ELBIT IMAGING LTD (EMITF) Stock Technical Analysis
USA - NASDAQ:EMITF - IL0010811169
Taking everything into account, EMITF scores 0 out of 10 in our technical rating. EMITF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
1.06
We can see 3 important resistance 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.
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. |
NASDAQ:EMITF (2/8/2019, 8:00:00 PM)
1.07
-0.08 (-6.96%)
ELBIT IMAGING LTD / EMITF FAQ
Can you provide the ChartMill technical rating for ELBIT IMAGING LTD?
ChartMill assigns a technical rating of 0 / 10 to EMITF.
Can you provide the trend direction for ELBIT IMAGING LTD?
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.
What is the MACD signal for EMITF stock?
The MACD indicator for ELBIT IMAGING LTD (EMITF) has a value of 0.00995037, indicating a bearish trend.
What is the short term momentum for ELBIT IMAGING LTD (EMITF) stock?
The short term momentum for ELBIT IMAGING LTD (EMITF) is negative.