EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
USA - NYSE:EMR - US2910111044 - Common Stock
Taking everything into account, EMR scores 2 out of 10 in our technical rating. EMR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of EMR is bad and it also does not present a 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
93.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 128.02 to 129.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 126.00 to 126.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.98 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 130.67 to 132.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 137.47 to 140.04. 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 | DOWN | NEGATIVE | The short term trend for EMR is down. |
| ChartMill Relative Strength | 40.77 | NEUTRAL | EMR is not amongst the best or worst performers 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) | 41.81 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests EMR has a negative trend. |
| Stochastics (14,3) | 21.93 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for EMR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for EMR suggests a possible start of a new trend. |
129.49
-2 (-1.52%)
EMERSON ELECTRIC CO / EMR FAQ
Can you provide the ChartMill technical rating for EMERSON ELECTRIC CO?
ChartMill assigns a technical rating of 2 / 10 to EMR.
What is the trend direction for EMR stock?
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 41.8062. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EMERSON ELECTRIC CO?
The MACD indicator for EMERSON ELECTRIC CO (EMR) has a value of -0.354753, indicating a bearish trend.
What is the short term momentum for EMR stock?
The short term momentum for EMERSON ELECTRIC CO (EMR) is negative.