WESTERN ASSET EMRG MRKT DBT (EMD) Technical Analysis
NYSE:EMD • US95766A1016
Current stock price
EMD Technical Rating and Analysis
Overall EMD gets a technical rating of 0 out of 10. EMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EMD is a bad performer in the overall market: 70% of all stocks are doing better.
- In the last month EMD has a been trading in the 9.64 - 11.10 range, which is quite wide. It is currently trading near the lows of this range.
- EMD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMD is lagging the market slightly.
EMD Weekly and Daily overview Charts
EMD Setup Rating and Analysis
The technical rating of EMD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EMD Support and Resistance Analysis
9.56
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.10 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.52 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.98 from a horizontal line in the daily time frame.
EMD Technical Indicator Signal Analysis
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 EMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMD is down. |
| ChartMill Relative Strength | 30.61 | NEUTRAL | EMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.78 | OVERSOLD | The low RSI value suggests EMD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EMD has a negative trend. |
| Stochastics (14,3) | 11.21 | OVERSOLD | The low Stochastics value suggests EMD may be oversold. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EMD suggests some volalility. |
| Average Directional Index/ADX (14) | 46.6 | POSITIVE | The high ADX value value for EMD suggests a strong trend. |
EMD Chart- and CandleStick Pattern Analysis
EMD Technicals: Chart, Performance Metrics, Trend & Indicators
9.66
-0.25 (-2.52%)
WESTERN ASSET EMRG MRKT DBT / EMD TA FAQ
What is the ChartMill technical rating of WESTERN ASSET EMRG MRKT DBT (EMD) stock?
ChartMill assigns a technical rating of 0 / 10 to EMD.
Can you provide the trend direction for WESTERN ASSET EMRG MRKT DBT?
The current trend direction for WESTERN ASSET EMRG MRKT DBT (EMD) is Bearish.
What is the RSI signal for EMD stock?
WESTERN ASSET EMRG MRKT DBT (EMD) has an RSI value of 25.7816. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for WESTERN ASSET EMRG MRKT DBT?
The buy/sell signal for WESTERN ASSET EMRG MRKT DBT (EMD) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for WESTERN ASSET EMRG MRKT DBT (EMD) stock?
WESTERN ASSET EMRG MRKT DBT (EMD) has a resistance level at 10.1. Check the full technical report for our detailed analysis of EMD support and resistance levels.