EMBECTA CORP (EMBC) Technical Analysis
NASDAQ:EMBC • US29082K1051
Current stock price
EMBC Technical Rating and Analysis
Overall EMBC gets a technical rating of 0 out of 10. EMBC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than EMBC.
- EMBC is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 65% of 184 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.
- In the last month EMBC has a been trading in the 8.77 - 10.90 range, which is quite wide. It is currently trading near the lows of this range.
EMBC Weekly and Daily overview Charts
EMBC Setup Rating and Analysis
The technical rating of EMBC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
EMBC Support and Resistance Analysis
8.70
When analyzing the resistance we notice 4 important areas.
- Resistance @9.55 from a trend line in the daily time frame.
- A resistance zone ranging from 9.84 to 9.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.43 from a trend line in the weekly time frame.
- Resistance @12.61 from a trend line in the weekly 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 | 11.82 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMBC is below 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) | 26.88 | OVERSOLD | The low RSI value suggests EMBC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EMBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.46 | OVERSOLD | The low Stochastics value suggests EMBC may be oversold. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for EMBC suggests a possible start of a new trend. |
EMBC Chart- and CandleStick Pattern Analysis
EMBC Technicals: Chart, Performance Metrics, Trend & Indicators
8.79
-0.02 (-0.23%)
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.
Can you provide the RSI signal for EMBECTA CORP?
EMBECTA CORP (EMBC) has an RSI value of 26.8842. This indicates that the stock is currently oversold.
What is the MACD signal for EMBECTA CORP (EMBC) stock?
The MACD indicator for EMBECTA CORP (EMBC) has a value of -0.0772539, indicating a bearish trend.
What is the support and resistance level for EMBC stock?
EMBECTA CORP (EMBC) has a resistance level at 9.55. Check the full technical report for our detailed analysis of EMBC support and resistance levels.