EMBECTA CORP (EMBC) Stock Technical Analysis
USA - NASDAQ:EMBC - US29082K1051 - Common Stock
14.26 USD
-0.45 (-3.06%)
14.26 USD
0 (0%)
We assign a technical rating of 7 out of 10 to EMBC. In the last year, EMBC was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EMBC is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. EMBC outperforms 84% of them.
When comparing the yearly performance of all stocks, we notice that EMBC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EMBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMBC is lagging the market.
In the last month EMBC has a been trading in the 13.52 - 15.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EMBC also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
9.46
15.47
4 important support areas can be observed.
- Support @14.22 from a trend line in the daily time frame.
- A support zone ranging from 13.39 to 13.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.61 from a trend line in the daily time frame.
- Support @9.56 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.58 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.32 from a horizontal line in the daily time frame.
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 EMBC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMBC is neutral. |
| ChartMill Relative Strength | 81.95 | POSITIVE | EMBC has a high relative strength, it outperformed 81.95% 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) | UP | POSITIVE | The current price of EMBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EMBC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.34 | NEUTRAL | The RSI value for EMBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests EMBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.38 | NEUTRAL | The Stochastics value for EMBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.34 | POSITIVE | The high ADX value value for EMBC 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)
14.26
-0.45 (-3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.06%
1 Week4.16%
2 Weeks-6%
1 Month-1.59%
3 Month38.18%
6 Month18.83%
12 Month5.55%
2 Year-5.69%
3 Year-53.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.81%
ATR Inc73.33%
Range Today0.61
ADR(20)0.54
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.95
Mansfield-0.91
10 Day High15.17
10 Day Low13.52
20 Day High15.55
20 Day Low13.52
52 Week High21.48
52 Week Low9.2
CS1 End14.22
CR1 Start14.58
Volume & EV
DER(3)-0.12%
DER(5)-0.32%
Volume321.80K
Volume Incr-23.7%
Vol(5)385.78K
Vol(50)577.61K