Analysis Summary for Emerson Electric Co (EMR)
Date of Analysis: December 25th, 2024
Time Target: A major up-cycle composite is expected to arrive in March 2025. After putting in a top, EMR will sell off to its down-cycle composite, which is expected to arrive in March 2026. We have a strong confirmation that the top will be likely formed in early April 2025.
Price Target: The recent high makes no geometric sense. Therefore, we are looking for the actual top targets. Our primary target is located at $138.5 (+/- $2.5) with stop loss on $150.
Projected Move: Our software proposes that EMR is going to develop a top to bottom fast move from approximately $138.5 to $105 within 10-12 months.
In summary, EMR is expected to develop a top to bottom fast move approximately from early April 2025 to March 2026. The drop in price is expected to be from $138.5 a share to $105 (down 30%). Our bull completion price target is located at $138.5 (+/- $2.5).
