EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EMR - US2910111044 - Common Stock
Taking everything into account, EMR scores 6 out of 10 in our technical rating. In the last year, EMR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EMR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 135.03, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
93.04
5 important support areas can be observed.
- A support zone ranging from 132.86 to 135.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @128.24 from a trend line in the daily time frame.
- A support zone ranging from 126.00 to 126.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.71 from a horizontal line in the daily 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 137.47 to 138.53. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for EMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMR is up. |
| ChartMill Relative Strength | 61.73 | NEUTRAL | EMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMR is above 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) | 54.38 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.53 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for EMR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for EMR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 138.54 | 132.85 | 5.69 (4.11%) | 24.35% |
| An entry @138.54. This is a Buy Stop order right above the resistance zone. | An exit @132.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.69 points, which is 4.11%. | For a 1.00% total portfolio risk, you can invest 24.35% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
135.71
-0.59 (-0.43%)
EMERSON ELECTRIC CO / EMR FAQ
Can you provide the ChartMill technical rating for EMERSON ELECTRIC CO?
ChartMill assigns a technical rating of 6 / 10 to EMR.
What is the trend direction for EMR stock?
The current trend direction for EMERSON ELECTRIC CO (EMR) is Bullish.
What is the RSI signal for EMERSON ELECTRIC CO (EMR) stock?
EMERSON ELECTRIC CO (EMR) has an RSI value of 54.3764. 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 -0.0402727, indicating a bearish trend.
What is the short term momentum for EMR stock?
The short term momentum for EMERSON ELECTRIC CO (EMR) is positive.