EMERA INC (EMA.CA) Stock Technical Analysis
TSX:EMA - Toronto Stock Exchange - CA2908761018 - Common Stock - Currency: CAD
Taking everything into account, EMA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EMA did better than 84% of all other stocks. On top of that, EMA also shows a nice and consistent pattern of rising prices.
EMA is part of the Electric Utilities industry. There are 19 other stocks in this industry. EMA outperforms 88% of them.
EMA 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 slightly outperforms the market at the moment.
In the last month EMA has a been trading in the 56.59 - 63.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EMA has an average volume of 1283130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EMA 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. There is a support zone below the current price at 59.05, a Stop Loss order could be placed below this zone.
More info and screens
43.86
62.89
When analyzing the support we can see 5 important areas.
- A support zone ranging from 56.80 to 59.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.76 from a trend line in the daily time frame.
- Support @52.47 from a horizontal line in the weekly time frame.
- Support @48.81 from a horizontal line in the daily time frame.
- Support @44.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.42 to 62.27. This zone is formed by a combination of multiple trend lines 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
CRS84.66
Mansfield1.95
10 Day High61.83
10 Day Low58.56
20 Day High63.13
20 Day Low56.59
52 Week High63.13
52 Week Low44.13
Performance
1 Week0.62%
2 Weeks4.76%
1 Month3.68%
3 Month12.43%
6 Month15.58%
12 Month32.26%
2 Year6.52%
3 Year-1%
5 Year10.83%
10 Year51.03%
15 Year159.55%
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)0.12
RSI(14)62.07
LBB57.52
UBB62.35
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 |
|---|---|---|---|
| 62.28 | 58.55 | 3.73 (5.99%) | 16.70% |
| An entry @62.28. This is a Buy Stop order right above the resistance zone. | An exit @58.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.73 points, which is 5.99%. | When investing 16.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (4/25/2025, 7:00:00 PM)
61.41
+0.27 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.44%
1 Week0.62%
2 Weeks4.76%
1 Month3.68%
3 Month12.43%
6 Month15.58%
12 Month32.26%
2 Year6.52%
3 Year-1%
5 Year10.83%
10 Year51.03%
15 Year159.55%
Volatility
ATR(14)1.32
ATR(20)%2.2%
ATR Inc-47.28%
Range Today0.77
ADR(20)1.31
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.66
Mansfield1.95
10 Day High61.83
10 Day Low58.56
20 Day High63.13
20 Day Low56.59
52 Week High63.13
52 Week Low44.13
CS1 End59.05
CR1 Start61.42
Volume & EV
DER(3)-2.24%
DER(5)-1.8%
Volume759.40K
Volume Incr-38.81%
Vol(5)930.44K
Vol(50)1.28M