NYSEARCA:EMBD - NYSE Arca - US37954Y3505 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to EMBD. EMBD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, EMBD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.79, a Stop Loss order could be placed below this zone.
21.74
We found 1 important support area.
When analyzing the resistance we notice one important area.
NYSEARCA:EMBD (4/28/2025, 3:25:14 PM)
22.81
-0.04 (-0.18%)