EMX ROYALTY CORP (EMX) Stock Technical Analysis
USA - NYSEARCA:EMX - CA26873J1075 - Common Stock
Taking everything into account, EMX scores 7 out of 10 in our technical rating. In the last year, EMX was one of the better performers, but we do observe some doubts in the very recent evolution.
EMX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for EMX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.73
3 important support areas can be observed.
- Support @3.92 from a horizontal line in the weekly time frame.
- Support @3.84 from a trend line in the daily time frame.
- Support @3.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.17 to 4.17. This zone is formed by a combination of multiple trend lines and important moving averages 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 EMX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMX is down. |
| ChartMill Relative Strength | 96.94 | POSITIVE | EMX has a high relative strength, it outperformed 96.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EMX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.06 | NEUTRAL | The RSI value for EMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.38 | NEUTRAL | The Stochastics value for EMX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for EMX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.59 | POSITIVE | The high ADX value value for EMX suggests a strong trend. |
4.16
+0.11 (+2.72%)
EMX ROYALTY CORP / EMX FAQ
What is the technical rating for EMX stock?
ChartMill assigns a technical rating of 7 / 10 to EMX.
What is the current trend direction of EMX ROYALTY CORP (EMX) stock?
The current trend direction for EMX ROYALTY CORP (EMX) is Bullish.
Can you provide the RSI signal for EMX ROYALTY CORP?
EMX ROYALTY CORP (EMX) has an RSI value of 48.0647. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EMX ROYALTY CORP?
The MACD indicator for EMX ROYALTY CORP (EMX) has a value of -0.00358617, indicating a bearish trend.
What is the support and resistance level for EMX stock?
EMX ROYALTY CORP (EMX) has a support level at 3.92 and a resistance level at 4.17. Check the full technical report for our detailed analysis of EMX support and resistance levels.