EME Technical Signal Analysis
EME have 1 buy signal and 3 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is +5.88%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of EME over last 5 trading day is $228,499,887.34
1 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 5-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-54.74
Bearish
Momentum (10 days)
MOM_10 < 0
-38.49
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-21.26
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 5-day SMA
--
Bullish
EME Support and Resistance Level
The support levels for EME are at 362.16, 345.96, and 319.75, while the resistance levels are at 414.58, 430.77, and 456.98. With the current stock price at 372.83, it is leaning more toward the support levels.
EME Technical Analysis
Technical Analysis of EME Stock
Price Overview
As of the latest data, EME stock closed at $375.35, with a high of $382.62 and a low of $363.8 during the trading session. The stock has shown a slight increase in the regular market, up 0.13%, and a small gain in pre-market, 0.27%.
Technical Indicators
- RSI (6, 12, 14): 27.56, 31.80, 32.75 (all below 30, indicating oversold conditions).
- Stochastic Oscillator (14, 3, 3): K at 16.30 and D at 17.57 (both in the oversold zone).
- MACD (12, 26, 9): -20.89, with the signal line at -2.49 (bearish momentum).
- Bollinger Bands (20, 3): Width of 18.05, with the upper band at 492.60 and the lower at 338.21 (stock is near the lower band).
Moving Averages
- SMA (20): $415.41
- SMA (50): $454.56
- SMA (200): $424.29
The stock is currently below the 20-day and 50-day moving averages, indicating a downtrend.
Fibonacci Levels
- Pivot: $397.43
- R1: $424.10
- R2: $440.58
- S1: $370.75
- S2: $354.27
Price Targets
Based on the Fibonacci levels and oversold conditions, the stock may find resistance at $424.10 and support at $370.75.
Recommendation
Sell EME stock at the current price of $375.35, with a target price of $370.75. Set a stop-loss at $382.62 to limit potential losses.
Disclaimer
This analysis does not constitute financial advice and should not be considered as a recommendation to buy or sell EME stock. Always do your own research or consult with a financial advisor before making investment decisions.
EME FAQs
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Which bearish technical signals does EME have?
How reliable is technical analysis?
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Is EME a buy based on overall technical signals summary?
EME Buy or Sell
EME has 1 buy signals and 3 sell signals now. Overall the technical rating for EME is Sell.
Sell
Sell
3
Buy
1
EME Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 372.83 below the SMA_5. In the short term, the stock shows a negative trend with the 373.27 below the SMA_20. In the mid term, the stock shows a negative trend with the 402.49 below the SMA_60. In the long term, the stock shows a positive trend with the 449.26 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about EME's current trend?What are EME's key support and resistance levels?