EMERITA RESOURCES CORP (EMO.CA) Stock Technical Analysis
TSX-V:EMO - TSX Venture Exchange - CA29102L4064 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to EMO. 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.
In the last month EMO has a been trading in the 1.12 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, EMO did better than 96% of all other stocks. We also observe that the gains produced by EMO over the past year are nicely spread over this period.
EMO is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 822 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
EMO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although EMO 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.
More info and screens
0.62
1.23
We found 4 important support areas.
- Support @1.17 from a horizontal line in the daily time frame.
- Support @1.05 from a horizontal line in the weekly time frame.
- Support @0.70 from a trend line in the weekly time frame.
- Support @0.63 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.19
Mansfield5.52
10 Day High1.67
10 Day Low1.12
20 Day High2
20 Day Low1.12
52 Week High2
52 Week Low0.38
Performance
1 Week-17.01%
2 Weeks-26.06%
1 Month-27.38%
3 Month48.78%
6 Month103.33%
12 Month154.17%
2 Year41.86%
3 Year-56.12%
5 Year3966.67%
10 Year388%
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)-0.07
RSI(14)35.59
LBB1.14
UBB1.81
TSX-V:EMO (3/7/2025, 7:00:00 PM)
1.22
+0.04 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.39%
1 Week-17.01%
2 Weeks-26.06%
1 Month-27.38%
3 Month48.78%
6 Month103.33%
12 Month154.17%
2 Year41.86%
3 Year-56.12%
5 Year3966.67%
10 Year388%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%12.75%
ATR Inc-21.17%
Range Today0.15
ADR(20)0.15
ADR(20)%12.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.19
Mansfield5.52
10 Day High1.67
10 Day Low1.12
20 Day High2
20 Day Low1.12
52 Week High2
52 Week Low0.38
CS1 End1.17
CR1 StartN/A
Volume & EV
DER(3)-1.49%
DER(5)-0.6%
Volume669.37K
Volume Incr9.84%
Vol(5)843.95K
Vol(50)525.96K