EMBECTA CORP (EMBC) Technical Analysis
NASDAQ:EMBC • US29082K1051
Current stock price
EMBC Technical Rating and Analysis
Taking everything into account, EMBC scores 0 out of 10 in our technical rating. EMBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EMBC is a bad performer in the overall market: 90% of all stocks are doing better.
- EMBC is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 62% of 188 stocks in the same industry do better.
- EMBC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EMBC is lagging the market.
- EMBC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
EMBC Weekly and Daily overview Charts
EMBC Setup Rating and Analysis
EMBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
EMBC Support and Resistance Analysis
8.84
We can see 4 important resistance areas.
- Resistance @9.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.66 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.12 from a trend line in the weekly time frame.
- Resistance @13.49 from a trend line in the daily time frame.
EMBC 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 | DOWN | NEGATIVE | The long term trend for EMBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMBC is down. |
| ChartMill Relative Strength | 10.99 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 89.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EMBC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.74 | NEUTRAL | The RSI value for EMBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EMBC has a positive trend. |
| Stochastics (14,3) | 38.86 | NEUTRAL | The Stochastics value for EMBC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.82 | NEGATIVE | The low ADX value for EMBC suggests a weak or negative trend. |
EMBC Chart- and CandleStick Pattern Analysis
EMBC Technicals: Chart, Performance Metrics, Trend & Indicators
8.93
+0.08 (+0.9%)
EMBECTA CORP / EMBC TA FAQ
What is the technical rating for EMBC stock?
ChartMill assigns a technical rating of 0 / 10 to EMBC.
What is the trend direction for EMBC stock?
The current trend direction for EMBECTA CORP (EMBC) is Bearish.
What is the RSI signal for EMBECTA CORP (EMBC) stock?
EMBECTA CORP (EMBC) has an RSI value of 41.7403. This indicates that the stock is currently neutral.
What is the buy/sell signal for EMBC stock?
The buy/sell signal for EMBECTA CORP (EMBC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for EMBC stock?
EMBECTA CORP (EMBC) has a resistance level at 9.13. Check the full technical report for our detailed analysis of EMBC support and resistance levels.