NASDAQ:EMB - Nasdaq - US4642882819 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to EMB. EMB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, EMB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 90.97, a Stop Loss order could be placed below this zone.
86.32
When analyzing the support we notice one important area.
We found 1 important resistance area.
90.99
+0.25 (+0.28%)