EMG MKT INTERNET ETF-USA INC (EMQQ) Stock Technical Analysis
USA - NYSEARCA:EMQQ - US3015058890 - ETF
44.13 USD
-0.33 (-0.74%)
44.13 USD
0 (0%)
Overall EMQQ gets a technical rating of 4 out of 10. In the last year, EMQQ 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.
In the last month EMQQ has a been trading in the 43.69 - 46.94 range, which is quite wide. It is currently trading near the lows of this range.
EMQQ 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 EMQQ is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, EMQQ did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EMQQ has an average technical rating and it also does not offer a high 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
36.09
47.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.78 to 43.84. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @41.73 from a trend line in the daily time frame.
- A support zone ranging from 39.83 to 40.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.45 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.21 to 44.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.75 to 46.86. 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 EMQQ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMQQ is down. |
| ChartMill Relative Strength | 70.36 | POSITIVE | EMQQ has a high relative strength, it outperformed 70.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMQQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EMQQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMQQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.49 | NEUTRAL | The RSI value for EMQQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests EMQQ has a negative trend. |
| Stochastics (14,3) | 18.85 | OVERSOLD | The low Stochastics value suggests EMQQ may be oversold. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for EMQQ suggests low volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for EMQQ suggests a strong 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)
44.13
-0.33 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week-3.79%
2 Weeks-5.37%
1 Month-5.81%
3 Month5.7%
6 Month23.13%
12 Month13.71%
2 Year56.32%
3 Year93.3%
5 Year-19.79%
10 Year92.12%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.53%
ATR Inc-19.73%
Range Today0.52
ADR(20)0.55
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.36
Mansfield0.18
10 Day High46.89
10 Day Low43.69
20 Day High46.94
20 Day Low43.69
52 Week High47
52 Week Low32.79
CS1 End43.84
CR1 Start44.21
Volume & EV
DER(3)-7.12%
DER(5)-6.67%
Volume28.30K
Volume Incr-3.82%
Vol(5)47.66K
Vol(50)36.94K