USA - New York Stock Exchange - NYSE:CE - US1508701034 - Common Stock
We assign a technical rating of 5 out of 10 to CE. Recently some decent action could be observed, but in the medium term time frame this is still negative. CE was also a bad performer in the overall market in the last year.
CE has an average technical rating and also the quality of the setup is only medium 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.
38.00
2 important support areas can be observed.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CE is up. |
| ChartMill Relative Strength | 21.98 | NEGATIVE | CE has a low relative strength, it was outperformed by 78.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.13 | NEUTRAL | The RSI value for CE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CE has a positive trend. |
| Stochastics (14,3) | 70.1 | NEUTRAL | The Stochastics value for CE is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for CE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for CE suggests a weak or negative trend. |
45.57
+1.59 (+3.62%)
ChartMill assigns a technical rating of 5 / 10 to CE.
The current trend direction for CELANESE CORP (CE) is Bearish.
CELANESE CORP (CE) has an RSI value of 63.1282. This indicates that the stock is currently neutral.
The MACD indicator for CELANESE CORP (CE) has a value of 0.174557, indicating a bearish trend.
The buy/sell signal for CELANESE CORP (CE) is hold as the short term and long term trends are mixed.