EMCOR GROUP INC (EME) Technical Analysis
NYSE:EME • US29084Q1004
Current stock price
728.55 USD
+2 (+0.28%)
At close:
728.55 USD
0 (0%)
After Hours:
EME Technical Rating and Analysis
Taking everything into account, EME scores 8 out of 10 in our technical rating. In the last year, EME was one of the better performers, but we do observe some doubts in the very recent evolution.
- EME is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- 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 EME is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by EME over the past year are nicely spread over this period.
- EME is part of the Construction & Engineering industry. There are 56 other stocks in this industry. EME outperforms 74% of them.
- EME is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EME is performing more or less in line with the market.
EME Weekly and Daily overview Charts
EME Setup Rating and Analysis
Besides having an excellent technical rating, EME also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 727.53, a Stop Loss order could be placed below this zone.
More info and screens
EME Support and Resistance Analysis
346.20
820.93
3 important support areas can be observed.
- A support zone ranging from 704.99 to 727.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @659.01 from a trend line in the daily time frame.
- Support @349.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 812.80 to 812.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
EME 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 | UP | POSITIVE | The long term trend for EME is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EME is neutral. |
| ChartMill Relative Strength | 92.74 | POSITIVE | EME has a high relative strength, it outperformed 92.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.88 | NEUTRAL | The RSI value for EME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.75 | NEGATIVE | The MACD value suggests EME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.92 | NEUTRAL | The Stochastics value for EME is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for EME suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for EME suggests a strong trend. |
EME Chart- and CandleStick Pattern Analysis
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)
EME Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 750.86 | 704.98 | 45.88 (6.11%) | 16.37% |
| An entry @750.86. This is a Buy Stop order right above the 10 day high. | An exit @704.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 45.88 points, which is 6.11%. | When investing 16.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EME Technicals: Chart, Performance Metrics, Trend & Indicators
728.55
+2 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.28%
1 Week0.71%
2 Weeks-1.05%
1 Month-8.65%
3 Month19.16%
6 Month15.27%
12 Month84.38%
2 Year108.04%
3 Year348.09%
5 Year549.56%
10 Year1399.07%
15 Year2252.44%
Volatility
ATR(14)29.14
ATR(20)%3.73%
ATR Inc-23.8%
Range Today21.32
ADR(20)25.07
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.74
3 months CRS90.47
6 months CRS83.86
Mansfield1.73
10 Day High750.85
10 Day Low685.5
20 Day High821.9
20 Day Low685.5
52 Week High835
52 Week Low320.89
CS1 End727.53
CR1 Start812.8
Volume & EV
DER(3)-1.32%
DER(5)-0.99%
Volume196.00K
Volume Incr-34.81%
Vol(5)283.66K
Vol(50)380.17K
EMCOR GROUP INC / EME TA FAQ
Can you provide the ChartMill technical rating for EMCOR GROUP INC?
ChartMill assigns a technical rating of 8 / 10 to EME.
What is the current trend direction of EMCOR GROUP INC (EME) stock?
The current trend direction for EMCOR GROUP INC (EME) is Bullish.
What is the RSI signal for EMCOR GROUP INC (EME) stock?
EMCOR GROUP INC (EME) has an RSI value of 47.8797. This indicates that the stock is currently neutral.
What is the short term momentum for EMCOR GROUP INC (EME) stock?
The short term momentum for EMCOR GROUP INC (EME) is neutral.