CELANESE CORP (CE)
US1508701034 - Common Stock
Taking everything into account, CE scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CE has a been trading in the 153.01 - 172.16 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CE is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by CE over the past year are nicely spread over this period.
CE is part of the Chemicals industry. There are 85 other stocks in this industry. CE outperforms 92% of them.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 154.44, a Stop Loss order could be placed below this zone.
More info and screens
119.76
173.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 154.44 to 154.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.27 from a trend line in the weekly time frame.
- Support @120.97 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 155.48 to 157.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 171.87 to 171.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.89
Mansfield0.67
10 Day High161.99
10 Day Low153.01
20 Day High172.16
20 Day Low153.01
52 Week High172.16
52 Week Low99.33
Performance
1 Week0.61%
2 Weeks-2.9%
1 Month-6.61%
3 Month6.36%
6 Month36.94%
12 Month46.3%
2 Year5.78%
3 Year-0.78%
5 Year44.06%
10 Year153.02%
15 Year645.82%
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)-1.04
RSI(14)41.87
LBB150
UBB165.83
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 157.91 | 154.43 | 3.48 (2.20%) | 25.00% |
| An entry @157.91. This is a Buy Stop order right above the resistance zone. | An exit @154.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.48 points, which is 2.20%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CELANESE CORP
NYSE:CE (4/24/2024, 7:04:00 PM)
After market: 155.43 0 (0%)155.43
-0.62 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.4%
1 Week0.61%
2 Weeks-2.9%
1 Month-6.61%
3 Month6.36%
6 Month36.94%
12 Month46.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.6
ATR(20)%2.32%
ATR Inc
Range Today3.09
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 High161.99
10 Day Low153.01
20 Day High172.16
20 Day Low153.01
52 Week High172.16
52 Week Low99.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume597.90K
Volume Incr-33.06%
Vol(5)487.02K
Vol(50)744.08K