NYSEARCA:EMX - NYSE Arca - CA26873J1075 - Common Stock - Currency: USD
Taking everything into account, EMX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EMX is showing a nice and steady performance.
EMX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
1.68
We found 4 important support areas.
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 |
---|---|---|---|
2.32 | 2.12 | 0.20 (8.62%) | 11.60% |
An entry @2.32. This is a Buy Stop order right above the 10 day high. | An exit @2.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 8.62%. | For a 1.00% total portfolio risk, you can invest 11.60% of your capital in this trade. |
2.23
-0.07 (-3.04%)