Logo image of EMGS.OL

ELECTROMAGNETIC GEOSERVICES (EMGS.OL) Stock Technical Analysis

OSL:EMGS - Euronext Oslo - NO0010358484 - Common Stock - Currency: NOK

1.84  -0.11 (-5.64%)

Technical Rating and Analysis

1

Overall EMGS gets a technical rating of 1 out of 10. 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.

92% of all other stocks performed better in the past year than EMGS.
EMGS is one of the lesser performing stocks in the Energy Equipment & Services industry. 77% of 36 stocks in the same industry do better.
EMGS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EMGS has a been trading in the 1.81 - 2.16 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ELECTROMAGNETIC GEOSERVICES / EMGS Weekly stock chart
ELECTROMAGNETIC GEOSERVICES / EMGS Daily stock chart
Setup Rating and Analysis

7

EMGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.89. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EMGS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.82

2.24

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.89 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.10 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.22 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for EMGS.OL is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for EMGS.OL is neutral.
ChartMill Relative Strength8.01NEGATIVEEMGS.OL has a low relative strength, it was outperformed by 91.99% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EMGS.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of EMGS.OL is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EMGS.OL is below a declining SMA(200).
Relative Strength Index/RSI (14)46.05NEUTRALThe RSI value for EMGS.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests EMGS.OL has a negative trend.
Stochastics (14,3)16.53OVERSOLDThe low Stochastics value suggests EMGS.OL may be oversold.
Average True Range in percent/ATR (20)6.88HIGH VOLATILITYThe high ATR as a percentage value for EMGS.OL suggests high volalility.
Average Directional Index/ADX (14)32.27POSITIVEThe high ADX value value for EMGS.OL suggests a strong trend.
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)
ELECTROMAGNETIC GEOSERVICES / EMGS Daily stock chart

ELECTROMAGNETIC GEOSERVICES

OSL:EMGS (7/16/2025, 7:00:00 PM)

1.84

-0.11 (-5.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.64%
1 Week-3.66%
2 Weeks-6.6%
1 Month-4.17%
3 Month-7.07%
6 Month-17.86%
12 Month-32.35%
2 Year-32.35%
3 Year-9.8%
5 Year155.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.88%
ATR Inc8.54%
Range Today0.11
ADR(20)0.11
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.01
Mansfield-1.8
10 Day High2
10 Day Low1.82
20 Day High2.16
20 Day Low1.82
52 Week High3.08
52 Week Low1.6
CS1 EndN/A
CR1 Start1.89
Volume & EV
DER(3)0%
DER(5)91.41%
Volume46.18K
Volume Incr-68.66%
Vol(5)46.98K
Vol(50)164.01K