ELECTROMAGNETIC GEOSERVICES (EMGS.OL) Stock Technical Analysis
OSL:EMGS - Euronext Oslo - NO0010358484 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to EMGS. EMGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EMGS is a bad performer in the overall market: 91% of all stocks are doing better.
EMGS is one of the lesser performing stocks in the Energy Equipment & Services industry. 79% of 35 stocks in the same industry do better.
EMGS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EMGS is lagging the market.
In the last month EMGS has a been trading in the 1.60 - 2.20 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, EMGS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.67
2.77
When analyzing the resistance we notice 6 important areas.
- Resistance @1.84 from a horizontal line in the daily time frame.
- Resistance @2.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.08 to 2.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.22 from a horizontal line in the daily time frame.
- Resistance @2.65 from a horizontal line in the weekly time frame.
- Resistance @2.74 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for EMGS.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMGS.OL is down. |
| ChartMill Relative Strength | 9.59 | NEGATIVE | EMGS.OL has a low relative strength, it was outperformed by 90.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMGS.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMGS.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMGS.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.59 | NEUTRAL | The RSI value for EMGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EMGS.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23 | NEUTRAL | The Stochastics value for EMGS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for EMGS.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for EMGS.OL suggests a weak or negative trend. |
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)
OSL:EMGS (5/28/2025, 7:00:00 PM)
1.685
+0.04 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.12%
1 Week-3.71%
2 Weeks-3.44%
1 Month-14.68%
3 Month-16.79%
6 Month-17.2%
12 Month-32.19%
2 Year-32.87%
3 Year-23.41%
5 Year212.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.26%
ATR Inc-63.42%
Range Today0.05
ADR(20)0.14
ADR(20)%8.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.59
Mansfield-2.35
10 Day High1.87
10 Day Low1.63
20 Day High2.2
20 Day Low1.6
52 Week High3.08
52 Week Low1.6
CS1 EndN/A
CR1 Start1.84
Volume & EV
DER(3)0%
DER(5)0%
Volume318.79K
Volume Incr6.47%
Vol(5)207.29K
Vol(50)139.86K