EMBECTA CORP (EMBC)
US29082K1051 - Common Stock
Taking everything into account, EMBC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EMBC 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.
EMBC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 83% of 187 stocks in the same industry.
EMBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EMBC is leading the market.
Looking at the yearly performance, EMBC did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month EMBC has a been trading in the 18.92 - 21.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EMBC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMBC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.45
21.04
We found 5 important support areas.
- A support zone ranging from 19.24 to 19.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.35 from a horizontal line in the daily time frame.
- Support @14.42 from a trend line in the daily time frame.
- Support @14.10 from a trend line in the weekly time frame.
- Support @13.59 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.83 to 20.83. 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
CRS88
Mansfield2.88
10 Day High20.87
10 Day Low19
20 Day High21.48
20 Day Low18.92
52 Week High21.48
52 Week Low9.93
Performance
1 Week3.66%
2 Weeks5.18%
1 Month0.53%
3 Month46.19%
6 Month65.6%
12 Month9.35%
2 Year-18.15%
3 YearN/A
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)-0.1
RSI(14)67.23
LBB19.32
UBB20.83
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 |
|---|---|---|---|
| 20.84 | 19.23 | 1.61 (7.73%) | 12.94% |
| An entry @20.84. This is a Buy Stop order right above the resistance zone. | An exit @19.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.61 points, which is 7.73%. | For a 1.00% total portfolio risk, you can invest 12.94% of your capital in this trade. |
- 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.
EMBECTA CORP
NASDAQ:EMBC (12/27/2024, 8:16:07 PM)
After market: 20.7 0 (0%)20.7
-0.13 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.62%
1 Week3.66%
2 Weeks5.18%
1 Month0.53%
3 Month46.19%
6 Month65.6%
12 Month9.35%
2 Year-18.15%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%4.24%
ATR Inc-13.12%
Range Today0.57
ADR(20)0.87
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88
Mansfield2.88
10 Day High20.87
10 Day Low19
20 Day High21.48
20 Day Low18.92
52 Week High21.48
52 Week Low9.93
CS1 End19.24
CR1 Start20.83
Volume & EV
DER(3)3.82%
DER(5)4.2%
Volume352.00K
Volume Incr7.98%
Vol(5)541.68K
Vol(50)390.67K