EMERSON ELECTRIC CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EMR
ISIN:

EMERSON ELECTRIC CO. - 1H - Technical analysis published on 07/23/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 115.06 USD

My targets

119.53 USD (+1.50%)

My analysis

EMERSON ELECTRIC CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 115.06 USD. The next resistance located at 119.53 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EMERSON ELECTRIC CO. rating is 117.76 USD. The price is lower by -0.06% since the last closing and was between 117.11 USD and 118.67 USD. This implies that the price is at +0.56% from its lowest and at -0.77% from its highest.

117.11

118.67

117.76

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in 1H of this EMERSON ELECTRIC CO. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	108.80	111.34	115.06	117.76	119.53
Change (%)	-7.61%	-5.45%	-2.29%	-	+1.50%
Change	-8.96	-6.42	-2.70	-	+1.77
Level	Minor	Minor	Major	-	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	114.06	114.86	116.35	117.15	118.64	119.44	120.93
Camarilla	117.20	117.41	117.62	117.83	118.04	118.25	118.46
Woodie	114.40	115.03	116.69	117.32	118.98	119.61	121.27
Fibonacci	114.86	115.74	116.28	117.15	118.03	118.57	119.44

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	108.98	111.86	113.77	116.65	118.56	121.44	123.35
Camarilla	114.36	114.80	115.24	115.68	116.12	116.56	117.00
Woodie	108.50	111.62	113.29	116.41	118.08	121.20	122.87
Fibonacci	111.86	113.69	114.82	116.65	118.48	119.61	121.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.22	102.46	106.31	109.55	113.40	116.64	120.49
Camarilla	108.21	108.86	109.51	110.16	110.81	111.46	112.11
Woodie	99.53	102.61	106.62	109.70	113.71	116.79	120.80
Fibonacci	102.46	105.17	106.84	109.55	112.26	113.93	116.64

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):	53.81
MACD (12,26,9):	0.3300
Directional Movement:	4.13
AROON (14):	78.57
DEMA (21):	117.66
Parabolic SAR (0,02-0,02-0,2):	117.07
Elder Ray (13):	0.13
Super Trend (3,10):	116.35
Zig ZAG (10):	117.60
VORTEX (21):	1.0200
Stochastique (14,3,5):	78.66
TEMA (21):	117.69
Williams %R (14):	-28.71
Chande Momentum Oscillator (20):	1.91
Repulse (5,40,3):	-0.0600
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	3.27

MA7:	117.41
MA20:	112.51
MA50:	111.34
MA100:	110.81
MAexp7:	117.75
MAexp20:	117.28
MAexp50:	116.42
MAexp100:	114.61
Price / MA7:	+0.30%
Price / MA20:	+4.67%
Price / MA50:	+5.77%
Price / MA100:	+6.27%
Price / MAexp7:	+0.01%
Price / MAexp20:	+0.41%
Price / MAexp50:	+1.15%
Price / MAexp100:	+2.75%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on EMERSON ELECTRIC CO.. At the time of publication of this analysis, the latest news was as follows:

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

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