FIRST TRUST NORTH AMERICAN E (EMLP) Technical Analysis
NYSEARCA:EMLP • US33738D1019
Current stock price
EMLP Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to EMLP. EMLP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- EMLP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EMLP is lagging the market slightly.
- 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 67% of all stocks.
- In the last month EMLP has a been trading in a tight range between 42.66 and 44.74.
EMLP Weekly and Daily overview Charts
EMLP Setup Rating and Analysis
EMLP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 43.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMLP 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
EMLP Support and Resistance Analysis
36.76
We found 4 important support areas.
- A support zone ranging from 42.72 to 43.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.17 from a trend line in the weekly time frame.
- Strong support @38.34 from a horizontal line in the daily time frame.
- A support zone ranging from 37.13 to 37.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.51 to 44.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EMLP 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 EMLP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMLP is neutral. |
| ChartMill Relative Strength | 67.24 | NEUTRAL | EMLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EMLP is below 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) | 51.33 | NEUTRAL | The RSI value for EMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EMLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.89 | NEUTRAL | The Stochastics value for EMLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for EMLP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for EMLP suggests a weak or negative trend. |
EMLP Chart- and CandleStick Pattern Analysis
EMLP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:EMLP (4/24/2026, 8:04:00 PM)
43.49
-0.07 (-0.16%)
FIRST TRUST NORTH AMERICAN E / EMLP TA FAQ
What is the ChartMill technical rating of FIRST TRUST NORTH AMERICAN E (EMLP) stock?
ChartMill assigns a technical rating of 5 / 10 to EMLP.
What is the trend direction for EMLP stock?
The current trend direction for FIRST TRUST NORTH AMERICAN E (EMLP) is Bullish.
What is the RSI signal for EMLP stock?
FIRST TRUST NORTH AMERICAN E (EMLP) has an RSI value of 51.3269. This indicates that the stock is currently neutral.
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 43.32 and a resistance level at 43.51. Check the full technical report for our detailed analysis of EMLP support and resistance levels.