EASTMAN CHEMICAL CO (EMN) Stock Technical Analysis
NYSE:EMN - US2774321002 - Common Stock
69.695 USD
+3.68 (+5.58%)
We assign a technical rating of 0 out of 10 to EMN. EMN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than EMN.
EMN is one of the lesser performing stocks in the Chemicals industry. 83% of 84 stocks in the same industry do better.
EMN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
EMN has an average volume of 1809760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EMN has a been trading in the 56.78 - 78.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of EMN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.36
86.52
When analyzing the support we notice one important area.
- A support zone ranging from 66.02 to 66.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 73.24 to 74.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.82 from a horizontal line in the daily time frame.
- Resistance @82.77 from a horizontal line in the daily time frame.
- Resistance @85.66 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for EMN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMN is down. |
| ChartMill Relative Strength | 8.47 | NEGATIVE | EMN has a low relative strength, it was outperformed by 91.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EMN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.33 | NEUTRAL | The RSI value for EMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests EMN has a positive trend. |
| Stochastics (14,3) | 78.65 | NEUTRAL | The Stochastics value for EMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for EMN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for EMN suggests a strong trend. |
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)
NYSE:EMN (8/22/2025, 3:20:59 PM)
69.695
+3.68 (+5.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg5.58%
1 Week-0.59%
2 Weeks7.74%
1 Month-14.64%
3 Month-18.04%
6 Month-33.13%
12 Month-34.51%
2 Year-22.35%
3 Year-27.46%
5 Year-9.71%
10 Year-8.9%
15 Year7.25%
Volatility
ATR(14)1.8
ATR(20)%3.78%
ATR Inc-59.44%
Range Today3.46
ADR(20)1.99
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.47
Mansfield-3.2
10 Day High67.4
10 Day Low60.72
20 Day High78.53
20 Day Low56.78
52 Week High114.5
52 Week Low56.78
CS1 EndN/A
CR1 Start66.02
Volume & EV
DER(3)0.26%
DER(5)1.88%
Volume870.90K
Volume Incr-45.65%
Vol(5)1.13M
Vol(50)1.81M