EMERA INC - EMACN 4 1/4 PERP (EMA-PR-J.CA) Stock Technical Analysis
TSX:EMA-PR-J - CA2908768468
24.9 CAD
-0.04 (-0.16%)
Overall EMA-PR-J gets a technical rating of 6 out of 10. Although EMA-PR-J 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-J has an average volume of 5669 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
EMA-PR-J is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, EMA-PR-J outperforms 52% of them, which is more or less in line with the market.
EMA-PR-J is part of the Electric Utilities industry. There are 18 other stocks in this industry, EMA-PR-J did better than 64% of them.
In the last month EMA-PR-J has a been trading in a tight range between 24.69 and 25.10.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EMA-PR-J does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.89, a Stop Loss order could be placed below this zone.
More info and screens
20.74
25.39
6 important support areas can be observed.
- A support zone ranging from 24.64 to 24.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.84 from a horizontal line in the daily time frame.
- Support @23.06 from a trend line in the weekly time frame.
- Support @22.24 from a trend line in the daily time frame.
- A support zone ranging from 21.45 to 21.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.95 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.14 to 25.14. 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-J.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMA-PR-J.CA is up. |
| ChartMill Relative Strength | 52.86 | NEUTRAL | EMA-PR-J.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EMA-PR-J.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMA-PR-J.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMA-PR-J.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.68 | NEUTRAL | The RSI value for EMA-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMA-PR-J.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.87 | NEUTRAL | The Stochastics value for EMA-PR-J.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for EMA-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.92 | NEGATIVE | The low ADX value for EMA-PR-J.CA suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.02 | 24.74 | 0.28 (1.12%) | 25.00% |
| An entry @25.02. This is a Buy Stop order right above the 10 day high. | An exit @24.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.28 points, which is 1.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- 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.
TSX:EMA-PR-J (9/2/2025, 7:00:00 PM)
24.9
-0.04 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.16%
1 Week-0.44%
2 Weeks0.12%
1 Month-0.44%
3 Month2.05%
6 Month5.73%
12 Month17.45%
2 Year41.48%
3 Year5.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.57%
ATR Inc-20.36%
Range Today0
ADR(20)0.07
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.86
Mansfield-0.08
10 Day High25.01
10 Day Low24.75
20 Day High25.1
20 Day Low24.69
52 Week High25.14
52 Week Low20.65
CS1 End24.89
CR1 Start25.14
Volume & EV
DER(3)-2.18%
DER(5)-2.87%
Volume1.20K
Volume Incr-78.63%
Vol(5)2.17K
Vol(50)5.67K