Stronger Sell Today EME ranks #4205 as SELL CANDIDATE #4205 Weaker Sell

EME stock forecast EMCOR Group Inc

EME stock forecast

VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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.

Quick summary:

  • 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.
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Trend

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.

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Signals

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.

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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.

Support: $82.88 Price: $86.95 Resistance: $87.60

Risk

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

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Upgraded

Evaluation

EMCOR Group Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Stronger Sell Today EME ranks #4205 as SELL CANDIDATE #4205 Weaker Sell
Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU

Will EME stock price go up or down on Tue, 17 Sep 2019?

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