EMBECTA CORP (EMBC) Stock Technical Analysis
NASDAQ:EMBC - Nasdaq - US29082K1051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EMBC. 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: 79% of all stocks are doing better.
EMBC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EMBC has a been trading in the 10.83 - 12.76 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 189 other stocks in this industry, EMBC did better than 49% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EMBC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.61. Right above this resistance zone may be a good entry point.
More info and screens
11.22
16.51
We found 1 important support area.
- A support zone ranging from 11.33 to 11.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.61 to 12.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.45
Mansfield-1.52
10 Day High12.76
10 Day Low10.95
20 Day High12.76
20 Day Low10.83
52 Week High21.48
52 Week Low10.83
Performance
1 Week1.14%
2 Weeks14.21%
1 Month3.83%
3 Month-28.47%
6 Month-19.82%
12 Month-12.5%
2 Year-54.97%
3 Year-49.72%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)51.9
LBB10.75
UBB12.98
12.46
-0.27 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.12%
1 Week1.14%
2 Weeks14.21%
1 Month3.83%
3 Month-28.47%
6 Month-19.82%
12 Month-12.5%
2 Year-54.97%
3 Year-49.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%5.25%
ATR Inc-29.68%
Range Today0.22
ADR(20)0.62
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.45
Mansfield-1.52
10 Day High12.76
10 Day Low10.95
20 Day High12.76
20 Day Low10.83
52 Week High21.48
52 Week Low10.83
CS1 End11.46
CR1 Start12.61
Volume & EV
DER(3)1.19%
DER(5)1.09%
Volume260.00K
Volume Incr-47.06%
Vol(5)311.02K
Vol(50)601.36K