EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
USA - NYSE:EMR - US2910111044 - Common Stock
132.34 USD
+0.43 (+0.33%)
132.15 USD
-0.19 (-0.14%)
We assign a technical rating of 5 out of 10 to EMR. In the last year, EMR was one of the better performers, but we do observe some doubts in the very recent evolution.
EMR is one of the lesser performing stocks in the Electrical Equipment industry. 60% of 92 stocks in the same industry do better.
Looking at the yearly performance, EMR did better than 71% of all other stocks.
In the last month EMR has a been trading in the 128.00 - 137.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EMR has an average volume of 3226070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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.
Although the technical rating is only medium, EMR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 129.02 to 131.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.22 from a trend line in the weekly time frame.
- Support @93.98 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 132.85 to 136.79. 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 | 71.09 | POSITIVE | EMR has a high relative strength, it outperformed 71.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EMR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EMR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EMR has a positive trend. |
| Stochastics (14,3) | 38.74 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for EMR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.22 | NEUTRAL | The ADX value for EMR suggests a possible start of a new 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)
132.34
+0.43 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.33%
1 Week-2.04%
2 Weeks-0.16%
1 Month1.73%
3 Month3.12%
6 Month17%
12 Month25.85%
2 Year37.04%
3 Year80.74%
5 Year101.83%
10 Year199.62%
15 Year151.31%
Volatility
ATR(14)3.09
ATR(20)%2.14%
ATR Inc-43.87%
Range Today1.83
ADR(20)2.61
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.09
Mansfield-0.32
10 Day High137.68
10 Day Low128
20 Day High137.68
20 Day Low128
52 Week High150.27
52 Week Low90.06
CS1 End131.74
CR1 Start132.85
Volume & EV
DER(3)0.94%
DER(5)0.55%
Volume3.77M
Volume Incr53.36%
Vol(5)4.00M
Vol(50)3.23M