Embark Technology Inc (EMBK)

US29079J2024 - Common Stock

2.88  +0.01 (+0.35%)

After market: 2.87 -0.01 (-0.35%)

Technical Rating and Analysis

3

Overall EMBK gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EMBK was also a bad performer in the overall market in the last year.

91% of all other stocks performed better in the past year than EMBK.
EMBK is one of the lesser performing stocks in the Software industry. 82% of 276 stocks in the same industry do better.
EMBK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EMBK is lagging the market.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EMBK has a been trading in a tight range between 2.78 and 2.89.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EMBK Weekly chart
EMBK Daily chart
Setup Rating and Analysis

3

The technical rating of EMBK 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.

Support and Resistance Analysis

2.46

4.18

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 2.77 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @2.48 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • Resistance @3.01 from a horizontal line in the daily time frame.
  • Resistance @3.06 from a horizontal line in the daily time frame.
  • Resistance @4.14 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.55
Mansfield-4.68
10 Day High2.89
10 Day Low2.78
20 Day High2.89
20 Day Low2.78
52 Week High26.2
52 Week Low2.02
Performance
1 Week2.49%
2 Weeks0.35%
1 Month1.05%
3 Month1.05%
6 Month-49.12%
12 Month-74.74%
2 YearN/A
3 YearN/A
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
RSI(14)58.65
LBB2.8
UBB2.9
EMBK Daily chart

Embark Technology Inc

NASDAQ:EMBK (8/1/2023, 7:00:02 PM)

After market: 2.87 -0.01 (-0.35%)

2.88

+0.01 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.35%
1 Week2.49%
2 Weeks0.35%
1 Month1.05%
3 Month1.05%
6 Month-49.12%
12 Month-74.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.82%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.89
10 Day Low2.78
20 Day High2.89
20 Day Low2.78
52 Week High26.2
52 Week Low2.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume131.70K
Volume Incr158.03%
Vol(5)452.54K
Vol(50)298.85K