EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
NYSE:EMR - US2910111044 - Common Stock
132 USD
-2.55 (-1.9%)
132 USD
0 (0%)
We assign a technical rating of 4 out of 10 to EMR. EMR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
EMR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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 3250220 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, 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, EMR did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EMR is an average performer in the Electrical Equipment industry, it outperforms 56% of 93 stocks in the same industry.
Although the technical rating is only medium, EMR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 131.74, a Stop Loss order could be placed below this zone.
More info and screens
93.04
151.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 130.08 to 131.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.89 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 2 important areas.
- A resistance zone ranging from 132.39 to 133.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for EMR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMR is down. |
| ChartMill Relative Strength | 78.52 | POSITIVE | EMR has a high relative strength, it outperformed 78.52% 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) | 42.21 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.52 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for EMR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.37 | 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
-2.55 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.9%
1 Week-1.32%
2 Weeks0.19%
1 Month-6.9%
3 Month10.57%
6 Month8.54%
12 Month25.25%
2 Year34.35%
3 Year61.49%
5 Year90.01%
10 Year176.61%
15 Year182.96%
Volatility
ATR(14)2.16
ATR(20)%2.32%
ATR Inc10.58%
Range Today3.02
ADR(20)2.71
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.52
Mansfield-0.01
10 Day High135.09
10 Day Low129.9
20 Day High143.14
20 Day Low123.71
52 Week High150.27
52 Week Low90.06
CS1 End131.74
CR1 Start132.39
Volume & EV
DER(3)0.68%
DER(5)0.51%
Volume2.35M
Volume Incr-28.75%
Vol(5)2.77M
Vol(50)3.25M