EMBECTA CORP (EMBC) Stock Technical Analysis
NASDAQ:EMBC - Nasdaq - US29082K1051 - Common Stock - Currency: USD
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EMBC is a bad performer in the overall market: 88% of all stocks are doing better.
EMBC is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 61% of 187 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EMBC has a been trading in the 9.20 - 10.44 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EMBC has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
10.22
12.47
2 important resistance areas can be observed.
- A resistance zone ranging from 10.33 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.35 from a trend 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 | DOWN | NEGATIVE | The long term trend for EMBC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMBC is neutral. |
| ChartMill Relative Strength | 12.98 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 87.02% 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) | 50.66 | NEUTRAL | The RSI value for EMBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests EMBC has a positive trend. |
| Stochastics (14,3) | 90.49 | OVERBOUGHT | The high Stochastics value suggests EMBC may be overbought. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for EMBC suggests a weak or negative 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)
10.32
+0.07 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.68%
1 Week11.21%
2 Weeks5.95%
1 Month-0.77%
3 Month-14%
6 Month-49.68%
12 Month-9.95%
2 Year-51.64%
3 Year-64.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%4.54%
ATR Inc-27.59%
Range Today0.26
ADR(20)0.47
ADR(20)%4.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.98
Mansfield-3.41
10 Day High10.39
10 Day Low9.2
20 Day High10.44
20 Day Low9.2
52 Week High21.48
52 Week Low9.2
CS1 EndN/A
CR1 Start9.78
Volume & EV
DER(3)1.07%
DER(5)1.69%
Volume291.90K
Volume Incr12.04%
Vol(5)797.06K
Vol(50)650.50K