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(EMKR) Emcore Corporation complete technical analysis [charts+indicators] | Buy/Sell Emcore Corporation | (EMKR) share price targets

Complete technical analysis of Emcore Corporation (EMKR) by charts plus indicators, forecast predictions and share price targets for Emcore Corporation (EMKR)

Emcore Corporation trades in USA in Technology sector.

10 day averaged volume of Emcore Corporation is 1028427

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1.06 1.08 1.08 1.02 0.173 times
16 Thu May 2024 1.06 1.06 1.09 1.04 0.287 times
15 Wed May 2024 1.08 1.04 1.09 1.01 0.617 times
14 Tue May 2024 1.02 1.00 1.03 0.98 0.666 times
13 Mon May 2024 1.00 1.05 1.05 0.97 0.807 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.3, but if it comes above 1.3, then a intra day buy could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 0.4 as target. However if you take a buy trade in stock , then use 1.3 as stoploss and 2.17 as target.

Share price targets for Emcore Corporation (EMKR)

Target Type Value
Downside Target 0.31
Downside Target 0.34
Downside Target 0.44
Downside Target 0.46
Downside Target 0.70
Downside Target 0.72
Downside Target 0.97
Downside Target 1.01
Upside Target 1.09
Upside Target 2.44
Upside Target 2.53
Upside Target 2.62
Upside Target 2.85
Upside Target 2.96
Upside Target 3.00
Upside Target 3.12
Upside Target 3.80

Intraday share price targets for Emcore Corporation (EMKR)

Target Type Value
Downside Intraday Target 0.99
Downside Intraday Target 0.92
Upside Intraday Target 1.11
Upside Intraday Target 1.16
Downside Intraday Target 1.04

Weekly technical analysis of Emcore Corporation (EMKR)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1.06 1.05 1.09 0.97 0.342 times
10 Fri May 2024 1.05 2.63 2.96 1.01 12.495 times
03 Fri May 2024 2.65 2.72 2.85 2.53 0.733 times
26 Fri Apr 2024 2.73 2.73 3.00 2.44 0.625 times
19 Fri Apr 2024 2.69 2.86 3.12 2.62 1.349 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Emcore Corporation (EMKR)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1.06 2.69 2.96 0.97 2.369 times
30 Tue Apr 2024 2.71 0.35 3.80 0.34 0.478 times
28 Thu Mar 2024 0.35 0.43 0.46 0.34 0.328 times
29 Thu Feb 2024 0.42 0.62 0.72 0.31 2.306 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Emcore Corporation (EMKR)

Indicator Name Indicator Value Indicator Signal
ADX 19, 46, 41 Sell
MACD -0, -0Sell
Stochastics 5Sell
CCI -49Sell
RSI 43Sell
OBV -6476948Sell
VWAP 1Sell
ADL 0Sell
ROC -60Sell
Force Index 0Sell

Price action analysis of Emcore Corporation ( (EMKR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Emcore Corporation ( (EMKR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Emcore Corporation ( (EMKR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Emcore Corporation ( (EMKR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Emcore Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Emcore Corporation in short term and the sell signal is strong.

Emcore Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Emcore Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Emcore Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.21 and Emcore Corporation (EMKR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Emcore Corporation (EMKR) stock. Volume based technical analysis of Emcore Corporation (EMKR) stock is negative.

Emcore Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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