EMBRAER SA-SPON ADR (ERJ) Stock Technical Analysis
USA - NYSE:ERJ - US29082A1079 - ADR
We assign a technical rating of 10 out of 10 to ERJ. Both in the recent history as in the last year, ERJ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ERJ has an excellent technical rating, the quality of the presented setup is not ideal 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
53.17
We found 3 important support areas.
- A support zone ranging from 58.28 to 59.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.66 to 56.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.71 to 53.93. This zone is formed by a combination of multiple trend lines 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 ERJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERJ is up. |
| ChartMill Relative Strength | 91.54 | POSITIVE | ERJ has a high relative strength, it outperformed 91.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.21 | NEUTRAL | The RSI value for ERJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ERJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.79 | NEUTRAL | The Stochastics value for ERJ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ERJ suggests some volalility. |
| Average Directional Index/ADX (14) | 33.14 | POSITIVE | The high ADX value value for ERJ suggests a strong trend. |
64.48
-0.74 (-1.13%)
EMBRAER SA-SPON ADR / ERJ FAQ
What is the technical rating for ERJ stock?
ChartMill assigns a technical rating of 10 / 10 to ERJ.
What is the current trend direction of EMBRAER SA-SPON ADR (ERJ) stock?
The current trend direction for EMBRAER SA-SPON ADR (ERJ) is Bullish.
What is the RSI signal for EMBRAER SA-SPON ADR (ERJ) stock?
EMBRAER SA-SPON ADR (ERJ) has an RSI value of 60.2106. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EMBRAER SA-SPON ADR?
The MACD indicator for EMBRAER SA-SPON ADR (ERJ) has a value of 0.388589, indicating a bearish trend.
Can you provide the support and resistance levels for EMBRAER SA-SPON ADR?
EMBRAER SA-SPON ADR (ERJ) has a support level at 59.57. Check the full technical report for our detailed analysis of ERJ support and resistance levels.