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. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EMR is only an average performer.
EMR has an average technical rating and also the quality of the setup is only medium 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
122.47
4 important support areas can be observed.
- A support zone ranging from 133.23 to 135.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @128.99 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.
We found 1 important resistance area.
- A resistance zone ranging from 137.47 to 138.12. 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 | NEUTRAL | NEUTRAL | The short term trend for EMR is neutral. |
| ChartMill Relative Strength | 61.65 | 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) | 54.06 | NEUTRAL | The RSI value for EMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests EMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.75 | NEUTRAL | The Stochastics value for EMR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for EMR suggests low volalility. |
| Average Directional Index/ADX (14) | 10.37 | NEGATIVE | The low ADX value for EMR suggests a weak or negative trend. |
135.82
+3.1 (+2.34%)
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.
Can you provide the trend direction for EMERSON ELECTRIC CO?
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 54.0551. This indicates that the stock is currently neutral.
What are the support and resistance levels for EMERSON ELECTRIC CO (EMR) stock?
EMERSON ELECTRIC CO (EMR) has a support level at 135.38 and a resistance level at 137.47. Check the full technical report for our detailed analysis of EMR support and resistance levels.