EMERA INC (EMA.CA) Stock Technical Analysis
TSX:EMA • CA2908761018
Taking everything into account, EMA scores 8 out of 10 in our technical rating. 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 76% of them.
- EMA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EMA is lagging the market slightly.
- EMA has an average volume of 1291060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, EMA outperforms 49% of them, which is more or less in line with the market.
- In the last month EMA has a been trading in the 65.71 - 71.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EMA also presents a decent setup pattern. 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 69.54, a Stop Loss order could be placed below this zone.
More info and screens
62.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.02 to 69.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.78 to 66.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 69.90 to 70.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 49.8 | 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) | 56.57 | NEUTRAL | The RSI value for EMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests EMA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EMA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.63 | 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 |
|---|---|---|---|
| 70.56 | 68.01 | 2.55 (3.61%) | 25.00% |
| An entry @70.56. This is a Buy Stop order right above the resistance zone. | An exit @68.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.55 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (2/26/2026, 7:00:00 PM)
69.62
-0.34 (-0.49%)
EMERA INC / EMA.CA FAQ
What is the technical rating for EMA stock?
ChartMill assigns a technical rating of 8 / 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 56.5733. 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 0.113205, 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 69.54 and a resistance level at 69.9. Check the full technical report for our detailed analysis of EMA.CA support and resistance levels.