EMCOR GROUP INC (EME)
US29084Q1004 - Common Stock
We assign a technical rating of 10 out of 10 to EME. Both in the recent history as in the last year, EME has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EME did better than 97% of all other stocks. We also observe that the gains produced by EME over the past year are nicely spread over this period.
EME is one of the better performing stocks in the Construction & Engineering industry, it outperforms 90% of 41 stocks in the same industry.
EME is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EME is leading the market.
In the last month EME has a been trading in the 327.38 - 366.57 range, which is quite wide. It is currently trading near the high of this range.
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
209.85
368.68
When analyzing the support we can see 6 important areas.
- A support zone ranging from 346.05 to 350.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 328.62 to 337.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @243.24 from a trend line in the weekly time frame.
- Support @228.56 from a trend line in the weekly time frame.
- Support @217.59 from a horizontal line in the daily time frame.
- Support @211.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 365.03 to 365.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.15
Mansfield4.2
10 Day High366.58
10 Day Low328.78
20 Day High366.58
20 Day Low327.38
52 Week High369.53
52 Week Low161.49
Performance
1 Week2.75%
2 Weeks10.69%
1 Month-0.34%
3 Month54.66%
6 Month73.04%
12 Month116.69%
2 Year244.38%
3 Year188.46%
5 Year351.55%
10 Year717.09%
15 Year1518.91%
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)
Technical Indicators
MACD(12,26,9)0.58
RSI(14)64.79
LBB324.69
UBB369.34
EMCOR GROUP INC
NYSE:EME (5/3/2024, 3:53:24 PM)
After market: 363.77 0 (0%)363.77
+7.48 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.1%
1 Week2.75%
2 Weeks10.69%
1 Month-0.34%
3 Month54.66%
6 Month73.04%
12 Month116.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.05
ATR(20)%2.73%
ATR Inc
Range Today5.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High366.58
10 Day Low328.78
20 Day High366.58
20 Day Low327.38
52 Week High369.53
52 Week Low161.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume330.98K
Volume Incr2.41%
Vol(5)465.95K
Vol(50)525.50K