FIRST TRUST NORTH AMERICAN E (EMLP) Stock Technical Analysis
USA - NYSEARCA:EMLP - US33738D1019 - ETF
37.95 USD
+0.24 (+0.64%)
We assign a technical rating of 5 out of 10 to EMLP. In the last year, EMLP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about 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 59% of all stocks.
In the last month EMLP has a been trading in a tight range between 37.54 and 38.59.
Although the technical rating is only medium, EMLP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 37.94, a Stop Loss order could be placed below this zone.
More info and screens
34.19
38.91
3 important support areas can be observed.
- A support zone ranging from 36.99 to 37.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.09 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 38.07 to 38.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for EMLP is neutral. |
| ChartMill Relative Strength | 59.33 | NEUTRAL | EMLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EMLP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EMLP is above a declining 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) | 48.2 | NEUTRAL | The RSI value for EMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EMLP has a negative trend. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for EMLP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for EMLP suggests low volalility. |
| Average Directional Index/ADX (14) | 14.89 | NEGATIVE | The low ADX value for EMLP 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)
NYSEARCA:EMLP (10/13/2025, 8:04:00 PM)
37.95
+0.24 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week-1.02%
2 Weeks-0.73%
1 Month0.03%
3 Month0.61%
6 Month4.81%
12 Month9.78%
2 Year44.24%
3 Year42.08%
5 Year93.03%
10 Year64.43%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%0.89%
ATR Inc39.47%
Range Today0.29
ADR(20)0.32
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.33
Mansfield-0.7
10 Day High38.59
10 Day Low37.68
20 Day High38.59
20 Day Low37.54
52 Week High38.59
52 Week Low32.62
CS1 End37.94
CR1 Start38.07
Volume & EV
DER(3)0.12%
DER(5)-2.59%
Volume137.60K
Volume Incr-28.16%
Vol(5)170.04K
Vol(50)200.73K