NYSE:EMD - New York Stock Exchange, Inc. - US95766A1016 - Currency: USD
We assign a technical rating of 1 out of 10 to EMD. EMD 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.
Although the technical rating is bad, EMD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.52. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EMD in the last couple of days, which is a good sign.
8.62
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
NYSE:EMD (4/25/2025, 8:04:00 PM)
9.35
+0.07 (+0.75%)