EMCORE CORP (EMKR)
US2908464017 - Common Stock
We assign a technical rating of 9 out of 10 to EMKR. Both in the recent history as in the last year, EMKR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
EMKR is one of the better performing stocks in the Communications Equipment industry, it outperforms 78% of 51 stocks in the same industry.
EMKR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that EMKR is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EMKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMKR is lagging the market slightly.
Besides having an excellent technical rating, EMKR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.98, a Stop Loss order could be placed below this zone.
More info and screens
2.87
3.09
When analyzing the support we notice one important area.
- A support zone ranging from 2.90 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.05 to 3.06. This zone is formed by a combination of multiple trend lines 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
CRS94.42
Mansfield0.67
10 Day High3.07
10 Day Low2.9
20 Day High3.07
20 Day Low2.89
52 Week High7.2
52 Week Low0.78
Performance
1 Week1.67%
2 Weeks1.67%
1 Month2.7%
3 Month151.24%
6 Month157.63%
12 Month-37.83%
2 Year-68.42%
3 Year-95.64%
5 Year-90%
10 Year-94.26%
15 Year-92.9%
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)-0.02
RSI(14)67.49
LBB2.93
UBB3.03
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.07 | 2.89 | 0.18 (5.86%) | 17.06% |
| An entry @3.07. This is a Buy Stop order right above the resistance zone. | An exit @2.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.18 points, which is 5.86%. | For a 1.00% total portfolio risk, you can invest 17.06% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EMCORE CORP
NASDAQ:EMKR (12/23/2024, 6:56:18 PM)
After market: 3.0694 +0.03 (+0.97%)3.04
+0.04 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.33%
1 Week1.67%
2 Weeks1.67%
1 Month2.7%
3 Month151.24%
6 Month157.63%
12 Month-37.83%
2 Year-68.42%
3 Year-95.64%
5 Year-90%
10 Year-94.26%
15 Year-92.9%
Volatility
ATR(14)0.07
ATR(20)%2.23%
ATR Inc9.72%
Range Today0.09
ADR(20)0.07
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.42
Mansfield0.67
10 Day High3.07
10 Day Low2.9
20 Day High3.07
20 Day Low2.89
52 Week High7.2
52 Week Low0.78
CS1 End2.98
CR1 Start3.05
Volume & EV
DER(3)-2.88%
DER(5)-5.34%
Volume258.73K
Volume Incr54.19%
Vol(5)237.44K
Vol(50)313.01K