Over the past year, Emcore has traded in a range of $0.82 to $3.25 and is now at $1.07, 31% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has advanced 2.5%.
Emcore has overhead space with shares priced $1.07, or 76.1% below the average consensus analyst price target of $4.50. Emcore shares should encounter resistance at the 200-day moving average (MA) of $1.70 and support at the 50-day MA of $1.00. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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