Technical Analysis for EMN - Eastman Chemical Company

Grade Last Price % Change Price Change
grade C 73.58 -2.13% -1.60
EMN closed down 2.13 percent on Wednesday, August 12, 2020, on approximately normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical EMN trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Crossed Above 20 DMA Bullish -2.13%
Bollinger Band Squeeze Range Contraction -2.13%
Gapped Up Strength -2.13%
Up 3 Days in a Row Strength -2.13%
Bollinger Band Squeeze Range Contraction -0.90%
Crossed Above 50 DMA Bullish 0.71%
Bollinger Band Squeeze Range Contraction 0.71%
Outside Day Range Expansion 0.71%

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Profile

Eastman Chemical Company, a specialty chemical company, engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. The company's Additives & Functional Products segment offers solvents that include specialty coalescents and ketones, esters, glycol ethers, and alcohol solvents; and cellulose and polyester-based specialty polymers that are used in coatings, consumables, health and wellness, electronics, and industrial chemicals. It also provides insoluble sulfur products; antidegradant products; and performance resins and cellulosic products for the tires industry. Its Adhesives & Plasticizers segment manufactures resins and plasticizers, which are used in the consumables, building and construction, durable goods, health and wellness, and industrial chemicals and processing markets. The company's Advanced Materials segment produces and markets specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products that are used in transportation, consumables, building and construction, durable goods, health and wellness, and electronics sectors. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for use in the manufacture of cigarette filters; Estron natural and Chromspun solutions dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers. This segments product includes acetate tow, acetate yarn, and acetyl chemical products. The company's Specialty Fluids & Intermediates segment provides specialty fluids, acetyl products, and olefin derivatives that are used in industrial chemicals and processing; building and construction; health and wellness; energy, fuels, and water; consumables; and agriculture markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Energy Chemistry Transportation Electronics Chemicals Chemical Plastics Organic Compounds Chemical Substances Commodity Chemicals Industrial Chemicals Thermoplastics Cellulose Synthetic Fibers Excipients Plasticizer Acetyl Products Advanced Materials

Is EMN 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 83.99
52 Week Low 34.44
Average Volume 1,110,824
200-Day Moving Average 68.55
50-Day Moving Average 72.60
20-Day Moving Average 75.05
10-Day Moving Average 73.64
Average True Range 2.20
ADX 17.11
+DI 26.08
-DI 25.70
Chandelier Exit (Long, 3 ATRs ) 72.36
Chandelier Exit (Short, 3 ATRs ) 76.24
Upper Bollinger Band 78.71
Lower Bollinger Band 71.40
Percent B (%b) 0.3
BandWidth 9.74
MACD Line 0.44
MACD Signal Line 0.81
MACD Histogram -0.3753
Fundamentals Value
Market Cap 10.66 Billion
Num Shares 145 Million
EPS 6.23
Price-to-Earnings (P/E) Ratio 11.81
Price-to-Sales 1.43
Price-to-Book 2.74
PEG Ratio 1.41
Dividend 2.04
Dividend Yield 2.77%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 77.26
Resistance 3 (R3) 77.64 76.79 76.65
Resistance 2 (R2) 76.79 75.85 76.60 76.44
Resistance 1 (R1) 75.19 75.27 74.76 74.81 76.24
Pivot Point 74.34 74.34 74.13 74.15 74.34
Support 1 (S1) 72.73 73.40 72.31 72.35 70.92
Support 2 (S2) 71.88 72.82 71.70 70.72
Support 3 (S3) 70.28 71.88 70.51
Support 4 (S4) 69.90