EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
NYSE:EMR - New York Stock Exchange, Inc. - US2910111044 - Common Stock - Currency: USD
Overall EMR gets a technical rating of 7 out of 10. EMR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that EMR is one of the better performing stocks in the market, outperforming 82% of all stocks.
EMR 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 EMR is lagging the market slightly.
EMR has an average volume of 3269770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EMR is part of the Electrical Equipment industry. There are 93 other stocks in this industry, EMR did better than 61% of them.
In the last month EMR has a been trading in the 123.71 - 150.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EMR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
93.04
151.14
3 important support areas can be observed.
- A support zone ranging from 132.80 to 132.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @96.56 from a trend line in the weekly time frame.
- Support @93.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 149.64 to 149.64. 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 | NEUTRAL | NEUTRAL | The long term trend for EMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMR is neutral. |
| ChartMill Relative Strength | 82.05 | POSITIVE | EMR has a high relative strength, it outperformed 82.05% 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) | 34.91 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.13 | NEGATIVE | The MACD value suggests EMR has a negative trend. |
| Stochastics (14,3) | 27.94 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for EMR suggests some volalility. |
| Average Directional Index/ADX (14) | 42.29 | POSITIVE | The high ADX value value for EMR 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)
132.83
-1.1 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.82%
1 Week-8.71%
2 Weeks-9.53%
1 Month-5.57%
3 Month18.02%
6 Month6.8%
12 Month28.1%
2 Year35.2%
3 Year62.5%
5 Year91.2%
10 Year178.35%
15 Year184.74%
Volatility
ATR(14)3.94
ATR(20)%2.57%
ATR Inc288.25%
Range Today4.99
ADR(20)2.9
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.05
Mansfield0.31
10 Day High150.27
10 Day Low123.71
20 Day High150.27
20 Day Low123.71
52 Week High150.27
52 Week Low90.06
CS1 End132.82
CR1 Start149.64
Volume & EV
DER(3)0.93%
DER(5)1.77%
Volume5.12M
Volume Incr124.74%
Vol(5)6.41M
Vol(50)3.27M