Embark Technology Inc (EMBK) Stock Technical Analysis
NASDAQ:EMBK - Nasdaq - US29079J2024 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to EMBK. In the past year, EMBK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than EMBK.
EMBK is one of the lesser performing stocks in the Software industry. 77% of 283 stocks in the same industry do better.
EMBK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EMBK is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EMBK has a been trading in a tight range between 2.78 and 2.89.
Volume is considerably higher in the last couple of days.
The technical rating of EMBK is bad and it also does not present a quality setup 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
2.46
4.18
We found 2 important support areas.
- A support zone ranging from 2.77 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.48 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @3.01 from a horizontal line in the daily time frame.
- Resistance @3.06 from a horizontal line in the daily time frame.
- Resistance @4.14 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.55
Mansfield-4.68
10 Day High2.89
10 Day Low2.78
20 Day High2.89
20 Day Low2.78
52 Week High26.2
52 Week Low2.02
Performance
1 Week2.49%
2 Weeks0.35%
1 Month1.05%
3 Month1.05%
6 Month-49.12%
12 Month-74.74%
2 YearN/A
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
RSI(14)58.65
LBB2.8
UBB2.9
2.88
+0.01 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.35%
1 Week2.49%
2 Weeks0.35%
1 Month1.05%
3 Month1.05%
6 Month-49.12%
12 Month-74.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.82%
ATR Inc-40%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.55
Mansfield-4.68
10 Day High2.89
10 Day Low2.78
20 Day High2.89
20 Day Low2.78
52 Week High26.2
52 Week Low2.02
CS1 End2.85
CR1 Start2.89
Volume & EV
DER(3)4.51%
DER(5)1.38%
Volume131.70K
Volume Incr158.03%
Vol(5)452.54K
Vol(50)298.85K