EASTMAN CHEMICAL CO (EMN) Stock Technical Analysis
NYSE:EMN - New York Stock Exchange, Inc. - US2774321002 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to EMN. 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 96.54 - 103.82 range, which is quite wide. It is currently trading near the lows of this range.
EMN has an average volume of 1095500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 61% of all stocks.
EMN is part of the Chemicals industry. There are 85 other stocks in this industry, EMN did better than 69% of them.
EMN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMN is lagging the market slightly.
Although the technical rating is bad, EMN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
86.37
106.90
2 important support areas can be observed.
- Support @88.98 from a trend line in the weekly time frame.
- A support zone ranging from 87.24 to 87.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 99.51 to 100.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 102.62 to 103.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @105.84 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.95
Mansfield-0.73
10 Day High103.82
10 Day Low96.77
20 Day High103.82
20 Day Low96.54
52 Week High114.5
52 Week Low86.7
Performance
1 Week-0.88%
2 Weeks-3.67%
1 Month5.59%
3 Month-6.56%
6 Month-4.42%
12 Month12.36%
2 Year14.85%
3 Year-17.41%
5 Year59.08%
10 Year31.41%
15 Year64.32%
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)-0.61
RSI(14)49.01
LBB96.31
UBB103.37
97.85
+0.95 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.98%
1 Week-0.88%
2 Weeks-3.67%
1 Month5.59%
3 Month-6.56%
6 Month-4.42%
12 Month12.36%
2 Year14.85%
3 Year-17.41%
5 Year59.08%
10 Year31.41%
15 Year64.32%
Volatility
ATR(14)1.96
ATR(20)%2.56%
ATR Inc-24.6%
Range Today1.61
ADR(20)2.19
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.95
Mansfield-0.73
10 Day High103.82
10 Day Low96.77
20 Day High103.82
20 Day Low96.54
52 Week High114.5
52 Week Low86.7
CS1 End88.98
CR1 Start99.51
Volume & EV
DER(3)1.16%
DER(5)1.05%
Volume866.40K
Volume Incr-29.17%
Vol(5)817.66K
Vol(50)1.10M