It may also be helpful to read our article on a stock's EMA to gain more context before reading the following: Click Here
The Exponential Moving Average is a common technical analysis tool used to gauge the strength and direction of trends and to act as potential support or resistance for a moving stock. The period that the EMA represents is directly correlated to which time frame the moving average is best suited for. The exponential moving average (EMA) is a type of moving average that places a greater weight on recent price data.
EMA Target alerts allow you to monitor when the exponential moving average of a certain stock crosses above or below a target value. Stock Alarm currently supports EMAs with the following periods: 5 Day, 10 Day, 20 Day, 30 Day, 50 Day, 100 Day, and 200 Day.
Confirm Support Buys in Channels and Trends: Much like we can use this EMA Target alert to confirm a breakout position, we can use it to confirm an important support level is being held. Just set the EMA Target at the price of support, and once the stock climbs above this level, this could be interpreted as evidence that support is holding.
EMA Price Cross alerts allow you to monitor when the exponential moving average of a certain stock crosses above or below the current price of the stock. Stock Alarm currently supports EMAs with the following periods: 5 Day, 10 Day, 20 Day, 30 Day, 50 Day, 100 Day, and 200 Day.
Establish the General Trend of the Stock: When the stock is above its X-Day EMA, it is considered to be “in strength.” Stocks moving above their 5-Day Moving Averages have shown consistent bullish action throughout the last X days of movements on the stock exchange. A X-Day EMA Target alert can help you catch those kinds of stocks while they’re in bullish form.
With Stock Alarm you can set EMA alerts on stocks, etfs, crypto, indices, commodities, and more. When your alert triggers you will receive a notification via push notification, email, phone call, or text message.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority.