EURASIAN MINERALS INC (EMXX) Stock Technical Analysis
NYSEARCA:EMXX • CA29843R1001
Taking everything into account, EMXX scores 3 out of 10 in our technical rating. Although EMXX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month EMXX has a been trading in the 0.88 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that EMXX is one of the better performing stocks in the market, outperforming 92% of all stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- EMXX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMXX is lagging the market.
The technical rating of EMXX 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
0.87
When analyzing the support we notice one important area.
- A support zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 0.93 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.01 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for EMXX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMXX is down. |
| ChartMill Relative Strength | 92.44 | POSITIVE | EMXX has a high relative strength, it outperformed 92.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EMXX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.85 | NEUTRAL | The RSI value for EMXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EMXX has a negative trend. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for EMXX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for EMXX suggests some volalility. |
NYSEARCA:EMXX (12/23/2016, 8:04:02 PM)
0.89
-0.01 (-1.11%)
EURASIAN MINERALS INC / EMXX FAQ
What is the ChartMill technical rating of EURASIAN MINERALS INC (EMXX) stock?
ChartMill assigns a technical rating of 2 / 10 to EMXX.
What is the current trend direction of EURASIAN MINERALS INC (EMXX) stock?
The current trend direction for EURASIAN MINERALS INC (EMXX) is Bearish.
What is the RSI signal for EMXX stock?
EURASIAN MINERALS INC (EMXX) has an RSI value of 36.8547. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EURASIAN MINERALS INC?
The short term momentum for EURASIAN MINERALS INC (EMXX) is negative.
What is the support and resistance level for EMXX stock?
EURASIAN MINERALS INC (EMXX) has a support level at 0.88 and a resistance level at 0.9. Check the full technical report for our detailed analysis of EMXX support and resistance levels.