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EMCOR GROUP INC.
EMCOR GROUP INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EME
ISIN:

EMCOR GROUP INC. - Daily - Technical analysis published on 09/27/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 84.14 USD
My targets
89.20 USD (+3.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EMCOR GROUP INC. as long as the price remains well above 84.14 USD. The buyers” bullish objective is set at 89.20 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The EMCOR GROUP INC. price is 86.49 USD. The price registered a decrease of -0.78% on the session with the lowest point at 86.25 USD and the highest point at 87.31 USD. The deviation from the price is +0.28% for the low point and -0.94% for the high point.

86.25
87.31
86.49

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EMCOR GROUP INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of EMCOR GROUP INC. indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 73.22 80.69 84.14 86.49 89.20
Change (%) -15.34% -6.71% -2.72% - +3.13%
Change -13.27 -5.80 -2.35 - +2.71
Level Major Major Major - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard83.8984.6685.9186.6887.9388.7089.95
Camarilla86.6286.8086.9987.1787.3687.5487.73
Woodie84.1484.7886.1686.8088.1888.8290.20
Fibonacci84.6685.4385.9186.6887.4587.9388.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.9584.1584.9386.1486.9288.1288.90
Camarilla85.1685.3585.5385.7185.8986.0786.26
Woodie82.7384.0584.7286.0386.7088.0288.69
Fibonacci84.1584.9185.3886.1486.9087.3788.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard73.8976.7482.0984.9490.2993.1498.49
Camarilla85.1985.9486.6987.4488.1988.9489.70
Woodie75.1477.3783.3485.5791.5493.7799.74
Fibonacci76.7479.8781.8184.9488.0790.0193.14

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 53.77
MACD (12,26,9): 0.5400
Directional Movement: 7.07
AROON (14): -50.00
DEMA (21): 86.80
Parabolic SAR (0,02-0,02-0,2): 88.29
Elder Ray (13): 0.49
Super Trend (3,10): 82.29
Zig ZAG (10): 86.49
VORTEX (21): 1.1100
Stochastique (14,3,5): 33.68
TEMA (21): 86.90
Williams %R (14): -63.52
Chande Momentum Oscillator (20): -1.11
Repulse (5,40,3): 0.3200
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 0.76
MA7: 86.18
MA20: 86.75
MA50: 84.42
MA100: 84.22
MAexp7: 86.37
MAexp20: 86.02
MAexp50: 85.03
MAexp100: 83.17
Price / MA7: +0.36%
Price / MA20: -0.30%
Price / MA50: +2.45%
Price / MA100: +2.70%
Price / MAexp7: +0.14%
Price / MAexp20: +0.55%
Price / MAexp50: +1.72%
Price / MAexp100: +3.99%

News


The latest news and videos published on EMCOR GROUP INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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