Taking everything into account, EMLP scores 7 out of 10 in our technical rating. Although EMLP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although EMLP has an excellent technical rating, it does not offer a high 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
34.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.55 to 38.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.49 from a horizontal line in the daily time frame.
- Support @34.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.27 to 39.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EMLP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMLP is up. |
| ChartMill Relative Strength | 57.88 | NEUTRAL | EMLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.76 | OVERBOUGHT | The high RSI value suggests EMLP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EMLP has a positive trend. |
| Stochastics (14,3) | 91.75 | OVERBOUGHT | The high Stochastics value suggests EMLP may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for EMLP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for EMLP suggests a possible start of a new trend. |
NYSEARCA:EMLP (11/28/2025, 8:25:51 PM)
39.26
+0.33 (+0.85%)
FIRST TRUST NORTH AMERICAN E / EMLP FAQ
What is the ChartMill technical rating of FIRST TRUST NORTH AMERICAN E (EMLP) stock?
ChartMill assigns a technical rating of 7 / 10 to EMLP.
Can you provide the trend direction for FIRST TRUST NORTH AMERICAN E?
The current trend direction for FIRST TRUST NORTH AMERICAN E (EMLP) is Bullish.
Can you provide the RSI signal for FIRST TRUST NORTH AMERICAN E?
FIRST TRUST NORTH AMERICAN E (EMLP) has an RSI value of 70.7612. This indicates that the stock is currently overbought.
What is the MACD signal for EMLP stock?
The MACD indicator for FIRST TRUST NORTH AMERICAN E (EMLP) has a value of 0.0906037, indicating a bearish trend.
What is the buy/sell signal for EMLP stock?
The buy/sell signal for FIRST TRUST NORTH AMERICAN E (EMLP) is buy as both the short term and long term trends are positive.