EMCOR GROUP INC (EME) Technical Analysis
NYSE:EME • US29084Q1004
Current stock price
838.01 USD
+6.9 (+0.83%)
At close:
842 USD
+3.99 (+0.48%)
After Hours:
EME Technical Rating and Analysis
Overall EME gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EME is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- 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. On top of that, EME also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by EME, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month EME has a been trading in the 695.54 - 842.50 range, which is quite wide. It is currently trading near the high of this range.
- EME is an average performer in the Construction & Engineering industry, it outperforms 66% of 55 stocks in the same industry.
EME Weekly and Daily overview Charts
EME Setup Rating and Analysis
Although EME has an excellent technical rating, the quality of the presented setup is not ideal 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
EME Support and Resistance Analysis
346.20
846.39
We found 6 important support areas.
- A support zone ranging from 808.95 to 815.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @792.24 from a horizontal line in the daily time frame.
- Support @741.29 from a trend line in the weekly time frame.
- Support @723.85 from a trend line in the daily time frame.
- Support @708.62 from a horizontal line in the daily time frame.
- Support @349.70 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for EME is up. |
| ChartMill Relative Strength | 92.44 | POSITIVE | EME has a high relative strength, it outperformed 92.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EME is above the rising 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) | 67.05 | NEUTRAL | The RSI value for EME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.84 | POSITIVE | The MACD value suggests EME has a positive trend. |
| Stochastics (14,3) | 93.35 | OVERBOUGHT | The high Stochastics value suggests EME may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for EME suggests some volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for EME suggests a weak or negative 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 Technicals: Chart, Performance Metrics, Trend & Indicators
838.01
+6.9 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.83%
1 Week2.93%
2 Weeks11.67%
1 Month12.54%
3 Month20.71%
6 Month12%
12 Month104.27%
2 Year134.63%
3 Year390.06%
5 Year599.51%
10 Year1628.57%
15 Year2603.26%
Volatility
ATR(14)23.27
ATR(20)%3.2%
ATR Inc-25.28%
Range Today13.34
ADR(20)24.03
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.44
3 months CRS91.68
6 months CRS77.63
Mansfield2.26
10 Day High842.5
10 Day Low776.91
20 Day High842.5
20 Day Low695.55
52 Week High842.5
52 Week Low374.64
CS1 End815.04
CR1 StartN/A
Volume & EV
DER(3)1.55%
DER(5)1.66%
Volume373.30K
Volume Incr-4.05%
Vol(5)341.57K
Vol(50)383.13K
EMCOR GROUP INC / EME TA FAQ
Can you provide the ChartMill technical rating for EMCOR GROUP INC?
ChartMill assigns a technical rating of 10 / 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.
Can you provide the RSI signal for EMCOR GROUP INC?
EMCOR GROUP INC (EME) has an RSI value of 67.0462. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EMCOR GROUP INC?
The MACD indicator for EMCOR GROUP INC (EME) has a value of 5.83911, indicating a bullish trend.
Can you provide the short term momentum for EMCOR GROUP INC?
The short term momentum for EMCOR GROUP INC (EME) is positive.