


Technical Sentiment Analysis for First Trust North American Energy Infrastructure Fund (EMLP). As of 2026-05-04, First Trust North American Energy Infrastructure Fund (EMLP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EMLP stands at 62.71, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.22, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.52 and the Commodity Channel Index (CCI) at 114.97 further confirm a 1.39 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EMLP is trading above its 60-day moving average of $43.42 and above its 200-day long-term moving average of $39.78. Key price levels to watch include the immediate resistance at $44.8 and strong support at $42.7. A break above $44.8 could signal a bull continuation, while falling below $42.7 may test the next Fibonacci floor at $41.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 40.6 | 41.63 | 42.7 | 43.73 | 44.8 | 45.83 | 46.9 |
| Fibonacci | 41.63 | 42.43 | 42.93 | 43.73 | 44.53 | 45.03 | 45.83 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 62.71 |
| Stochastic Oscillator | 89.52 |
| Stochastic RSI | 82.76 |
| Commodity Channel Index (CCI) | 114.97 |
| Awesome Oscillator | 0.48 |
| Momentum | 1.39 |
| MACD | 0.22 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 44.26 | Buy |
| 10-Day | 43.76 | Buy |
| 20-Day | 43.7 | Buy |
| 60-Day | 43.42 | Buy |
| 200-Day | 39.78 | Buy |
| 250-Day | 39.23 | Buy |