Logo image of EMKR

EMCORE CORP (EMKR) Stock Technical Analysis

NASDAQ:EMKR - Nasdaq - US2908464017 - Common Stock - Currency: USD

3.07  0 (0%)

Technical Rating and Analysis

6

Taking everything into account, EMKR scores 6 out of 10 in our technical rating. Although EMKR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, EMKR is a bad performer in the overall market: 81% of all stocks are doing better.
EMKR is part of the Communications Equipment industry. There are 52 other stocks in this industry, of which 84% are performing better than EMKR.
Both the short term and long term trends are positive. This is a very positive sign.
EMKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMKR is lagging the market.
In the last month EMKR has a been trading in a tight range between 2.97 and 3.10.
Weekly and Daily overview Charts
EMCORE CORP / EMKR Weekly stock chart
EMCORE CORP / EMKR Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, EMKR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.05, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.87

3.11

When analyzing the support we notice one important area.

  • A support zone ranging from 2.90 to 3.05. 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 3.08 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.29
Mansfield2.61
10 Day High3.1
10 Day Low3.01
20 Day High3.1
20 Day Low2.97
52 Week High4.86
52 Week Low0.78
Performance
1 Week1.32%
2 Weeks0.33%
1 Month2.68%
3 Month5.86%
6 Month207%
12 Month-29.89%
2 Year-78.61%
3 Year-92.09%
5 Year-89.66%
10 Year-94.33%
15 Year-93.5%
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)61.31
LBB3.02
UBB3.08
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3.093.000.09 (2.91%)25.00%
An entry @3.09. This is a Buy Stop order right above the resistance zone.An exit @3.00. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.09 points, which is 2.91%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%.

  • 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 / EMKR Daily stock chart

EMCORE CORP

NASDAQ:EMKR (2/12/2025, 10:10:00 AM)

3.07

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week1.32%
2 Weeks0.33%
1 Month2.68%
3 Month5.86%
6 Month207%
12 Month-29.89%
2 Year-78.61%
3 Year-92.09%
5 Year-89.66%
10 Year-94.33%
15 Year-93.5%
Volatility
ATR(14)0.04
ATR(20)%1.26%
ATR Inc28.06%
Range Today0.02
ADR(20)0.04
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.29
Mansfield2.61
10 Day High3.1
10 Day Low3.01
20 Day High3.1
20 Day Low2.97
52 Week High4.86
52 Week Low0.78
CS1 End3.05
CR1 Start3.08
Volume & EV
DER(3)-5.33%
DER(5)-3.41%
Volume17.45K
Volume Incr4.52%
Vol(5)126.66K
Vol(50)141.27K