Taking everything into account, EMLP scores 7 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, EMLP is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- EMLP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, EMLP turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- In the last month EMLP has a been trading in a tight range between 37.41 and 39.62.
Although EMLP has an excellent technical rating, the quality of the presented setup is not ideal 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
36.13
2 important support areas can be observed.
- A support zone ranging from 37.13 to 39.26. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.33 to 39.42. 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 | 53.87 | 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) | 64.76 | NEUTRAL | The RSI value for EMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests EMLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.1 | OVERBOUGHT | The high Stochastics value suggests EMLP may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for EMLP suggests low volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for EMLP suggests a strong trend. |
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 |
|---|---|---|---|
| 39.43 | 37.88 | 1.55 (3.93%) | 25.00% |
| An entry @39.43. This is a Buy Stop order right above the resistance zone. | An exit @37.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.55 points, which is 3.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
NYSEARCA:EMLP (1/23/2026, 8:04:00 PM)
39.31
-0.1 (-0.25%)
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.
What is the current trend direction of FIRST TRUST NORTH AMERICAN E (EMLP) stock?
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 64.755. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRUST NORTH AMERICAN E?
The MACD indicator for FIRST TRUST NORTH AMERICAN E (EMLP) has a value of 0.153702, indicating a bearish trend.
What are the support and resistance levels for FIRST TRUST NORTH AMERICAN E (EMLP) stock?
FIRST TRUST NORTH AMERICAN E (EMLP) has a support level at 39.26 and a resistance level at 39.33. Check the full technical report for our detailed analysis of EMLP support and resistance levels.