EME Forecast and Technical Stock Analysis
Sell candidate since 2019-09-12 Gain 0.35% PDF
EMCOR Group Inc gained 0.35% in the last trading day ( Friday, 13th Sep 2019 ), rising from $86.65 to $86.95 During the day the stock fluctuated 2.09% from a day low at $86.33 to a day high of $88.13. The price has risen in 6 of the last 10 days and is up by 1.61% over the past 2 weeks. Volume fell in the last day by -124 590 shares and in total, 362 865 shares bought and sold for approximately $31.55 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the EME stock price was $88.91 and low was $80.12.
- 90 day high was $89.55 and low was $79.59.
- 52 week high for EMCOR Group Inc - $89.55 and low - $57.29.
EMCOR Group Inc is at the upper part of a wide and horizontal trend and normally this would pose a good selling opportunity but a break-up through the top trend line at $88.42 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend, you can expect EMCOR Group Inc with a 90% probability to be traded between $79.31 and $87.43 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Monday September 09, 2019, which indicates further falls until a new bottom pivot has been found. EMCOR Group Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $87.36. On a fall, the stock will find some support from the long-term average at approximately $84.02. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 73 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
EMCOR Group Inc finds support from accumulated volume at $82.88.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.80 (2.09%) between high and low. For the last week, the stock has had daily average volatility of 2.03%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.03 %Average volatility
Very Low Low Medium High Very High
|EME $86.95 ($0.30 0.35%)|
EME is up $0.30 today, but where's it headed in 2019?
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Golden Star Signal
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