Auto-detected technical analysis for EME · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
EME is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $907.25 (+21.8%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; EME's own bullish pennants have hit 87.5%.
New to this pattern? What a bullish pennant is and how to trade it →
EME's most recent completed bullish pennant resolved as a win: it broke higher on Apr 2, 2026 near $768.47, then reached its target at $913.11 on May 15, 2026 — a +1.98R move (18.8%) over 30 sessions. Across 134 backtested bullish pennants, this setup wins 55.2% of the time.
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on EME's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Apr 2, 2026 @ $768.47 | May 15, 2026 @ $913.11 | Win | +1.98R |
| Rising Wedge | Oct 6, 2025 @ $666.35 | Oct 30, 2025 @ $648.00 | Loss | -0.32R |
| Triangle | Sep 22, 2025 @ $623.99 | Sep 23, 2025 @ $644.70 | Loss | -1.15R |
| Triangle | Sep 15, 2025 @ $623.95 | Sep 22, 2025 @ $655.83 | Loss | -1.76R |
| Triangle | Sep 12, 2024 @ $393.58 | Nov 15, 2024 @ $498.86 | Win | +2.42R |
| Falling Wedge | Aug 21, 2024 @ $371.59 | Oct 1, 2024 @ $428.28 | Win | +1.09R |
| Falling Wedge | Jul 30, 2024 @ $356.08 | Aug 5, 2024 @ $321.39 | Win | +1.20R |
| Falling Wedge | Jul 15, 2024 @ $381.79 | Jul 25, 2024 @ $346.60 | Loss | -1.31R |
| Triangle | Apr 4, 2023 @ $159.78 | Apr 27, 2023 @ $171.44 | Loss | -2.06R |
| Triangle | Feb 23, 2023 @ $155.40 | Mar 9, 2023 @ $164.89 | Win | +0.99R |
| Falling Wedge | Jan 11, 2023 @ $149.09 | Mar 9, 2023 @ $164.89 | Win | +2.19R |
| Triangle | Jul 21, 2022 @ $106.12 | Aug 22, 2022 @ $119.91 | Win | +1.81R |
On the weekly chart, price is resting in the open space between a floor below near $712.77 and a ceiling above near $1,263.70.
Nearest auto-detected support sits near $714.37, resistance near $1,263.70. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $824.94 | $831.50 | $808.87 | $819.88 |
| Aug 3, 2026 | $787.99 | $821.86 | $775.05 | $817.42 |
| Jul 31, 2026 | $838.90 | $839.99 | $797.42 | $797.43 |
| Jul 30, 2026 | $771.66 | $808.72 | $771.66 | $802.37 |
| Jul 29, 2026 | $707.02 | $711.08 | $668.82 | $672.48 |
| Jul 28, 2026 | $733.05 | $733.33 | $698.36 | $705.82 |
| Jul 27, 2026 | $746.82 | $761.95 | $725.88 | $742.75 |
| Jul 24, 2026 | $764.17 | $772.04 | $742.98 | $744.85 |
| Jul 23, 2026 | $755.00 | $772.94 | $755.00 | $769.07 |
| Jul 22, 2026 | $745.94 | $763.25 | $740.28 | $755.15 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.