68 | NEUTRAL | EM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.89 | NEUTRAL | The RSI value for EM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EM has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests EM may be oversold. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for EM suggests low volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for EM suggests a possible start of a new trend. |
EM Chart- and CandleStick Pattern Analysis
EM Technicals: Chart, Performance Metrics, Trend & Indicators
1.11
-0.01 (-0.89%)
SMART SHARE GLOBAL LTD - ADR / EM TA FAQ
Can you provide the ChartMill technical rating for SMART SHARE GLOBAL LTD - ADR?
ChartMill assigns a technical rating of 0 / 10 to EM.
What is the trend direction for EM stock?
The current trend direction for SMART SHARE GLOBAL LTD - ADR (EM) is Bearish.
What is the RSI signal for SMART SHARE GLOBAL LTD - ADR (EM) stock?
SMART SHARE GLOBAL LTD - ADR (EM) has an RSI value of 35.8857. This indicates that the stock is currently neutral.
What is the short term momentum for SMART SHARE GLOBAL LTD - ADR (EM) stock?
The short term momentum for SMART SHARE GLOBAL LTD - ADR (EM) is negative.
What is the buy/sell signal for SMART SHARE GLOBAL LTD - ADR (EM) stock?
The buy/sell signal for SMART SHARE GLOBAL LTD - ADR (EM) is sell as both the short term and long term trends are negative.