NYSE:CE • US1508701034
Taking everything into account, CE scores 7 out of 10 in our technical rating. In the last year, CE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although CE has an excellent technical rating, it does not present a decent entry opportunity 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
We found 3 important support 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 | NEUTRAL | NEUTRAL | The long term trend for CE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CE is up. |
| ChartMill Relative Strength | 78.99 | POSITIVE | CE has a high relative strength, it outperformed 78.99% 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) | 73.21 | OVERBOUGHT | The high RSI value suggests CE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests CE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.45 | OVERBOUGHT | The high Stochastics value suggests CE may be overbought. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.77 | POSITIVE | The high ADX value value for CE suggests a strong trend. |
58.82
-1.74 (-2.87%)
ChartMill assigns a technical rating of 7 / 10 to CE.
The current trend direction for CELANESE CORP (CE) is Bearish.
CELANESE CORP (CE) has an RSI value of 73.2104. This indicates that the stock is currently overbought.
The MACD indicator for CELANESE CORP (CE) has a value of 1.1762, indicating a bullish trend.