EMAGIN CORPORATION (EMAN) Stock Technical Analysis
NYSEARCA:EMAN - NYSE Arca - US29076N2062 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to EMAN. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EMAN did better than 98% of all other stocks.
EMAN is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 97% of 110 stocks in the same industry.
EMAN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EMAN is performing more or less in line with the market.
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.
Although EMAN has an excellent technical rating, it does not offer a high quality setup 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
1.90
2.10
We found 1 important support 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.
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. |
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)
2.07
+0.06 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.99%
1 Week4.55%
2 Weeks4.55%
1 Month3.5%
3 Month4.02%
6 Month7.25%
12 Month137.6%
2 Year-13.75%
3 Year72.5%
5 Year62.99%
10 Year-24.73%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.97%
ATR Inc162.5%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.78
Mansfield2.73
10 Day High2.08
10 Day Low1.97
20 Day High2.08
20 Day Low1.96
52 Week High2.49
52 Week Low0.74
CS1 End1.99
CR1 Start2.08
Volume & EV
DER(3)3.38%
DER(5)-0.3%
Volume3.59M
Volume Incr359.16%
Vol(5)977.20K
Vol(50)513.59K