EASTMAN CHEMICAL CO (EMN)

US2774321002 - Common Stock

95.82  -0.54 (-0.56%)

Technical Rating and Analysis

6

Overall EMN gets a technical rating of 6 out of 10. EMN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month EMN has a been trading in the 95.27 - 102.71 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EMN is part of the Chemicals industry. There are 85 other stocks in this industry. EMN outperforms 73% of them.
EMN 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 EMN is performing more or less in line with the market.
EMN has an average volume of 1024300 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 EMN is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
EMN Weekly chart
EMN Daily chart
Setup Rating and Analysis

4

EMN 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.

Support and Resistance Analysis

70.34

103.04

We found 3 important support areas.

  • A support zone ranging from 89.94 to 90.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 82.12 to 82.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @71.05 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 98.78 to 102.02. 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
CRS77.68
Mansfield0.38
10 Day High101.36
10 Day Low95.27
20 Day High102.71
20 Day Low95.27
52 Week High102.71
52 Week Low68.89
Performance
1 Week0.41%
2 Weeks-4.26%
1 Month-1.99%
3 Month13.47%
6 Month32.76%
12 Month14.35%
2 Year-6.15%
3 Year-16.49%
5 Year22.16%
10 Year10.54%
15 Year142.84%
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)-0.74
RSI(14)49.25
LBB94.13
UBB102.05
EMN Daily chart

EASTMAN CHEMICAL CO

NYSE:EMN (4/25/2024, 2:55:08 PM)

95.82

-0.54 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.56%
1 Week0.41%
2 Weeks-4.26%
1 Month-1.99%
3 Month13.47%
6 Month32.76%
12 Month14.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.74
ATR(20)%1.81%
ATR Inc
Range Today1.4
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 High101.36
10 Day Low95.27
20 Day High102.71
20 Day Low95.27
52 Week High102.71
52 Week Low68.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.37M
Volume Incr-25.03%
Vol(5)777.72K
Vol(50)1.02M