EMERA INC - EMACN 6.434 PERP (EMA-PR-C.CA) Stock Technical Analysis
TSX:EMA-PR-C - Toronto Stock Exchange - CA2908765076 - Currency: CAD
Overall EMA-PR-C gets a technical rating of 7 out of 10. Although EMA-PR-C is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: EMA-PR-C has an average volume of 9852 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
EMA-PR-C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EMA-PR-C is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, EMA-PR-C turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
EMA-PR-C is part of the Electric Utilities industry. There are 19 other stocks in this industry, EMA-PR-C did better than 61% of them.
In the last month EMA-PR-C has a been trading in a tight range between 22.42 and 23.71.
Considerably lower volume is observed in the last couple of days.
EMA-PR-C has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.28
24.29
We found 3 important support areas.
- A support zone ranging from 22.98 to 23.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.06 to 22.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.49 to 21.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.98 to 24.05. 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 | UP | POSITIVE | The long term trend for EMA-PR-C.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMA-PR-C.CA is up. |
| ChartMill Relative Strength | 62.44 | NEUTRAL | EMA-PR-C.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMA-PR-C.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMA-PR-C.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMA-PR-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.89 | NEUTRAL | The RSI value for EMA-PR-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EMA-PR-C.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for EMA-PR-C.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for EMA-PR-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.11 | POSITIVE | The high ADX value value for EMA-PR-C.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:EMA-PR-C (5/23/2025, 7:00:00 PM)
23.57
+0.18 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.77%
1 Week0.38%
2 Weeks2.03%
1 Month4.06%
3 Month0.08%
6 Month2.93%
12 Month9.58%
2 Year25.04%
3 Year0.73%
5 Year51.09%
10 Year-0.13%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.86%
ATR Inc-35.9%
Range Today0.16
ADR(20)0.16
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.44
Mansfield0.18
10 Day High23.71
10 Day Low23.16
20 Day High23.71
20 Day Low22.42
52 Week High24.07
52 Week Low20.23
CS1 End23.43
CR1 Start23.98
Volume & EV
DER(3)0%
DER(5)0%
Volume2.60K
Volume Incr-58.3%
Vol(5)4.23K
Vol(50)9.85K