StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 8.4
Power Rank trend -> Falling
07/26/2024 16:10:00 EST
Emerson Electric Company (EMR)
Industry: Specialty Industrial Machinery
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, EMR has been trading in a range between $118.87 and $108.05 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
EMR is trading below resistance at $118.87, about 2% to the upside. There is support at $111.95 -4% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Emerson Electric Company $EMR entered a Green zone 14 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $109.95, a potential down side of -5.9% from the recent price of 116.84. The stock is trading 2.3% (potential upside) below its 52 week high of $119.53 and 42.8 % (potential downside) above its 52 week low of $81.82 - based on the recent price.
Company Summary
Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.
News
| Emerson Electric (EMR) Exceeds Market Returns: Some Facts to Consider The latest trading day saw Emerson Electric (EMR) settling at $116.84, representing a +1.96% change from its previous close. Source: Zacks Investment Research Fri, 26 Jul 2024 18:56:37 -0400 Sentiment: Neutral |
| 7 American Robotics Stocks to Buy if You're Betting on Trump 2024 Robotics are set to revolutionize industries ranging from transportation to healthcare. And America will be a major growth market. Source: InvestorPlace Thu, 25 Jul 2024 06:15:00 -0400 Sentiment: Positive |
| Wall Street Bulls Look Optimistic About Emerson Electric (EMR): Should You Buy? The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Source: Zacks Investment Research Wed, 24 Jul 2024 10:31:27 -0400 Sentiment: Neutral |
| Emerson Electric Co. (EMR) is Attracting Investor Attention: Here is What You Should Know Zacks.com users have recently been watching Emerson Electric (EMR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Source: Zacks Investment Research Tue, 23 Jul 2024 10:00:40 -0400 Sentiment: Positive |
| Emerson's New Ovation 4.0 to Deliver Software-Defined, AI-Ready Automation Platform for Power and Water Industries New automation architecture accelerates plant modernization with a more flexible and user-centric approach PITTSBURGH, July 23, 2024 /PRNewswire/ -- Global automation and technology leader Emerson (NYSE: EMR) is updating its industry-leading Ovation™ Automation Platform to include a software-defined architecture that will help utilities better leverage data, new technologies and artificial intelligence (AI). This enhancement will enable the industries to achieve new levels of operational excellence and meet the increasing demand for reliable, affordable and sustainable power and water. Source: PRNewsWire Tue, 23 Jul 2024 09:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 119.53 52 Week Low: 81.8223 Beta: 1.316 50 Day MA: 111.4054 200 Day MA: 102.9687 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.37 Qtr Revenue Growth YOY: 0.165 Forward PE: 21.4133 Trailing PE: 34.7738