EMERITA RESOURCES CORP (EMO.CA) Stock Technical Analysis
TSX-V:EMO - TSX Venture Exchange - CA29102L4064 - Common Stock - Currency: CAD
Taking everything into account, EMO scores 2 out of 10 in our technical rating. Although EMO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that EMO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EMO is an average performer in the Metals & Mining industry, it outperforms 65% of 796 stocks in the same industry.
EMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMO is lagging the market slightly.
In the last month EMO has a been trading in the 0.96 - 1.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EMO is bad and it also does not present a 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
0.65
1.19
We found 4 important support areas.
- Support @1.09 from a horizontal line in the weekly time frame.
- Support @1.07 from a horizontal line in the daily time frame.
- Support @0.79 from a trend line in the weekly time frame.
- Support @0.66 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for EMO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMO.CA is down. |
| ChartMill Relative Strength | 81.37 | POSITIVE | EMO.CA has a high relative strength, it outperformed 81.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.3 | NEUTRAL | The RSI value for EMO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EMO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.58 | NEUTRAL | The Stochastics value for EMO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for EMO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for EMO.CA 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)
TSX-V:EMO (5/28/2025, 7:00:00 PM)
1.115
-0.01 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.45%
1 Week0.45%
2 Weeks-5.51%
1 Month-7.85%
3 Month-24.15%
6 Month68.94%
12 Month63.97%
2 Year153.41%
3 Year-34.8%
5 Year1615.38%
10 Year346%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.67%
ATR Inc-12.99%
Range Today0.04
ADR(20)0.06
ADR(20)%5.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.37
Mansfield1.5
10 Day High1.21
10 Day Low0.96
20 Day High1.3
20 Day Low0.96
52 Week High2
52 Week Low0.46
CS1 End1.09
CR1 Start1.12
Volume & EV
DER(3)3.24%
DER(5)-2.61%
Volume303.52K
Volume Incr66.41%
Vol(5)417.94K
Vol(50)372.28K