LON:EMG - London Stock Exchange, The - JE00BJ1DLW90 - Common Stock - Currency: GBX
Taking everything into account, EMG scores 1 out of 10 in our technical rating. EMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EMG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 209.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EMG in the last couple of days, which is a good sign.
196.60
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
LON:EMG (3/7/2025, 5:36:15 PM)
209.4
-1.8 (-0.85%)