CELANESE CORP (CE)

US1508701034 - Common Stock

73.94  -0.06 (-0.08%)

After market: 74.09 +0.15 (+0.2%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CE. CE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than CE.
CE is one of the lesser performing stocks in the Chemicals industry. 90% of 84 stocks in the same industry do better.
CE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CE has a been trading in the 72.94 - 136.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CE has an average volume of 1500850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CE Weekly chart
CE Daily chart
Setup Rating and Analysis

3

The technical rating of CE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

73.20

142.56

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 130.52 to 130.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @141.15 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.46
Mansfield-5.41
10 Day High126.73
10 Day Low72.94
20 Day High136.47
20 Day Low72.94
52 Week High172.16
52 Week Low72.94
Performance
1 Week-17.59%
2 Weeks-41.3%
1 Month-45.43%
3 Month-42.71%
6 Month-53.01%
12 Month-43.09%
2 Year-31.09%
3 Year-51.15%
5 Year-41.12%
10 Year23.09%
15 Year148.45%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-4.77
RSI(14)11.24
LBB56.44
UBB146.18
CE Daily chart

CELANESE CORP

NYSE:CE (11/14/2024, 8:08:40 PM)

After market: 74.09 +0.15 (+0.2%)

73.94

-0.06 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.08%
1 Week-17.59%
2 Weeks-41.3%
1 Month-45.43%
3 Month-42.71%
6 Month-53.01%
12 Month-43.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.27
ATR(20)%6.18%
ATR Inc
Range Today1.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High126.73
10 Day Low72.94
20 Day High136.47
20 Day Low72.94
52 Week High172.16
52 Week Low72.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.59M
Volume Incr148.77%
Vol(5)3.75M
Vol(50)1.50M