Emerson Electric Technical Analysis (NYSE:EMR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Emerson Electric stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the EMR stock chart which creates a trading signal.
See Emerson Electric bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Emerson Electric stock analysis.
Emerson Electric Moving Average
Moving averages help predict the price direction of EMR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $71.2 is above the price of $70.73.
Emerson Electric Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the EMR stock. Emerson Electric bollinger bands show that the stock price is $70.73, upper band is 73.45, lower band is 68.94, and the average is 71.2.
Emerson Electric Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Emerson Electric MACD line is above the signal line.
Emerson Electric Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 41.07 is the RSI value of EMR stock.