EMAGIN CORPORATION (EMAN) Technical Analysis
NYSEARCA:EMAN • US29076N2062
Current stock price
EMAN Technical Rating and Analysis
Taking everything into account, EMAN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EMAN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EMAN did better than 98% of all other stocks.
- EMAN is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. EMAN outperforms 93% of them.
- EMAN 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 EMAN is lagging the market slightly.
- In the last month EMAN has a been trading in the 1.96 - 2.08 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
EMAN Weekly and Daily overview Charts
EMAN Setup Rating and Analysis
Although EMAN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EMAN Support and Resistance Analysis
1.90
When analyzing the support we notice one important area.
- A support zone ranging from 1.92 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.08 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
EMAN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EMAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMAN is up. |
| ChartMill Relative Strength | 98.78 | POSITIVE | EMAN has a high relative strength, it outperformed 98.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.57 | OVERBOUGHT | The high RSI value suggests EMAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EMAN has a positive trend. |
| Stochastics (14,3) | 82.14 | OVERBOUGHT | The high Stochastics value suggests EMAN may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for EMAN suggests low volalility. |
| Average Directional Index/ADX (14) | 27.15 | POSITIVE | The high ADX value value for EMAN suggests a strong trend. |
EMAN Chart- and CandleStick Pattern Analysis
EMAN Technicals: Chart, Performance Metrics, Trend & Indicators
2.07
+0.06 (+2.99%)
EMAGIN CORPORATION / EMAN TA FAQ
Can you provide the ChartMill technical rating for EMAGIN CORPORATION?
ChartMill assigns a technical rating of 8 / 10 to EMAN.
What is the trend direction for EMAN stock?
The current trend direction for EMAGIN CORPORATION (EMAN) is Bullish.
Can you provide the RSI signal for EMAGIN CORPORATION?
EMAGIN CORPORATION (EMAN) has an RSI value of 75.5739. This indicates that the stock is currently overbought.
What is the short term momentum for EMAN stock?
The short term momentum for EMAGIN CORPORATION (EMAN) is positive.
Can you provide the support and resistance levels for EMAGIN CORPORATION?
EMAGIN CORPORATION (EMAN) has a support level at 1.99 and a resistance level at 2.08. Check the full technical report for our detailed analysis of EMAN support and resistance levels.