Technical Analysis for CE - Celanese Corporation

Grade Last Price % Change Price Change
B 154.49 -0.28% -0.44
CE closed down 0.28 percent on Wednesday, April 17, 2024, on 53 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 7
*** please verify all earnings dates ***
4 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -0.28%
Lower Bollinger Band Walk Weakness -0.28%
Down 3 Days in a Row Weakness -0.28%
Gapped Down Weakness -0.28%
Lower Bollinger Band Touch Weakness -0.28%

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Profile

Celanese Corporation Description

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment offers specialty polymers for application in automotive, medical, and electronics products, as well as other consumer and industrial applications. The Consumer Specialties segment provides cellulose acetate flake, film, and tow used in filter products applications; Sunett, a sweetener; and food protection ingredients, such as sorbates and sorbic acid for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment produces emulsions and ethylene vinyl acetate (EVA) performance polymers. Its emulsions products are used in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and EVA performance polymers are used in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive, carpeting, and photovoltaic cells. The Acetyl Intermediates segment offers acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride, and acetate esters for use as starting materials for colorants, paints, adhesives, coatings, and medicines. It also provides organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. The company offers its products directly, as well as through distributors in North America, Europe, Africa, the Asia-Pacific, and South America. Celanese Corporation was founded in 2004 and is headquartered in Irving, Texas.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: S&P 500 Chemical Acid Beverage Textiles Organic Compounds Chemical Substances Adhesives Chemical Product Commodity Chemicals Polymers Carpet Thermoplastic Packaging Materials Medical Products Pharmaceutical Industries Cellulose Monomer Solvents Acetate Electronics Products Lamination Film Products Cellulose Acetate Glass Fiber Acetyl Products Filter Products

Is CE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 172.16
52 Week Low 97.3154
Average Volume 747,995
200-Day Moving Average 135.97
50-Day Moving Average 157.20
20-Day Moving Average 164.25
10-Day Moving Average 159.86
Average True Range 3.79
RSI (14) 39.02
ADX 24.22
+DI 18.66
-DI 29.69
Chandelier Exit (Long, 3 ATRs) 160.79
Chandelier Exit (Short, 3 ATRs) 164.91
Upper Bollinger Bands 175.26
Lower Bollinger Band 153.25
Percent B (%b) 0.06
BandWidth 13.40
MACD Line -0.67
MACD Signal Line 1.34
MACD Histogram -2.007
Fundamentals Value
Market Cap 16.82 Billion
Num Shares 109 Million
EPS 18.59
Price-to-Earnings (P/E) Ratio 8.31
Price-to-Sales 1.51
Price-to-Book 2.50
PEG Ratio 16.02
Dividend 2.80
Dividend Yield 1.81%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 159.10
Resistance 3 (R3) 159.40 158.18 158.33
Resistance 2 (R2) 158.18 157.00 158.02 158.07
Resistance 1 (R1) 156.33 156.28 155.72 156.03 157.82
Pivot Point 155.11 155.11 154.80 154.95 155.11
Support 1 (S1) 153.26 153.93 152.65 152.96 151.16
Support 2 (S2) 152.04 153.21 151.88 150.91
Support 3 (S3) 150.19 152.04 150.65
Support 4 (S4) 149.89