EASTERN CO/THE (EML) Stock Technical Analysis
NASDAQ:EML - Nasdaq - US2763171046 - Common Stock - Currency: USD
Overall EML gets a technical rating of 0 out of 10. EML 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than EML.
EML is part of the Machinery industry. There are 128 other stocks in this industry, of which 71% are performing better than EML.
EML is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
EML is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: EML has an average volume of 9478 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EML does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EML 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
19.41
34.43
We found 3 important support areas.
- A support zone ranging from 22.01 to 22.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.28 from a trend line in the weekly time frame.
- Support @19.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.55 to 23.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.00 to 24.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.09 from a horizontal 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 EML is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EML is down. |
| ChartMill Relative Strength | 18.36 | NEGATIVE | EML has a low relative strength, it was outperformed by 81.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EML is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EML is below a declining 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) | 44.92 | NEUTRAL | The RSI value for EML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.54 | NEUTRAL | The Stochastics value for EML is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for EML suggests some volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for EML suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:EML (8/8/2025, 8:00:02 PM)
22.54
+0.24 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.08%
1 Week2.32%
2 Weeks-3.05%
1 Month-7.01%
3 Month-0.53%
6 Month-14.33%
12 Month-17.83%
2 Year24.6%
3 Year12.53%
5 Year2.92%
10 Year36.94%
15 Year32.67%
Volatility
ATR(14)0.52
ATR(20)%2.49%
ATR Inc-78.55%
Range Today0
ADR(20)0.51
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.36
Mansfield-2.25
10 Day High23.7
10 Day Low22.01
20 Day High24.38
20 Day Low22.01
52 Week High35.03
52 Week Low19.06
CS1 End22.25
CR1 Start22.55
Volume & EV
DER(3)4.87%
DER(5)3.25%
Volume1.60K
Volume Incr-53.02%
Vol(5)3.96K
Vol(50)9.48K