EASTERN CO/THE (EML) Technical Analysis
NASDAQ:EML • US2763171046
Current stock price
EML Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to EML. In the past year, EML was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, EML is a bad performer in the overall market: 78% of all stocks are doing better.
- EML is one of the lesser performing stocks in the Machinery industry. 70% of 131 stocks in the same industry do better.
- EML is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EML is lagging the market.
- Warning: EML has an average volume of 16560 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month EML has a been trading in the 17.66 - 21.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EML Weekly and Daily overview Charts
EML Setup Rating and Analysis
EML has an average technical rating and also the quality of the setup is only medium 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
EML Support and Resistance Analysis
17.61
We found 1 important support area.
- A support zone ranging from 17.79 to 18.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.54 to 21.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.09 from a trend line in the weekly time frame.
EML 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 | NEUTRAL | NEUTRAL | The long term trend for EML is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EML is up. |
| ChartMill Relative Strength | 22.18 | NEGATIVE | EML has a low relative strength, it was outperformed by 77.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EML is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EML is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.12 | NEUTRAL | The RSI value for EML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests EML has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.45 | NEUTRAL | The Stochastics value for EML is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for EML suggests some volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for EML suggests a possible start of a new trend. |
EML Chart- and CandleStick Pattern Analysis
EML Technicals: Chart, Performance Metrics, Trend & Indicators
20.14
+0.01 (+0.05%)
EASTERN CO/THE / EML TA FAQ
What is the ChartMill technical rating of EASTERN CO/THE (EML) stock?
ChartMill assigns a technical rating of 5 / 10 to EML.
What is the current trend direction of EASTERN CO/THE (EML) stock?
The current trend direction for EASTERN CO/THE (EML) is Bearish.
What is the RSI signal for EML stock?
EASTERN CO/THE (EML) has an RSI value of 60.1236. This indicates that the stock is currently neutral.
What is the MACD signal for EML stock?
The MACD indicator for EASTERN CO/THE (EML) has a value of 0.172808, indicating a bearish trend.
Can you provide the support and resistance levels for EASTERN CO/THE?
EASTERN CO/THE (EML) has a support level at 18.05 and a resistance level at 20.54. Check the full technical report for our detailed analysis of EML support and resistance levels.