Technical Analysis for EMLP - First Trust North American Energy Infrastructure Fund

Grade Last Price % Change Price Change
grade A 25.37 -0.08% -0.02
EMLP closed down 0.08 percent on Monday, June 24, 2019, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical EMLP trend table...

Date Alert Name Type % Chg
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.08%
New 52 Week High Strength -0.08%
Stochastic Reached Overbought Strength -0.08%
Overbought Stochastic Strength -0.08%
Up 3 Days in a Row Strength -0.08%
Up 4 Days in a Row Strength -0.08%
MACD Bullish Signal Line Cross Bullish 0.36%
New 52 Week Closing High Bullish 0.36%

Older signals for EMLP ...

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Profile
The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.
Corporate Finance Alerian Legal Entities Income Trust Master Limited Partnership Taxation In Canada Organizations Energy Infrastructure Sector Business Law
Is EMLP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.46
52 Week Low 20.4
Average Volume 389,251
200-Day Moving Average 23.8077
50-Day Moving Average 24.8647
20-Day Moving Average 25.0188
10-Day Moving Average 25.148
Average True Range 0.2106
ADX 14.15
+DI 30.8162
-DI 20.266
Chandelier Exit (Long, 3 ATRs ) 24.8282
Chandelier Exit (Short, 3 ATRs ) 25.0018
Upper Bollinger Band 25.5129
Lower Bollinger Band 24.5247
Percent B (%b) 0.86
BandWidth 3.94983
MACD Line 0.1183
MACD Signal Line 0.093
MACD Histogram 0.0253
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.64
Resistance 3 (R3) 25.64 25.55 25.60
Resistance 2 (R2) 25.55 25.48 25.55 25.58
Resistance 1 (R1) 25.46 25.44 25.42 25.46 25.56
Pivot Point 25.37 25.37 25.35 25.37 25.37
Support 1 (S1) 25.28 25.30 25.24 25.28 25.18
Support 2 (S2) 25.19 25.26 25.19 25.16
Support 3 (S3) 25.10 25.19 25.15
Support 4 (S4) 25.10