EASTERN CO/THE (EML) Technical Analysis
NASDAQ:EML • US2763171046
Current stock price
EML Technical Rating and Analysis
Taking everything into account, EML scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EML is only an average performer.
- Warning: EML has an average volume of 17016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- EML is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, EML outperforms 63% of them, which is more or less in line with the market.
- EML is an average performer in the Machinery industry, it outperforms 53% of 131 stocks in the same industry.
- EML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EML is lagging the market.
EML Weekly and Daily overview Charts
EML Setup Rating and Analysis
EML has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.13. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
EML Support and Resistance Analysis
17.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.76 to 19.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.19 from a trend line in the weekly time frame.
- Support @18.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.13 to 22.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for EML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EML is up. |
| ChartMill Relative Strength | 63.25 | NEUTRAL | EML is not amongst the best or worst performers 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 | MIXED | The current price of EML is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.81 | NEUTRAL | The RSI value for EML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EML has a negative trend. |
| Stochastics (14,3) | 50.32 | NEUTRAL | The Stochastics value for EML is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for EML suggests some volalility. |
| Average Directional Index/ADX (14) | 44.32 | POSITIVE | The high ADX value value for EML suggests a strong trend. |
EML Chart- and CandleStick Pattern Analysis
EML 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 |
|---|---|---|---|
| 22.56 | 21.54 | 1.02 (4.52%) | 22.12% |
| An entry @22.56. This is a Buy Stop order right above the resistance zone. | An exit @21.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.02 points, which is 4.52%. | For a 1.00% total portfolio risk, you can invest 22.12% of your capital in this trade. |
- 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.
EML Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:EML (5/1/2026, 8:23:44 PM)
22.07
+0.21 (+0.96%)
EASTERN CO/THE / EML TA FAQ
What is the ChartMill technical rating of EASTERN CO/THE (EML) stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for EASTERN CO/THE (EML) stock?
EASTERN CO/THE (EML) has an RSI value of 58.8093. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EASTERN CO/THE?
The buy/sell signal for EASTERN CO/THE (EML) is buy as both the short term and long term trends are positive.
What is the support and resistance level for EML stock?
EASTERN CO/THE (EML) has a support level at 19.76 and a resistance level at 22.13. Check the full technical report for our detailed analysis of EML support and resistance levels.