EMR Stock Forecast & Emerson Electric Co. Chart Analysis
This article provides a detailed analysis of EMR-Emerson Electric Co. stock including a forecast for EMR shares. It features Emerson Electric Co. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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EMR Historical Data Review
EMR Current Price Performance Analysis
The Emerson Electric Co. - EMR stock traded on the American stock market, on 06-05-2024, closed at 108.28$ with a %1.32 increased compared to the previous day.
In the last month, the price of EMR changed by %1.92 increased in value, from 106.24 dollars on 05-06-2024 to 108.28 dollars, increased.
Last year, the price of EMR was 82.54 dollars on 06-06-2023, and changed by %31.18 increased in value, to 108.28 dollars increased within a year.
The price of Emerson Electric Co. stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
EMR with AI Stock Forecast & Price Target
On the EMR chart Emerson Electric Co. price was recorded as 108.28 Dollars on 06/05/2024.
The artificial intelligence's forecast on EMR stock is as follows.
The artificial intelligence's prediction error margin for EMR stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Emerson Electric Co. stock over the next 4 months is: 109.9 Dollars.
The commentary on EMR stock Target Price: Highest: 117.342 Dollars is predicted.
The commentary on EMR stock Target Price: Lowest: 102.48 Dollars is predicted.
Resistance Price where Emerson Electric Co. stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 115.958 |
10-03-2024 | 106.663 |
01-01-2025 | 112.673 |
02-20-2025 | 117.342 |
Support Price where Emerson Electric Co. stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 102.480 |
11-07-2024 | 102.531 |
01-06-2025 | 112.424 |
03-27-2025 | 112.607 |
The commentary on EMR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Emerson Electric Co. stock by the end of 2024 is predicted to be 112.458 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on EMR stock, and the 2024 target price predictions for Emerson Electric Co. are detailed above.
The technical analysis and charts for the commentary on EMR stock are below.
EMR Support & Resistance and Trend Analysis
EMR stock you have reviewed the technical analysis support resistance charts regarding.
EMR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the EMR review, the Emerson Electric Co. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Emerson Electric Co. Support and Resistance Prices:
EMR Support Level Price | EMR Resistance Level Price |
---|---|
83.10 | 90.31 |
87.55 | 96.67 |
91.65 | 96.74 |
91.99 | 96.92 |
103.86 | 98.09 |
103.90 | 105.71 |
105.27 | 109.83 |
111.20 | |
115.26 | |
115.77 | |
116.76 |
EMR Technical Analysis: SMA, RSI, MACD
Upon reviewing the EMR chart, buy and sell signals have been generated in the Emerson Electric Co. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for EMR stock are as follows:- EMR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Emerson Electric Co. gave a 'Buy' signal when the RSI was at 29.081, with the current RSI value at 31.271.
- The technical analysis for Emerson Electric Co. indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Emerson Electric Co. stock: Click here to read more predictions on PT Bank Rakyat stock.
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