EMBRACE CHANGE ACQUISITION C (EMCG) Stock Technical Analysis
NASDAQ:EMCG - Nasdaq - KYG3034H1092 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to EMCG. Both in the recent history as in the last year, EMCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: EMCG has an average volume of 9752 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that EMCG is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, EMCG also shows a nice and consistent pattern of rising prices.
EMCG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMCG is lagging the market.
In the last month EMCG has a been trading in a tight range between 11.76 and 12.00.
Volume is considerably higher in the last couple of days.
Although EMCG has an excellent technical rating, it 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.
More info and screens
11.11
12.22
We found 2 important support areas.
- A support zone ranging from 11.75 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.22 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 EMCG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMCG is neutral. |
| ChartMill Relative Strength | 72.13 | POSITIVE | EMCG has a high relative strength, it outperformed 72.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMCG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMCG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMCG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for EMCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EMCG has a positive trend. |
| Stochastics (14,3) | 88.1 | OVERBOUGHT | The high Stochastics value suggests EMCG may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for EMCG suggests low volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for EMCG 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)
NASDAQ:EMCG (6/4/2025, 8:21:58 PM)
12.1
+0.12 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week0.84%
2 Weeks1.27%
1 Month0.42%
3 Month3.45%
6 Month6.29%
12 Month9.49%
2 Year13.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.68%
ATR Inc64.35%
Range Today0
ADR(20)0.06
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.13
Mansfield-0.4
10 Day High12
10 Day Low11.76
20 Day High12
20 Day Low11.76
52 Week High13.39
52 Week Low10.96
CS1 End11.97
CR1 Start12.01
Volume & EV
DER(3)2.38%
DER(5)1.43%
Volume400
Volume Incr132.16%
Vol(5)20.72K
Vol(50)9.75K