EASTMAN CHEMICAL CO (EMN)

US2774321002 - Common Stock

97.17  -0.84 (-0.86%)

After market: 97.17 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to EMN. In the last year, EMN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

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 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.
When comparing the performance of all stocks over the past year, EMN turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
EMN is part of the Chemicals industry. There are 84 other stocks in this industry, EMN did better than 68% of them.
In the last month EMN has a been trading in the 94.09 - 102.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EMN Weekly chart
EMN Daily chart
Setup Rating and Analysis

3

EMN has an average technical rating and it also does not offer a high 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

104.93

When analyzing the support we notice one important area.

  • A support zone ranging from 93.82 to 95.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 97.99 to 100.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 102.02 to 103.89. This zone is formed by a combination of multiple trend lines 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
CRS63.63
Mansfield-0.07
10 Day High102.55
10 Day Low96.54
20 Day High102.55
20 Day Low94.09
52 Week High105.98
52 Week Low68.89
Performance
1 Week-3.79%
2 Weeks-1.58%
1 Month1.79%
3 Month-5.93%
6 Month8.18%
12 Month22.18%
2 Year36.76%
3 Year-3.54%
5 Year31.61%
10 Year20.13%
15 Year81.49%
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)-0.16
RSI(14)44.52
LBB96.42
UBB102.62
EMN Daily chart

EASTMAN CHEMICAL CO

NYSE:EMN (9/6/2024, 8:10:21 PM)

After market: 97.17 0 (0%)

97.17

-0.84 (-0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.86%
1 Week-3.79%
2 Weeks-1.58%
1 Month1.79%
3 Month-5.93%
6 Month8.18%
12 Month22.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.8
ATR(20)%1.84%
ATR Inc
Range Today2.33
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 High102.55
10 Day Low96.54
20 Day High102.55
20 Day Low94.09
52 Week High105.98
52 Week Low68.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.59M
Volume Incr33.4%
Vol(5)978.68K
Vol(50)826.12K