Logo image of CE

CELANESE CORP (CE) Stock Technical Analysis

NYSE:CE - New York Stock Exchange, Inc. - US1508701034 - Common Stock

74.02  +1.41 (+1.94%)

After market: 74.3 +0.28 (+0.38%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CE. In the past year, CE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

96% of all other stocks performed better in the past year than CE.
CE is part of the Chemicals industry. There are 85 other stocks in this industry, of which 92% are performing better than CE.
CE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CE has a been trading in the 64.05 - 74.84 range, which is quite wide. It is currently trading near the high of this range.
CE has an average volume of 2811680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CE Weekly chart
CE Daily chart
Setup Rating and Analysis

3

The technical rating of CE 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

73.28

129.34

We can see 5 important resistance areas.

  • A resistance zone ranging from 74.03 to 74.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @117.99 from a trend line in the weekly time frame.
  • Resistance @120.96 from a trend line in the daily time frame.
  • Resistance @123.14 from a trend line in the weekly time frame.
  • Resistance @128.06 from a trend line in the daily time frame.
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
CRS4.52
Mansfield-4.76
10 Day High74.84
10 Day Low64.05
20 Day High74.84
20 Day Low64.05
52 Week High172.16
52 Week Low64.05
Performance
1 Week9.85%
2 Weeks11.93%
1 Month8.95%
3 Month-42.56%
6 Month-46.78%
12 Month-49.35%
2 Year-39.92%
3 Year-52.46%
5 Year-28.48%
10 Year37.69%
15 Year154.36%
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)1.48
RSI(14)59.67
LBB63.02
UBB74.43
CE Daily chart

CELANESE CORP

NYSE:CE (1/21/2025, 8:04:00 PM)

After market: 74.3 +0.28 (+0.38%)

74.02

+1.41 (+1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.94%
1 Week9.85%
2 Weeks11.93%
1 Month8.95%
3 Month-42.56%
6 Month-46.78%
12 Month-49.35%
2 Year-39.92%
3 Year-52.46%
5 Year-28.48%
10 Year37.69%
15 Year154.36%
Volatility
ATR(14)2.25
ATR(20)%2.76%
ATR Inc-22.07%
Range Today1.58
ADR(20)1.83
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.52
Mansfield-4.76
10 Day High74.84
10 Day Low64.05
20 Day High74.84
20 Day Low64.05
52 Week High172.16
52 Week Low64.05
CS1 EndN/A
CR1 Start74.03
Volume & EV
DER(3)-1.7%
DER(5)0%
Volume2.54M
Volume Incr-17.04%
Vol(5)1.98M
Vol(50)2.81M