EMERA INC - EMACN 4 1/4 PERP (EMA-PR-J.CA) Stock Technical Analysis
TSX:EMA-PR-J - Toronto Stock Exchange - CA2908768468 - Currency: CAD
We assign a technical rating of 8 out of 10 to EMA-PR-J. Both in the recent history as in the last year, EMA-PR-J has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: EMA-PR-J has an average volume of 5763 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that EMA-PR-J is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, EMA-PR-J also shows a nice and consistent pattern of rising prices.
EMA-PR-J is one of the better performing stocks in the Electric Utilities industry, it outperforms 83% of 19 stocks in the same industry.
EMA-PR-J is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EMA-PR-J slightly outperforms the market at the moment.
In the last month EMA-PR-J has a been trading in a tight range between 23.25 and 24.18.
Considerably lower volume is observed in the last couple of days.
EMA-PR-J has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
19.80
24.42
When analyzing the support we can see 4 important areas.
- Support @22.19 from a trend line in the weekly time frame.
- A support zone ranging from 21.19 to 21.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.56 to 20.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.00 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.55 to 24.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.81
Mansfield0.66
10 Day High23.98
10 Day Low23.25
20 Day High24.18
20 Day Low23.25
52 Week High24.18
52 Week Low19.92
Performance
1 Week-0.21%
2 Weeks-2.61%
1 Month0.08%
3 Month7.58%
6 Month11.08%
12 Month17.75%
2 Year4.9%
3 Year-8.19%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)50.07
LBB23.17
UBB24.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.56 | 23.24 | 0.32 (1.36%) | 25.00% |
| An entry @23.56. This is a Buy Stop order right above the 10 day moving average. | An exit @23.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 1.36%. | For a 0.34% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EMA-PR-J. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EMA-PR-J (3/7/2025, 7:00:00 PM)
23.55
+0.2 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.86%
1 Week-0.21%
2 Weeks-2.61%
1 Month0.08%
3 Month7.58%
6 Month11.08%
12 Month17.75%
2 Year4.9%
3 Year-8.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.06%
ATR Inc-60.89%
Range Today0
ADR(20)0.15
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.81
Mansfield0.66
10 Day High23.98
10 Day Low23.25
20 Day High24.18
20 Day Low23.25
52 Week High24.18
52 Week Low19.92
CS1 End22.19
CR1 Start23.55
Volume & EV
DER(3)0.98%
DER(5)0.59%
Volume1.10K
Volume Incr-61.53%
Vol(5)3.60K
Vol(50)5.76K