Overall EMGC gets a technical rating of 7 out of 10. Although EMGC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although EMGC 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
23.23
We found 3 important support areas.
- A support zone ranging from 25.19 to 25.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.58 from a trend line in the daily time frame.
- A support zone ranging from 23.46 to 24.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.77 to 26.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 EMGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMGC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EMGC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EMGC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for EMGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EMGC has a negative trend. |
| Stochastics (14,3) | 49 | NEUTRAL | The Stochastics value for EMGC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for EMGC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for EMGC suggests a weak or negative trend. |
NYSEARCA:EMGC (7/7/2023, 5:31:02 PM)
25.6671
-0.14 (-0.54%)
EMERGE EMPWR SUST SEL GR EQY / EMGC FAQ
What is the ChartMill technical rating of EMERGE EMPWR SUST SEL GR EQY (EMGC) stock?
ChartMill assigns a technical rating of 7 / 10 to EMGC.
Can you provide the trend direction for EMERGE EMPWR SUST SEL GR EQY?
The current trend direction for EMERGE EMPWR SUST SEL GR EQY (EMGC) is Bullish.
Can you provide the RSI signal for EMERGE EMPWR SUST SEL GR EQY?
EMERGE EMPWR SUST SEL GR EQY (EMGC) has an RSI value of 51.8754. This indicates that the stock is currently neutral.
What is the short term momentum for EMERGE EMPWR SUST SEL GR EQY (EMGC) stock?
The short term momentum for EMERGE EMPWR SUST SEL GR EQY (EMGC) is positive.
Can you provide the buy/sell signal for EMERGE EMPWR SUST SEL GR EQY?
The buy/sell signal for EMERGE EMPWR SUST SEL GR EQY (EMGC) is buy as both the short term and long term trends are positive.