Taking everything into account, EMBC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EMBC was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, EMBC is a bad performer in the overall market: 86% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month EMBC has a been trading in the 11.38 - 13.03 range, which is quite wide. It is currently trading near the high of this range.
- EMBC is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, EMBC did better than 44% of them.
- 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.
Although the technical rating is bad, EMBC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.67. Right above this resistance zone may be a good entry point.
More info and screens
11.31
We found 2 important support areas.
- A support zone ranging from 11.65 to 11.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.42 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.67 to 12.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.21 to 14.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.71 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 | NEUTRAL | NEUTRAL | The long term trend for EMBC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMBC is up. |
| ChartMill Relative Strength | 14.76 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 85.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMBC is above the rising 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) | UP | POSITIVE | The current price of EMBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.96 | NEUTRAL | The RSI value for EMBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests EMBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.42 | OVERBOUGHT | The high Stochastics value suggests EMBC may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for EMBC suggests a possible start of a new trend. |
12.66
-0.19 (-1.48%)
EMBECTA CORP / EMBC FAQ
What is the technical rating for EMBC stock?
ChartMill assigns a technical rating of 3 / 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 55.9609. This indicates that the stock is currently neutral.
What is the MACD signal for EMBECTA CORP (EMBC) stock?
The MACD indicator for EMBECTA CORP (EMBC) has a value of 0.162954, indicating a bearish trend.
What is the support and resistance level for EMBC stock?
EMBECTA CORP (EMBC) has a support level at 11.81 and a resistance level at 12.67. Check the full technical report for our detailed analysis of EMBC support and resistance levels.