Technical Analysis

Technical Analysis of EMR Stock

Recent Price Movement

• Last Close Price (2025-02-28): $121.61
• Daily Change: +1.34%
• Fibonacci Levels:
  • Resistance 1 (R1): $124.86
  • Support 1 (S1): $119.17
  • Pivot Point: $122.01

Key Technical Indicators

• RSI (14): 43.10 (Neutral, approaching oversold levels)
• MACD (12,26,9): -1.53 (Bearish, but histogram shows weakening negative momentum)
• Stochastic Oscillator (14,3,3): 24.05 (Oversold zone, potential for reversal)
• Bollinger Bands (20,3):
  • Lower Band (Support): $115.66
  • Upper Band (Resistance): $133.02
  • Current Price Position: Near the middle band ($124.34), indicating consolidation.

Trend Analysis

• The stock is trading below its 20-day SMA ($124.34) and 200-day SMA ($115.53), suggesting a short-term bearish trend but long-term support remains intact.
• Volume Analysis: Recent trading volume is moderate, indicating no significant breakout or breakdown.

Support and Resistance Levels

• Immediate Support: $119.17 (Fibonacci S1)
• Immediate Resistance: $124.86 (Fibonacci R1)
• Critical Support: $115.66 (Bollinger Lower Band)

Outlook and Recommendation

• Short-Term: The stock is in a consolidation phase with oversold indicators suggesting a potential rebound.
• Action: If the price breaks above $124.86 with strong volume, it could signal a bullish continuation. Conversely, a drop below $119.17 may lead to further downside.
• Recommendation: Hold for now. Consider buying if the stock confirms a reversal above $124.86 or selling if it breaks below $119.17.