EASTMAN CHEMICAL CO (EMN)

US2774321002 - Common Stock

103.6  +2.23 (+2.2%)

After market: 103.6 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to EMN. EMN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, EMN outperforms 67% of them, which is more or less in line with the market.
EMN is an average performer in the Chemicals industry, it outperforms 67% of 84 stocks in the same industry.
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.
In the last month EMN has a been trading in the 98.17 - 107.02 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

8

EMN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 103.57, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

92.88

104.64

We found 2 important support areas.

  • A support zone ranging from 100.05 to 103.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 93.82 to 95.97. 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
CRS67.25
Mansfield-0.44
10 Day High104.11
10 Day Low100.11
20 Day High107.02
20 Day Low98.17
52 Week High114.5
52 Week Low80.71
Performance
1 Week2.83%
2 Weeks0.06%
1 Month-2.92%
3 Month2.78%
6 Month3.36%
12 Month26.51%
2 Year19.6%
3 Year-0.66%
5 Year32.19%
10 Year24.94%
15 Year72.32%
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)0.19
RSI(14)50.08
LBB99.27
UBB104.43
EMN Daily chart

EASTMAN CHEMICAL CO

NYSE:EMN (11/21/2024, 8:24:40 PM)

After market: 103.6 0 (0%)

103.6

+2.23 (+2.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.2%
1 Week2.83%
2 Weeks0.06%
1 Month-2.92%
3 Month2.78%
6 Month3.36%
12 Month26.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.25
ATR(20)%2.19%
ATR Inc
Range Today3.19
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 High104.11
10 Day Low100.11
20 Day High107.02
20 Day Low98.17
52 Week High114.5
52 Week Low80.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr20.83%
Vol(5)1.21M
Vol(50)968.01K