EMERSON ELECTRIC CO (EMR) Technical Analysis
NYSE:EMR • US2910111044
We assign a technical rating of 4 out of 10 to EMR. Although EMR 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.
- In the last month EMR has a been trading in the 134.65 - 165.15 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that EMR is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by EMR over the past year are nicely spread over this period.
- EMR has an average volume of 3456890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- EMR is an average performer in the Electrical Equipment industry, it outperforms 51% of 91 stocks in the same industry.
- EMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMR is lagging the market.
EMR has an average technical rating and also the quality of the setup is only medium 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
124.74
We found 3 important support areas.
- Support @138.98 from a trend line in the daily time frame.
- Support @135.00 from a horizontal line in the daily time frame.
- Support @126.00 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 143.37 to 147.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @152.73 from a horizontal line 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 EMR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMR is down. |
| ChartMill Relative Strength | 73.97 | POSITIVE | EMR has a high relative strength, it outperformed 73.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EMR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.51 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.4 | NEGATIVE | The MACD value suggests EMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.54 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for EMR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for EMR suggests a weak or negative trend. |
EMR Technicals: Chart, Performance Metrics, Trend & Indicators
139.57
-0.53 (-0.38%)
EMERSON ELECTRIC CO / EMR FAQ
Can you provide the ChartMill technical rating for EMERSON ELECTRIC CO?
ChartMill assigns a technical rating of 4 / 10 to EMR.
Can you provide the trend direction for EMERSON ELECTRIC CO?
The current trend direction for EMERSON ELECTRIC CO (EMR) is Bearish.
What is the RSI signal for EMERSON ELECTRIC CO (EMR) stock?
EMERSON ELECTRIC CO (EMR) has an RSI value of 40.5055. This indicates that the stock is currently neutral.
What are the support and resistance levels for EMERSON ELECTRIC CO (EMR) stock?
EMERSON ELECTRIC CO (EMR) has a support level at 138.98 and a resistance level at 143.37. Check the full technical report for our detailed analysis of EMR support and resistance levels.