EASTMAN CHEMICAL CO (EMN)

US2774321002 - Common Stock

101.47  -2.07 (-2%)

After market: 101.47 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, EMN scores 2 out of 10 in our technical rating. EMN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month EMN has a been trading in the 98.17 - 111.79 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, EMN outperforms 64% of them, which is more or less in line with the market.
EMN is an average performer in the Chemicals industry, it outperforms 65% of 84 stocks in the same industry.
EMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMN is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EMN Weekly chart
EMN Daily chart
Setup Rating and Analysis

3

The technical rating of EMN 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

92.88

106.95

When analyzing the support we can see 2 important areas.

  • Support @100.20 from a trend line in the daily time frame.
  • A support zone ranging from 93.82 to 95.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 103.23 to 105.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS64.57
Mansfield-0.72
10 Day High106.9
10 Day Low98.17
20 Day High111.79
20 Day Low98.17
52 Week High114.5
52 Week Low76.28
Performance
1 Week0.39%
2 Weeks-3.76%
1 Month-8.23%
3 Month6.74%
6 Month0.44%
12 Month31.56%
2 Year17.14%
3 Year-2.7%
5 Year29.48%
10 Year22.37%
15 Year68.78%
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)-0.54
RSI(14)38.07
LBB99.46
UBB108.9
EMN Daily chart

EASTMAN CHEMICAL CO

NYSE:EMN (11/8/2024, 8:04:00 PM)

After market: 101.47 0 (0%)

101.47

-2.07 (-2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2%
1 Week0.39%
2 Weeks-3.76%
1 Month-8.23%
3 Month6.74%
6 Month0.44%
12 Month31.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.31
ATR(20)%2.16%
ATR Inc
Range Today1.78
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 High106.9
10 Day Low98.17
20 Day High111.79
20 Day Low98.17
52 Week High114.5
52 Week Low76.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.12M
Volume Incr65.95%
Vol(5)1.34M
Vol(50)934.26K