WISDOMTREE EM CORP BOND (EMCB) Stock Technical Analysis
NASDAQ:EMCB - Nasdaq - US97717X7848 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to EMCB. EMCB 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.
EMCB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EMCB has a been trading in the 63.89 - 70.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: EMCB has an average volume of 7060 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, EMCB turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
Although the technical rating is bad, EMCB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 64.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMCB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
59.85
67.76
We found 3 important support areas.
- A support zone ranging from 63.74 to 64.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 60.45 to 60.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 64.98 to 67.09. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS51.08
Mansfield-0.36
10 Day High66.41
10 Day Low64.22
20 Day High70.11
20 Day Low63.89
52 Week High73.78
52 Week Low61.83
Performance
1 Week-2.41%
2 Weeks-1.51%
1 Month-0.77%
3 Month-1.51%
6 Month-2.65%
12 Month0.4%
2 Year3.9%
3 Year-2.05%
5 Year2.54%
10 Year-9.43%
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)-0.09
RSI(14)42.75
LBB64.8
UBB66.46
64.71
-0.44 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week-2.41%
2 Weeks-1.51%
1 Month-0.77%
3 Month-1.51%
6 Month-2.65%
12 Month0.4%
2 Year3.9%
3 Year-2.05%
5 Year2.54%
10 Year-9.43%
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%1.64%
ATR Inc-7.45%
Range Today1.42
ADR(20)1
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.08
Mansfield-0.36
10 Day High66.41
10 Day Low64.22
20 Day High70.11
20 Day Low63.89
52 Week High73.78
52 Week Low61.83
CS1 End64.15
CR1 Start64.98
Volume & EV
DER(3)6.44%
DER(5)3.86%
Volume13.80K
Volume Incr35.02%
Vol(5)9.08K
Vol(50)7.06K