We assign a technical rating of 2 out of 10 to EMBH. EMBH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of EMBH 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.
20.65
When analyzing the support we notice one important area.
We can see 5 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 | DOWN | NEGATIVE | The long term trend for EMBH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMBH is neutral. |
| ChartMill Relative Strength | 64.2 | NEUTRAL | EMBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EMBH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMBH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.98 | NEUTRAL | The RSI value for EMBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMBH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.93 | NEUTRAL | The Stochastics value for EMBH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for EMBH suggests low volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for EMBH suggests a possible start of a new trend. |
NYSEARCA:EMBH (8/22/2022, 8:09:39 PM)
21.1558
+0.33 (+1.61%)
ChartMill assigns a technical rating of 2 / 10 to EMBH.
The current trend direction for ISHARES INT RATE HDG EM BOND (EMBH) is Bearish.
ISHARES INT RATE HDG EM BOND (EMBH) has an RSI value of 52.9783. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES INT RATE HDG EM BOND (EMBH) has a value of -0.0237846, indicating a bearish trend.
ISHARES INT RATE HDG EM BOND (EMBH) has a support level at 21.13 and a resistance level at 21.23. Check the full technical report for our detailed analysis of EMBH support and resistance levels.