We assign a technical rating of 10 out of 10 to ERJ. Both in the recent history as in the last year, ERJ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ERJ did better than 98% of all other stocks. We also observe that the gains produced by ERJ over the past year are nicely spread over this period.
ERJ is part of the Aerospace & Defense industry. There are 65 other stocks in this industry. ERJ outperforms 95% of them.
ERJ is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ERJ is leading the market.
In the last month ERJ has a been trading in the 40.33 - 52.92 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ERJ has an average volume of 1417330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.