We assign a technical rating of 0 out of 10 to EMBC. 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.
More info and screens
10.93
2 important support areas can be observed.
- A support zone ranging from 11.65 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.04 to 11.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.81 to 11.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.08 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.33 to 14.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for EMBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMBC is down. |
| ChartMill Relative Strength | 10.79 | NEGATIVE | EMBC has a low relative strength, it was outperformed by 89.21% 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 | NEGATIVE | The current price of EMBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for EMBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EMBC has a positive trend. |
| Stochastics (14,3) | 42.36 | NEUTRAL | The Stochastics value for EMBC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for EMBC suggests high volalility. |
| Average Directional Index/ADX (14) | 32.33 | POSITIVE | The high ADX value value for EMBC suggests a strong trend. |
11.75
+0.04 (+0.34%)
EMBECTA CORP / EMBC FAQ
What is the technical rating for EMBC stock?
ChartMill assigns a technical rating of 0 / 10 to EMBC.
Can you provide the trend direction for EMBECTA CORP?
The current trend direction for EMBECTA CORP (EMBC) is Bearish.
What is the RSI signal for EMBC stock?
EMBECTA CORP (EMBC) has an RSI value of 39.0284. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EMBECTA CORP?
The buy/sell signal for EMBECTA CORP (EMBC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for EMBC stock?
EMBECTA CORP (EMBC) has a support level at 11.68 and a resistance level at 11.81. Check the full technical report for our detailed analysis of EMBC support and resistance levels.