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EASTMAN CHEMICAL CO (EMN) Stock Technical Analysis

NYSE:EMN - New York Stock Exchange, Inc. - US2774321002 - Common Stock - Currency: USD

91.84  -0.86 (-0.93%)

Technical Rating and Analysis

2

Overall EMN gets a technical rating of 2 out of 10. 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
EMN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
EMN has an average volume of 1104520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 47% of all stocks.
EMN is part of the Chemicals industry. There are 84 other stocks in this industry, EMN did better than 57% of them.
EMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EMN is lagging the market.
Weekly and Daily overview Charts
EASTMAN CHEMICAL CO / EMN Weekly stock chart
EASTMAN CHEMICAL CO / EMN Daily stock chart
Setup Rating and Analysis

6

EMN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

86.37

102.10

When analyzing the support we notice one important area.

  • A support zone ranging from 87.24 to 87.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 92.47 to 95.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @97.91 from a trend line in the daily time frame.
  • Resistance @101.09 from a horizontal 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
CRS47.89
Mansfield-1.33
10 Day High94.85
10 Day Low90.78
20 Day High94.85
20 Day Low86.7
52 Week High114.5
52 Week Low80.89
Performance
1 Week0.56%
2 Weeks0.79%
1 Month1.05%
3 Month-8.29%
6 Month-4.91%
12 Month12.23%
2 Year5.14%
3 Year-22.05%
5 Year30.07%
10 Year30.77%
15 Year63.98%
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)0.62
RSI(14)49.12
LBB87.72
UBB95.71
EASTMAN CHEMICAL CO / EMN Daily stock chart

EASTMAN CHEMICAL CO

NYSE:EMN (1/30/2025, 12:04:58 PM)

91.84

-0.86 (-0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.93%
1 Week0.56%
2 Weeks0.79%
1 Month1.05%
3 Month-8.29%
6 Month-4.91%
12 Month12.23%
2 Year5.14%
3 Year-22.05%
5 Year30.07%
10 Year30.77%
15 Year63.98%
Volatility
ATR(14)2.02
ATR(20)%2.18%
ATR Inc-12.82%
Range Today1.8
ADR(20)1.96
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.89
Mansfield-1.33
10 Day High94.85
10 Day Low90.78
20 Day High94.85
20 Day Low86.7
52 Week High114.5
52 Week Low80.89
CS1 End92.47
CR1 Start92.75
Volume & EV
DER(3)0.58%
DER(5)1.14%
Volume355.83K
Volume Incr-13.57%
Vol(5)932.60K
Vol(50)1.10M