EMERA INC (EMA.CA) Technical Analysis

TSX:EMA • CA2908761018

Current stock price

73.32 CAD
+0.77 (+1.06%)
Last:

EMA.CA Technical Rating and Analysis

8

Overall EMA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EMA is only an average performer.

  • The long and short term trends are both positive. This is looking good!
  • EMA is one of the better performing stocks in the Electric Utilities industry, it outperforms 88% of 18 stocks in the same industry.
  • EMA 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 is leading the market.
  • In the last month EMA has a been trading in the 69.49 - 73.75 range, which is quite wide. It is currently trading near the high of this range.
  • EMA has an average volume of 1280480 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 57% of them, which is more or less in line with the market.

EMA.CA Weekly and Daily overview Charts

EMERA INC / EMA Weekly stock chart
EMERA INC / EMA Daily stock chart

EMA.CA Setup Rating and Analysis

7

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 73.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.76, a Stop Loss order could be placed below this zone.

EMA.CA Support and Resistance Analysis

64.36

74.16

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 69.20 to 71.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 65.01 to 67.07. 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 73.43 to 73.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

EMA.CA 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.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EMA.CA is up.
ChartMill Relative Strength57.44NEUTRALEMA.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EMA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EMA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EMA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)64.5NEUTRALThe RSI value for EMA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests EMA.CA has a positive trend.
Stochastics (14,3)74.41NEUTRALThe Stochastics value for EMA.CA is a neutral value.
Average True Range in percent/ATR (20)1.55LOW VOLATILITYThe low ATR as a percentage value for EMA.CA suggests low volalility.
Average Directional Index/ADX (14)24.75NEUTRALThe ADX value for EMA.CA suggests a possible start of a new trend.

EMA.CA 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)

EMA.CA 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
73.4469.483.96 (5.39%)18.55%
An entry @73.44. This is a Buy Stop order right above the resistance zone.An exit @69.48. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.96 points, which is 5.39%.When investing 18.55% 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.

EMA.CA Technicals: Chart, Performance Metrics, Trend & Indicators

EMERA INC / EMA Daily stock chart

EMERA INC

TSX:EMA (4/2/2026, 7:00:00 PM)

73.32

+0.77 (+1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.06%
1 Week2.69%
2 Weeks2.09%
1 Month2.72%
3 Month8.46%
6 Month9.76%
12 Month20.49%
2 Year57.92%
3 Year27.18%
5 Year31.23%
10 Year61.25%
15 Year132.76%
Volatility
ATR(14)1.14
ATR(20)%1.55%
ATR Inc-10.71%
Range Today1.18
ADR(20)1.11
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.44
3 months CRS75.23
6 months CRS67.79
Mansfield0.84
10 Day High73.72
10 Day Low69.49
20 Day High73.75
20 Day Low69.49
52 Week High73.75
52 Week Low56.59
CS1 End71.76
CR1 Start73.43
Volume & EV
DER(3)1.59%
DER(5)1.43%
Volume1.87M
Volume Incr24.03%
Vol(5)1.23M
Vol(50)1.28M

EMERA INC / EMA.CA TA 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 EMERA INC (EMA.CA) stock?

EMERA INC (EMA.CA) has an RSI value of 64.5034. This indicates that the stock is currently neutral.


What is the short term momentum for EMERA INC (EMA.CA) stock?

The short term momentum for EMERA INC (EMA.CA) is positive.


What is the support and resistance level for EMA stock?

EMERA INC (EMA.CA) has a support level at 71.76 and a resistance level at 73.43. Check the full technical report for our detailed analysis of EMA.CA support and resistance levels.