We assign a technical rating of 7 out of 10 to EMCS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although EMCS has an excellent technical rating, it does not present a decent entry opportunity 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.
33.07
We found 2 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EMCS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMCS is neutral. |
| ChartMill Relative Strength | 81.31 | POSITIVE | EMCS has a high relative strength, it outperformed 81.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMCS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.25 | NEUTRAL | The RSI value for EMCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMCS has a negative trend. |
| Stochastics (14,3) | 30.95 | NEUTRAL | The Stochastics value for EMCS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for EMCS suggests low volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for EMCS suggests a weak or negative trend. |
34.7173
-0.23 (-0.66%)
ChartMill assigns a technical rating of 7 / 10 to EMCS.
The current trend direction for XTRACKERS MSCI EMERGING MARK (EMCS) is Bullish.
XTRACKERS MSCI EMERGING MARK (EMCS) has an RSI value of 43.2516. This indicates that the stock is currently neutral.
The MACD indicator for XTRACKERS MSCI EMERGING MARK (EMCS) has a value of -0.0195456, indicating a bearish trend.
XTRACKERS MSCI EMERGING MARK (EMCS) has a support level at 34.55 and a resistance level at 34.95. Check the full technical report for our detailed analysis of EMCS support and resistance levels.