|
Downtrend Broken Resist.Archive - 6/27/2025 - Sign In to see current Signals. |
Emerson Electric (EMR) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the Emerson Electric (EMR). During the week, the EMR gained 4.84 points, or 3.77%, and closed at 133.17 on Friday, June 27, 2025. EMR was trading at average weekly trading volume. EMR is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See EMR long-term trend chart] A long-term uptrend had started on September 27, 2022 at 72.41 and reached 134.85 on December 4, 2024. EMR gained -62.44 points, or -86.23%, in 114 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 90.88 and resistance is at 145.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See EMR medium-term trend chart] A medium-term downtrend had started on December 4, 2024 at 134.85 and reached 90.10 on April 7, 2025. EMR lost 44.75 points, or 33.19%, in 17 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (64.61) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EMR may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See EMR weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 16, 2025. Use the following link to access a MACD help.
Short-term trend: [See EMR short-term trend chart] A short-term uptrend had started on May 22, 2025 at 114.83 and reached 134.15 on June 27, 2025. EMR gained -19.32 points, or -16.82%, in 36 days. The price is now at the 5.07% retracement level.
Daily Technical Indicators: [See EMR daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since June 5, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
| |
|
|