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.
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.
12.43
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for EMBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMBC is down. |
| ChartMill Relative Strength | 12.7 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 87.3% 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 | MIXED | The current price of EMBC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.9 | 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. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for EMBC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for EMBC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for EMBC suggests a weak or negative trend. |
12.755
+0.19 (+1.47%)
ChartMill assigns a technical rating of 0 / 10 to EMBC.
The current trend direction for EMBECTA CORP (EMBC) is Bearish.
EMBECTA CORP (EMBC) has an RSI value of 37.8977. This indicates that the stock is currently neutral.
EMBECTA CORP (EMBC) has a support level at 12.74 and a resistance level at 13.67. Check the full technical report for our detailed analysis of EMBC support and resistance levels.