Technical Analysis for EML - Eastern Company (The)

Grade Last Price % Change Price Change
B 28.05 -1.65% -0.47
EML closed down 1.65 percent on Monday, March 18, 2024, on 3.6 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New Uptrend Bullish 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Above Upper BB Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 13 hours ago
3x Volume Pace about 17 hours ago
Up 5% about 17 hours ago
Up 3% about 17 hours ago
Up 1 ATR about 17 hours ago

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Eastern Company (The) Description

The Eastern Company manufactures and sells industrial hardware, security products, and metal products in North America. The company's Industrial Hardware segment offers passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, and school bus door closure hardware. This segment's products are used in tractor-trailer trucks, moving vans, off-road construction and farming equipment, school buses, military vehicles, recreational boats, pickup trucks, sport utility vehicles, and fire and rescue vehicles. It also provides fasteners and other closure devices; and plastic injection moldings. The company's Security Products segment offers electronic and mechanical locking devices for the computer, electronics, vending, and gaming industries. Its products also include timers, drop meters, coin chutes, money boxes, meter cases, smart cards, value transfer stations, smart card readers, card management software, access control units, oven door latches, oven door switches, and smoke eliminators. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; hardware and accessories for the appliance industry; and security based on smart card technology for the access control, municipal parking, and vending markets. The company's Metal Products segment offers expansion shells for use in supporting the roofs of underground mines; and specialty malleable and ductile iron castings. This segment's products include mine roof support anchors, couplers for railroad braking systems, adjustable clamps for construction, and fittings for electrical installations. The company sells its products to original equipment manufacturers, distributors, route operators, and locksmiths, as well as directly to mines. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.


Classification

Sector: Industrials
Industry: Tools & Accessories
Keywords: Electronics Boat Access Control Fasteners Security Products Metal Products Smart Card Sport Utility Vehicle Roof School Buses Vending Machine Machines School Bus Transfer Station Car Door Hardware Smart Card Technology

Is EML a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 30.51
52 Week Low 15.8437
Average Volume 6,084
200-Day Moving Average 19.80
50-Day Moving Average 24.43
20-Day Moving Average 24.95
10-Day Moving Average 25.47
Average True Range 1.17
RSI (14) 70.41
ADX 25.91
+DI 39.63
-DI 10.82
Chandelier Exit (Long, 3 ATRs) 27.01
Chandelier Exit (Short, 3 ATRs) 26.13
Upper Bollinger Bands 27.42
Lower Bollinger Band 22.48
Percent B (%b) 1.13
BandWidth 19.81
MACD Line 0.77
MACD Signal Line 0.39
MACD Histogram 0.3779
Fundamentals Value
Market Cap 174.99 Million
Num Shares 6.24 Million
EPS 0.84
Price-to-Earnings (P/E) Ratio 33.39
Price-to-Sales 0.55
Price-to-Book 1.18
PEG Ratio 0.00
Dividend 0.44
Dividend Yield 1.57%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.74
Resistance 3 (R3) 32.15 31.33 31.13
Resistance 2 (R2) 31.33 30.39 31.13 30.92
Resistance 1 (R1) 29.69 29.81 29.28 29.28 30.71
Pivot Point 28.87 28.87 28.67 28.67 28.87
Support 1 (S1) 27.23 27.93 26.82 26.82 25.39
Support 2 (S2) 26.41 27.35 26.21 25.18
Support 3 (S3) 24.77 26.41 24.98
Support 4 (S4) 24.36