EMA technical analysis
EMA Technical Analysis
Analysis date
August 7, 2026
Market
NYSE (USD)
Daily cutoff
August 6, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
EMA Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- EMA
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 6, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 51.59 | August 6, 2026 | - | Verified |
| Verification series | 51.59 | August 6, 2026 | 0.00% | Verified |
Bottom line
EMA Technical Analysis Summary
EMA (Emera Incorporated) is working through a sharp near-term pullback inside a longer-term uptrend. The daily close at 51.59 on August 6 sits below the SMA20 (53.41) and SMA50 (52.50) after a slide of about 3.7% over the past five sessions, while staying above the SMA200 (50.18). Daily RSI14 at 38.65 is below the 50 midline and the daily MACD is negative with the line at -0.11 below the signal at 0.22, pointing to weak short-term momentum. The weekly chart remains bullish: price at 53.89 on the last completed week holds above SMA20 (52.21), SMA50 (49.66), and SMA200 (38.58), with weekly RSI at 61.41. Immediate support sits at the 20-day low of 51.23, the daily SMA200 at 50.18, and the 60-day low of 50.09. Resistance stands at the SMA50 (52.50), the SMA20 (53.41), and the 52-week high near 54.95. As a regulated utility, EMA tends to show lower volatility, and the current pullback remains within the longer-term uptrend while price stays above the daily SMA200.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 6, 2026)
- Trend
- Mixed. Price at 51.59 is below SMA20 (53.41) and SMA50 (52.50) but above SMA200 (50.18). The early August pullback has pushed price back under the two shorter-term averages, while the SMA200 stays well below and the SMA50 remains above the SMA200, keeping the longer-term structure of an uptrend intact with a near-term correction underway.
- Momentum
- Weak. RSI14 at 38.65 is below the 50 midline, and the MACD line at -0.11 is below the signal at 0.22 with a negative histogram at -0.33, with the MACD line below zero. Momentum has deteriorated as price fell through the shorter-term averages in early August.
- Volatility
- Low to moderate. ATR14 at 0.88 (1.71% of price) reflects modest daily swings consistent with a regulated utility. Bollinger Bands (51.77 to 55.06) place price at 51.59 at or below the lower band, indicating the short-term move is stretched to the downside.
- Volume
- Below average. Latest volume of 221,132 is 39.1% of the 20-period average (565,547), indicating reduced participation on the latest session. Earlier pullback sessions carried higher volume, so the latest light-volume reading does not by itself signal a high-conviction selloff.
Assessment
The daily chart is in a short-term pullback after the longer uptrend. Price has broken below the SMA20 and SMA50 while the SMA200 at 50.18 still provides support below. RSI below 50 and a negative MACD with a falling histogram point to weakening near-term momentum, and price is pressing on the lower Bollinger band. A daily close back above the SMA50 (52.50) would be the first sign the pullback is stabilizing, while a close below the 60-day low at 50.09 would open the door to a deeper retracement.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 53.89 on the last completed week is above SMA20 (52.21), SMA50 (49.66), and SMA200 (38.58), with the averages in ascending order. The multi-year uptrend remains intact. Note that trading in the current, incomplete week has been below the 53.89 weekly close, so the weekly reading will soften once that week completes.
- Momentum
- Bullish. RSI14 at 61.41 is above the 50 midline. MACD line at 1.25 is above the signal at 1.18 with a positive histogram at 0.07, confirming positive medium-term momentum that is steady rather than accelerating.
- Volatility
- Low to moderate. ATR14 at 1.78 (3.30% of price) reflects modest weekly swings. Bollinger Bands (49.87 to 54.55) place the weekly close in the upper portion of the band, consistent with the uptrend prior to the August pullback.
- Volume
- Above average. Weekly volume of 3,298,300 is 166.1% of the 20-week average (1,985,275), indicating elevated participation on the latest completed week.
Assessment
The weekly chart confirms a long-term uptrend. Price rose from the 52-week low near 44.87 to close the week of July 27 at 53.89, about 86.5% of the 52-week range, with the SMA200 at 38.58 providing structural support far below. The 252-week return of +51.96% reflects the compounding of regulated rate-base growth and dividend accumulation. The weekly structure stays constructive as long as the next completed weekly bar holds above the weekly SMA20 at 52.21, and the ongoing daily pullback makes that level the immediate focus.
Key indicators
EMA Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 38.65 | 61.41 |
| MACD (12, 26, 9) | -0.11 / 0.22 / -0.33 | 1.25 / 1.18 / 0.07 |
| ATR (14) | 0.88 (1.71%) | 1.78 (3.30%) |
| Bollinger Bands (20, 2) | 51.77 - 55.06 | 49.87 - 54.55 |
| SMA (20) | 53.41 | 52.21 |
| SMA (50) | 52.50 | 49.66 |
| SMA (200) | 50.18 | 38.58 |
Price structure
EMA Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 51.59 | 53.89 |
| 1-Period Return | +0.02% | -0.97% |
| 5-Period Return | -3.73% | +1.14% |
| 20-Period Return | -2.01% | +2.75% |
| 60-Period Return | -0.26% | +26.22% |
| 252-Period Return | +11.82% | +51.96% |
| 52-Week Low | 44.87 | 44.87 |
| 52-Week High | 54.95 | 55.30 |
| 52-Week Position | 66.64% | 86.48% |
Key levels
EMA Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 54.95 | 55.30 |
| 20-Period Low | 51.23 | 49.51 |
| 60-Period High | 54.95 | 55.30 |
| 60-Period Low | 50.09 | 42.56 |
Scenarios
EMA Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes back above the SMA50 (52.50) and then the SMA20 (53.41), recovering the averages lost in the August pullback and signaling a stabilization.
Invalidation
Price fails near 53.41 and rolls back below the 20-day low at 51.23, keeping the correction in force.
What to watch
Daily RSI recovering above 50; MACD histogram turning less negative; volume expanding on up days; positive rate case or regulatory news supporting the utility sector.
Range-Bound
Trigger
Price oscillates between support near 51.23 (20-day low) and 50.09 (60-day low) and resistance near 52.50 (SMA50) and 53.41 (SMA20), a common consolidation for a utility waiting on rate case outcomes.
Invalidation
A decisive break above 53.41 or below 50.09 with conviction.
What to watch
RSI swinging in the 30 to 55 range; declining volume as the range matures; MACD histogram fluctuating near zero; interest rate direction.
Bearish
Trigger
Price breaks below the 60-day low at 50.09 with above-average volume, suggesting the pullback is extending into a deeper correction.
Invalidation
Price reclaims the SMA50 (52.50) and holds above it, re-establishing the uptrend.
What to watch
Sustained closes below 50.09; RSI holding below 40; volume rising on down days; adverse regulatory decisions or rising long-term interest rates pressuring utility valuations.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
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