EMBECTA CORP (EMBC) Stock Technical Analysis
NASDAQ:EMBC - US29082K1051 - Common Stock
14.96 USD
+0.47 (+3.24%)
14.96 USD
0 (0%)
Overall EMBC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EMBC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
EMBC is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry. EMBC outperforms 84% of them.
In the last month EMBC has a been trading in the 11.60 - 14.97 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that EMBC is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong 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.
Besides having an excellent technical rating, EMBC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for EMBC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.46
15.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.30 to 14.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.24 from a trend line in the daily time frame.
- Support @9.56 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 | UP | POSITIVE | The short term trend for EMBC is up. |
| ChartMill Relative Strength | 82.44 | POSITIVE | EMBC has a high relative strength, it outperformed 82.44% 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) | 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) | 72.02 | OVERBOUGHT | The high RSI value suggests EMBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.11 | OVERBOUGHT | The high Stochastics value suggests EMBC may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for EMBC suggests some volalility. |
| Average Directional Index/ADX (14) | 44.95 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.98 | 14.29 | 0.69 (4.61%) | 21.71% |
| An entry @14.98. This is a Buy Stop order right above the 10 day high. | An exit @14.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 4.61%. | When investing 21.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of EMBC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.96
+0.47 (+3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.24%
1 Week3.17%
2 Weeks8.17%
1 Month44.4%
3 Month52.81%
6 Month17.33%
12 Month-2.29%
2 Year-0.6%
3 Year-48.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.34%
ATR Inc-11.82%
Range Today0.57
ADR(20)0.58
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.44
Mansfield-0.28
10 Day High14.97
10 Day Low13.85
20 Day High14.97
20 Day Low11.6
52 Week High21.48
52 Week Low9.2
CS1 End14.48
CR1 StartN/A
Volume & EV
DER(3)5.38%
DER(5)2.98%
Volume618.05K
Volume Incr-41.55%
Vol(5)411.19K
Vol(50)625.13K