Emmis Communications Corp (EMMS) Technical Analysis
:EMMS
Current stock price
EMMS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to EMMS. EMMS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EMMS is a bad performer in the overall market: 94% of all stocks are doing better.
- EMMS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EMMS is lagging the market.
- In the last month EMMS has a been trading in the 1.26 - 1.99 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
EMMS Weekly and Daily overview Charts
EMMS Setup Rating and Analysis
EMMS has a poor technical rating and the quality of the setup is also not perfect 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
EMMS Support and Resistance Analysis
1.32
When analyzing the support we notice one important area.
- Support @1.33 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.56 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
EMMS 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 | DOWN | NEGATIVE | The long term trend for EMMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMMS is down. |
| ChartMill Relative Strength | 6.07 | NEGATIVE | EMMS has a low relative strength, it was outperformed by 93.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.53 | OVERSOLD | The low RSI value suggests EMMS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EMMS has a positive trend. |
| Stochastics (14,3) | 16.58 | OVERSOLD | The low Stochastics value suggests EMMS may be oversold. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for EMMS suggests high volalility. |
EMMS Chart- and CandleStick Pattern Analysis
EMMS Technicals: Chart, Performance Metrics, Trend & Indicators
1.37
+0.02 (+1.23%)
Emmis Communications Corp / EMMS TA FAQ
Can you provide the ChartMill technical rating for Emmis Communications Corp?
ChartMill assigns a technical rating of 0 / 10 to EMMS.
What is the trend direction for EMMS stock?
The current trend direction for Emmis Communications Corp (EMMS) is Bearish.
What is the RSI signal for EMMS stock?
Emmis Communications Corp (EMMS) has an RSI value of 27.527. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Emmis Communications Corp?
The short term momentum for Emmis Communications Corp (EMMS) is negative.
What is the support and resistance level for EMMS stock?
Emmis Communications Corp (EMMS) has a support level at 1.33 and a resistance level at 1.46. Check the full technical report for our detailed analysis of EMMS support and resistance levels.