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EMERA INC - EMACN 5.749 PERP (EMA-PR-F.CA) Stock Technical Analysis

TSX:EMA-PR-F - Toronto Stock Exchange - CA2908768047 - Currency: CAD

24.23  -0.16 (-0.66%)

Technical Rating and Analysis

10

Overall EMA-PR-F gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EMA-PR-F has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: EMA-PR-F has an average volume of 12121 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!
Looking at the yearly performance, EMA-PR-F did better than 76% of all other stocks. On top of that, EMA-PR-F also shows a nice and consistent pattern of rising prices.
EMA-PR-F is one of the better performing stocks in the Electric Utilities industry, it outperforms 94% of 19 stocks in the same industry.
EMA-PR-F is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EMA-PR-F is leading the market.
In the last month EMA-PR-F has a been trading in a tight range between 23.07 and 24.39.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EMERA INC - EMACN 5.749 PERP / EMA-PR-F Weekly stock chart
EMERA INC - EMACN 5.749 PERP / EMA-PR-F Daily stock chart
Setup Rating and Analysis

6

Although EMA-PR-F has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

20.83

24.63

3 important support areas can be observed.

  • A support zone ranging from 22.93 to 24.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.61 to 21.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.04 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 24.24 to 24.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EMA-PR-F.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EMA-PR-F.CA is up.
ChartMill Relative Strength76.21POSITIVEEMA-PR-F.CA has a high relative strength, it outperformed 76.21% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EMA-PR-F.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EMA-PR-F.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EMA-PR-F.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)69.97NEUTRALThe RSI value for EMA-PR-F.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests EMA-PR-F.CA has a negative trend.
Stochastics (14,3)93.33OVERBOUGHTThe high Stochastics value suggests EMA-PR-F.CA may be overbought.
Average True Range in percent/ATR (20)0.65LOW VOLATILITYThe low ATR as a percentage value for EMA-PR-F.CA suggests low volalility.
Average Directional Index/ADX (14)63.66POSITIVEThe high ADX value value for EMA-PR-F.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.4023.990.41 (1.68%)25.00%
An entry @24.40. This is a Buy Stop order right above the resistance zone.An exit @23.99. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.41 points, which is 1.68%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EMERA INC - EMACN 5.749 PERP / EMA-PR-F Daily stock chart

EMERA INC - EMACN 5.749 PERP

TSX:EMA-PR-F (8/1/2025, 7:00:00 PM)

24.23

-0.16 (-0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.66%
1 Week0.12%
2 Weeks1.17%
1 Month5.21%
3 Month13.22%
6 Month7.4%
12 Month33.94%
2 Year47.12%
3 Year21.15%
5 Year43.2%
10 Year17.05%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.65%
ATR Inc91.58%
Range Today0.23
ADR(20)0.08
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.21
Mansfield0.65
10 Day High24.39
10 Day Low24
20 Day High24.39
20 Day Low23.07
52 Week High24.39
52 Week Low18.07
CS1 End24.2
CR1 Start24.24
Volume & EV
DER(3)0%
DER(5)0%
Volume2.20K
Volume Incr-56.88%
Vol(5)1.65K
Vol(50)12.12K