EMERA INC (EMA.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EMA - CA2908761018 - Common Stock
Overall EMA gets a technical rating of 7 out of 10. Although EMA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- EMA is part of the Electric Utilities industry. There are 18 other stocks in this industry. EMA outperforms 94% of them.
- EMA 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.
- EMA has an average volume of 1122460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, EMA turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- In the last month EMA has a been trading in a tight range between 65.53 and 68.59.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EMA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 69.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMA 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
62.25
We found 2 important support areas.
- A support zone ranging from 64.78 to 67.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.17 to 69.20. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMA.CA is up. |
| ChartMill Relative Strength | 55.41 | NEUTRAL | EMA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.5 | NEUTRAL | The RSI value for EMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EMA.CA has a positive trend. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for EMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for EMA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.82 | NEGATIVE | The low ADX value for EMA.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 69.21 | 65.89 | 3.32 (4.80%) | 20.85% |
| An entry @69.21. This is a Buy Stop order right above the resistance zone. | An exit @65.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.32 points, which is 4.80%. | When investing 20.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/16/2026, 7:00:00 PM)
68.45
+0.54 (+0.8%)
EMERA INC / EMA.CA FAQ
What is the technical rating for EMA stock?
ChartMill assigns a technical rating of 7 / 10 to EMA.CA.
Can you provide the trend direction for EMERA INC?
The current trend direction for EMERA INC (EMA.CA) is Bullish.
What is the RSI signal for EMA stock?
EMERA INC (EMA.CA) has an RSI value of 60.5016. This indicates that the stock is currently neutral.
What is the MACD signal for EMERA INC (EMA.CA) stock?
The MACD indicator for EMERA INC (EMA.CA) has a value of 0.0885932, indicating a bearish trend.
What are the support and resistance levels for EMERA INC (EMA.CA) stock?
EMERA INC (EMA.CA) has a support level at 67.49 and a resistance level at 69.17. Check the full technical report for our detailed analysis of EMA.CA support and resistance levels.