NYSEARCA:EMCA - NYSE Arca - US29102W1053 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to EMCA. In the last year, EMCA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EMCA has an average technical rating and it also does not offer a high 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.
24.01
We found 1 important support area.
We can see 2 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 | UP | POSITIVE | The long term trend for EMCA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMCA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | EMCA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of EMCA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMCA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of EMCA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.31 | NEUTRAL | The RSI value for EMCA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMCA has a negative trend. |
Stochastics (14,3) | 48.16 | NEUTRAL | The Stochastics value for EMCA is a neutral value. |
Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for EMCA suggests low volalility. |
Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for EMCA suggests a weak or negative trend. |
NYSEARCA:EMCA (7/7/2023, 8:04:00 PM)
25.5986
-0.03 (-0.1%)