CELANESE CORP (CE) Technical Analysis
NYSE:CE • US1508701034
Current stock price
56.95 USD
-3.38 (-5.6%)
At close:
57 USD
+0.05 (+0.09%)
After Hours:
CE Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to CE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- CE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CE is performing more or less in line with the market.
- In the last month CE has a been trading in the 46.63 - 61.92 range, which is quite wide. It is currently trading near the high of this range.
- CE has an average volume of 2700150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CE is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- CE is part of the Chemicals industry. There are 83 other stocks in this industry, CE did better than 67% of them.
CE Weekly and Daily overview Charts
CE Setup Rating and Analysis
Although CE has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
CE Support and Resistance Analysis
38.00
63.01
We found 4 important support areas.
- A support zone ranging from 50.89 to 51.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.63 to 49.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.22 from a horizontal line in the daily time frame.
- Support @38.38 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @57.47 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.86 to 60.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.39 from a horizontal line in the daily time frame.
CE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CE is up. |
| ChartMill Relative Strength | 82.16 | POSITIVE | CE has a high relative strength, it outperformed 82.16% 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) | UP | POSITIVE | The current price of CE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.57 | NEUTRAL | The RSI value for CE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests CE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.07 | OVERBOUGHT | The high Stochastics value suggests CE may be overbought. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for CE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for CE suggests a weak or negative trend. |
CE Chart- and CandleStick Pattern Analysis
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)
CE Technicals: Chart, Performance Metrics, Trend & Indicators
56.95
-3.38 (-5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-5.6%
1 Week-1.37%
2 Weeks15.47%
1 Month5.25%
3 Month34.67%
6 Month28.7%
12 Month-0.26%
2 Year-66.86%
3 Year-47.7%
5 Year-61.99%
10 Year-13.05%
15 Year28.35%
Volatility
ATR(14)3.94
ATR(20)%6.37%
ATR Inc-6.86%
Range Today4.32
ADR(20)3.51
ADR(20)%6.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.16
3 months CRS95.45
6 months CRS91.44
Mansfield1.63
10 Day High61.92
10 Day Low47.67
20 Day High61.92
20 Day Low46.64
52 Week High63.55
52 Week Low35.13
CS1 End51.57
CR1 Start57.47
Volume & EV
DER(3)-2.19%
DER(5)-1.55%
Volume2.75M
Volume Incr-14.28%
Vol(5)2.62M
Vol(50)2.70M
CELANESE CORP / CE TA FAQ
What is the ChartMill technical rating of CELANESE CORP (CE) stock?
ChartMill assigns a technical rating of 9 / 10 to CE.
Can you provide the trend direction for CELANESE CORP?
The current trend direction for CELANESE CORP (CE) is Bullish.
Can you provide the RSI signal for CELANESE CORP?
CELANESE CORP (CE) has an RSI value of 55.5718. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CELANESE CORP?
The MACD indicator for CELANESE CORP (CE) has a value of 0.546473, indicating a bearish trend.
Can you provide the buy/sell signal for CELANESE CORP?
The buy/sell signal for CELANESE CORP (CE) is buy as both the short term and long term trends are positive.