EMERSON ELECTRIC CO (EMR) Stock Technical Analysis
NYSE:EMR - New York Stock Exchange, Inc. - US2910111044 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to EMR. Both in the recent history as in the last year, EMR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
EMR is one of the better performing stocks in the Electrical Equipment industry, it outperforms 72% of 94 stocks in the same industry.
EMR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EMR has a been trading in the 117.16 - 131.33 range, which is quite wide. It is currently trading near the high of this range.
EMR has an average volume of 3050110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EMR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
EMR has an excellent technical rating, but 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
93.04
132.04
3 important support areas can be observed.
- A support zone ranging from 115.42 to 116.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @95.90 from a trend line in the weekly time frame.
- Support @93.98 from a horizontal line in the weekly 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 | 83.15 | POSITIVE | EMR has a high relative strength, it outperformed 83.15% off all stocks 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) | 72.71 | OVERBOUGHT | The high RSI value suggests EMR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EMR has a positive trend. |
| Stochastics (14,3) | 91.77 | OVERBOUGHT | The high Stochastics value suggests EMR may be overbought. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for EMR suggests low volalility. |
| Average Directional Index/ADX (14) | 36.8 | 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)
130.73
+1.32 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.02%
1 Week1.59%
2 Weeks4.08%
1 Month10.56%
3 Month20.33%
6 Month3.99%
12 Month18.67%
2 Year44.63%
3 Year64.36%
5 Year110.75%
10 Year135.85%
15 Year199.22%
Volatility
ATR(14)2.27
ATR(20)%1.72%
ATR Inc2.76%
Range Today1.69
ADR(20)2.11
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.15
Mansfield0.7
10 Day High131.33
10 Day Low124.75
20 Day High131.33
20 Day Low117.16
52 Week High134.85
52 Week Low90.06
CS1 End116.15
CR1 StartN/A
Volume & EV
DER(3)0.01%
DER(5)-1.18%
Volume2.72M
Volume Incr6.26%
Vol(5)3.12M
Vol(50)3.05M