Logo image of EMLP

FIRST TRUST NORTH AMERICAN E (EMLP) Stock Technical Analysis

NYSEARCA:EMLP - NYSE Arca - US33738D1019 - ETF - Currency: USD

36.2  +0.41 (+1.15%)

Technical Rating and Analysis

6

Taking everything into account, EMLP scores 6 out of 10 in our technical rating. EMLP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

When comparing the yearly performance of all stocks, we notice that EMLP is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, EMLP also shows a nice and consistent pattern of rising prices.
EMLP is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EMLP slightly outperforms the market at the moment.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month EMLP has a been trading in a tight range between 35.69 and 37.82.
Weekly and Daily overview Charts
FIRST TRUST NORTH AMERICAN E / EMLP Weekly stock chart
FIRST TRUST NORTH AMERICAN E / EMLP Daily stock chart
Setup Rating and Analysis

4

EMLP has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

26.11

38.67

3 important support areas can be observed.

  • A support zone ranging from 35.78 to 36.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @33.69 from a horizontal line in the daily time frame.
  • Support @26.37 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 36.65 to 37.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 38.24 to 38.29. 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
CRS85.62
Mansfield0.63
10 Day High37.67
10 Day Low35.69
20 Day High37.82
20 Day Low35.69
52 Week High38.4
52 Week Low28.18
Performance
1 Week-3.26%
2 Weeks-3.26%
1 Month-2.4%
3 Month-2.27%
6 Month11.25%
12 Month26.18%
2 Year35.94%
3 Year30.73%
5 Year103.49%
10 Year34.72%
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)-0.17
RSI(14)41.36
LBB35.88
UBB38.14
FIRST TRUST NORTH AMERICAN E / EMLP Daily stock chart

FIRST TRUST NORTH AMERICAN E

NYSEARCA:EMLP (3/7/2025, 8:21:48 PM)

36.2

+0.41 (+1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.15%
1 Week-3.26%
2 Weeks-3.26%
1 Month-2.4%
3 Month-2.27%
6 Month11.25%
12 Month26.18%
2 Year35.94%
3 Year30.73%
5 Year103.49%
10 Year34.72%
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%1.36%
ATR Inc32.79%
Range Today0.61
ADR(20)0.46
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.62
Mansfield0.63
10 Day High37.67
10 Day Low35.69
20 Day High37.82
20 Day Low35.69
52 Week High38.4
52 Week Low28.18
CS1 End36.19
CR1 Start36.65
Volume & EV
DER(3)0.67%
DER(5)-1.92%
Volume210.80K
Volume Incr-24.89%
Vol(5)306.14K
Vol(50)344.04K