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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EMA did better than 76% 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 near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month EMA has a been trading in the 55.03 - 59.57 range, which is quite wide. It is currently trading near the high of this range.
EMA has an average volume of 1453520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although EMA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.86
59.85
We found 6 important support areas.
- A support zone ranging from 54.87 to 55.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.67 from a trend line in the daily time frame.
- A support zone ranging from 51.31 to 51.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @50.18 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.96 to 59.26. 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
CRS76.56
Mansfield1.28
10 Day High59.57
10 Day Low56.62
20 Day High59.57
20 Day Low55.03
52 Week High59.57
52 Week Low44.13
Performance
1 Week1.88%
2 Weeks2.18%
1 Month5.72%
3 Month5.49%
6 Month15.29%
12 Month20.8%
2 Year6.18%
3 Year-4.87%
5 Year6.22%
10 Year43.08%
15 Year140.32%
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)0.1
RSI(14)65.1
LBB55.73
UBB59.73
TSX:EMA (3/7/2025, 7:00:00 PM)
58.95
+0.74 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.27%
1 Week1.88%
2 Weeks2.18%
1 Month5.72%
3 Month5.49%
6 Month15.29%
12 Month20.8%
2 Year6.18%
3 Year-4.87%
5 Year6.22%
10 Year43.08%
15 Year140.32%
Volatility
ATR(14)1.09
ATR(20)%1.68%
ATR Inc21.42%
Range Today1.51
ADR(20)0.96
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.56
Mansfield1.28
10 Day High59.57
10 Day Low56.62
20 Day High59.57
20 Day Low55.03
52 Week High59.57
52 Week Low44.13
CS1 End55.73
CR1 Start58.96
Volume & EV
DER(3)-0.4%
DER(5)0.47%
Volume667.79K
Volume Incr-33.27%
Vol(5)1.10M
Vol(50)1.45M