ELBIT IMAGING LTD (EMITF) Technical Analysis
NASDAQ:EMITF • IL0010811169
Current stock price
EMITF Technical Rating and Analysis
Taking everything into account, EMITF scores 0 out of 10 in our technical rating. EMITF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than EMITF.
- EMITF is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so EMITF is lagging the market.
- In the last month EMITF has a been trading in the 1.00 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: EMITF has an average volume of 9202 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
EMITF Weekly and Daily overview Charts
EMITF Setup Rating and Analysis
The technical rating of EMITF is bad and it also does not present a quality setup 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
EMITF Support and Resistance Analysis
1.06
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.17 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.88 from a trend line in the weekly time frame.
EMITF 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 | DOWN | NEGATIVE | The long term trend for EMITF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMITF is down. |
| ChartMill Relative Strength | 2.56 | NEGATIVE | EMITF has a low relative strength, it was outperformed by 97.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMITF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMITF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMITF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.57 | NEUTRAL | The RSI value for EMITF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EMITF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.3 | NEUTRAL | The Stochastics value for EMITF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for EMITF suggests high volalility. |
EMITF Chart- and CandleStick Pattern Analysis
EMITF Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:EMITF (2/8/2019, 8:00:00 PM)
1.07
-0.08 (-6.96%)
ELBIT IMAGING LTD / EMITF TA FAQ
Can you provide the ChartMill technical rating for ELBIT IMAGING LTD?
ChartMill assigns a technical rating of 0 / 10 to EMITF.
What is the trend direction for EMITF stock?
The current trend direction for ELBIT IMAGING LTD (EMITF) is Bearish.
What is the RSI signal for EMITF stock?
ELBIT IMAGING LTD (EMITF) has an RSI value of 35.5672. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ELBIT IMAGING LTD?
The MACD indicator for ELBIT IMAGING LTD (EMITF) has a value of 0.00995037, indicating a bearish trend.
Can you provide the buy/sell signal for ELBIT IMAGING LTD?
The buy/sell signal for ELBIT IMAGING LTD (EMITF) is sell as both the short term and long term trends are negative.