EME technical analysis
EME Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
EME Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- EME
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 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 | 817.42 | August 3, 2026 | - | Verified |
| Verification series | 817.42 | August 3, 2026 | 0.00% | Verified |
Bottom line
EME Technical Analysis Summary
EME technical analysis shows a sharp rebound in progress after a steep correction. The stock closed at 817.42 on August 3, 2026, up 2.51% on the session and more than 10% over the past five sessions, reclaiming its SMA20 (760.77), SMA50 (801.66) and SMA200 (745.16) on the daily chart. Daily RSI at 56.98 is back above the 50 midline, and the MACD line has crossed above its signal line with the histogram turning positive. On the weekly chart, price at 797.43 sits below the SMA20 (810.79) but comfortably above the rising SMA50 (724.85) and SMA200 (412.89), keeping the long-term uptrend intact. Immediate resistance is the 20-day high at 839.99, with the 60-day high at 947.47 near the 52-week high of 951.47 further above. Key support is at the SMA200 (745.16), then the 20-day low at 668.82. A daily close above 839.99 would confirm renewed upside momentum, while a loss of the SMA200 would put the rebound at risk.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Rebounding. Price at 817.42 is above SMA20 (760.77), SMA50 (801.66) and SMA200 (745.16) after a sharp rally off the recent lows. The SMA200 remains upward sloping, keeping the longer-term structure intact. SMA20 is still below SMA50, reflecting the correction that preceded this bounce, but price trading back above all three averages is a clear positive near-term development.
- Momentum
- Improving. RSI14 at 56.98 has moved back above the 50 midline after the weak stretch during the correction. MACD at -8.96 with signal at -17.84 and a positive histogram of 8.88 indicates a fresh bullish crossover, with downside momentum reversing and upside momentum building.
- Volatility
- Elevated. ATR14 at 39.21 (4.80% of price) reflects the large daily swings that have accompanied the correction and the rebound. Bollinger Bands (697.90 to 823.63) are wide, with price closing near the upper band, consistent with the recent recovery move.
- Volume
- Above average. Latest volume of 565,800 is 113.3% of the 20-period average (499,575), showing increased participation behind the rebound.
Assessment
The daily chart shows a strong rebound from the correction low near 668.82, with price reclaiming all three moving averages and RSI moving back above 50. The fresh MACD bullish crossover and positive histogram support continued near-term upside. Immediate resistance is the 20-day high at 839.99; a close above it would open the path toward the 60-day high at 947.47. On the downside, a failure to hold the SMA20 at 760.77 and the SMA200 at 745.16 would signal the rebound is losing steam.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 797.43 is below SMA20 (810.79) but above SMA50 (724.85) and SMA200 (412.89). The SMA50 and SMA200 are firmly upward sloping, reflecting the strong multi-year uptrend. Price below the weekly SMA20 points to an intermediate consolidation after the earlier advance and correction.
- Momentum
- Neutral. RSI14 at 53.45 is near the 50 midline, neither overbought nor oversold. MACD at 15.01 with signal at 30.51 and a negative histogram of -15.49 shows weekly momentum is still working through a prior bearish crossover, though the MACD line remains well above zero.
- Volatility
- Elevated. ATR14 at 65.80 (8.25% of price) reflects wide weekly ranges typical of a stock in a sharp correction and rebound.
- Volume
- Well above average. Weekly volume of 3,215,700 is 161.9% of the 20-week average (1,986,175), indicating active participation during the rebound week.
Assessment
The weekly chart keeps the longer-term uptrend intact. Price holds well above the rising SMA50 (724.85) and SMA200 (412.89), and the multi-year advance remains in place. The negative weekly MACD histogram and price below the SMA20 are the main soft spots, pointing to a consolidation phase after the correction rather than a new downtrend. The 60-period low at 454.03 and high at 951.47 define the broad range over the past year.
Key indicators
EME Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 56.98 | 53.45 |
| MACD (12, 26, 9) | -8.96 / -17.84 / 8.88 | 15.01 / 30.51 / -15.49 |
| ATR (14) | 39.21 (4.80%) | 65.80 (8.25%) |
| Bollinger Bands (20, 2) | 697.90 - 823.63 | 696.62 - 924.96 |
| SMA (20) | 760.77 | 810.79 |
| SMA (50) | 801.66 | 724.85 |
| SMA (200) | 745.16 | 412.89 |
Price structure
EME Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 817.42 | 797.43 |
| 1-Period Return | +2.51% | +7.06% |
| 5-Period Return | +10.05% | -0.03% |
| 20-Period Return | +3.88% | +12.44% |
| 60-Period Return | -13.34% | +63.53% |
| 252-Period Return | +30.53% | +586.05% |
| 52-Week Low | 564.01 | 564.01 |
| 52-Week High | 951.47 | 951.47 |
| 52-Week Position | 65.40% | 60.24% |
Key levels
EME 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 | 839.99 | 951.47 |
| 20-Period Low | 668.82 | 668.82 |
| 60-Period High | 947.47 | 951.47 |
| 60-Period Low | 668.82 | 454.03 |
Scenarios
EME Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above the 20-day high at 839.99 with above-average volume, confirming the rebound. A follow-through above the 60-day high at 947.47 toward the 52-week high at 951.47 would signal a full recovery of the uptrend.
Invalidation
Price falls back below the SMA20 at 760.77 and then the SMA200 at 745.16.
What to watch
RSI holding above 50; MACD histogram staying positive; volume expanding on up days; weekly MACD histogram narrowing toward zero.
Range-Bound
Trigger
Price oscillates between support at the SMA20 (760.77) and SMA200 (745.16) and resistance at the 20-day high (839.99) as the market digests the sharp rebound.
Invalidation
A decisive close above 839.99 or below 745.16 with increasing volume.
What to watch
RSI fluctuating between 45 and 60; MACD histogram flattening near zero; volume normalizing toward the 20-period average.
Bearish
Trigger
Price breaks below the SMA200 at 745.16 and then the 20-day low at 668.82 with above-average volume, signaling the rebound has failed and the correction has resumed.
Invalidation
Price reclaims the SMA50 at 801.66 and holds above it.
What to watch
Sustained closes below SMA200 (745.16); daily RSI dropping below 40; rising downside volume; weekly RSI falling below 45.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 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 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.