


Technical Sentiment Analysis for First Trust North American Energy Infrastructure Fund (EMLP). As of 2026-05-22, First Trust North American Energy Infrastructure Fund (EMLP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 11 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EMLP stands at 59.23, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.17, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.63 and the Commodity Channel Index (CCI) at 99.09 further confirm a 1.5 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EMLP is trading above its 60-day moving average of $43.76 and above its 200-day long-term moving average of $40.2. Key price levels to watch include the immediate resistance at $44.69 and strong support at $43.23. A break above $44.69 could signal a bull continuation, while falling below $43.23 may test the next Fibonacci floor at $42.46.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 41.77 | 42.46 | 43.23 | 43.93 | 44.69 | 45.39 | 46.15 |
| Fibonacci | 42.46 | 43.02 | 43.37 | 43.93 | 44.48 | 44.83 | 45.39 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.23 |
| Stochastic Oscillator | 76.63 |
| Stochastic RSI | 71.09 |
| Commodity Channel Index (CCI) | 99.09 |
| Awesome Oscillator | 0.43 |
| Momentum | 1.5 |
| MACD | 0.17 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 44.26 | Buy |
| 10-Day | 44 | Buy |
| 20-Day | 43.97 | Buy |
| 60-Day | 43.76 | Buy |
| 200-Day | 40.2 | Buy |
| 250-Day | 39.63 | Buy |