EMCORE CORP (EMKR) Technical Analysis
NASDAQ:EMKR • US2908464017
Current stock price
EMKR Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EMKR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EMKR is a bad performer.
- 73% of all other stocks performed better in the past year than EMKR.
- EMKR is part of the Communications Equipment industry. There are 46 other stocks in this industry, of which 82% are performing better than EMKR.
- The long and short term trends are both positive. This is looking good!
- EMKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMKR is lagging the market.
- In the last month EMKR has a been trading in a tight range between 3.01 and 3.17.
EMKR Weekly and Daily overview Charts
EMKR Setup Rating and Analysis
EMKR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMKR 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.
More info and screens
EMKR Support and Resistance Analysis
2.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.04 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.90 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.10 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
EMKR 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 | UP | POSITIVE | The long term trend for EMKR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMKR is up. |
| ChartMill Relative Strength | 27.3 | NEGATIVE | EMKR has a low relative strength, it was outperformed by 72.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMKR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.2 | NEUTRAL | The RSI value for EMKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EMKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.18 | NEUTRAL | The Stochastics value for EMKR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for EMKR suggests low volalility. |
| Average Directional Index/ADX (14) | 35.03 | POSITIVE | The high ADX value value for EMKR suggests a strong trend. |
EMKR Chart- and CandleStick Pattern Analysis
EMKR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.11 | 3.04 | 0.07 (2.25%) | 25.00% |
| An entry @3.11. This is a Buy Stop order right above the resistance zone. | An exit @3.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 2.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of EMKR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EMKR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:EMKR (2/28/2025, 8:00:01 PM)
3.095
+0.03 (+0.81%)
EMCORE CORP / EMKR TA FAQ
What is the technical rating for EMKR stock?
ChartMill assigns a technical rating of 6 / 10 to EMKR.
Can you provide the trend direction for EMCORE CORP?
The current trend direction for EMCORE CORP (EMKR) is Bullish.
What is the RSI signal for EMKR stock?
EMCORE CORP (EMKR) has an RSI value of 61.2009. This indicates that the stock is currently neutral.
What is the short term momentum for EMKR stock?
The short term momentum for EMCORE CORP (EMKR) is positive.
Can you provide the buy/sell signal for EMCORE CORP?
The buy/sell signal for EMCORE CORP (EMKR) is buy as both the short term and long term trends are positive.