Technical Analysis for EMN - Eastman Chemical Company

Grade Last Price % Change Price Change
F 101.96 -1.19% -1.23
EMN closed down 1.19 percent on Friday, May 20, 2022, on approximately normal volume.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Multiple of Ten Bullish Other 0.00%
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
20 DMA Resistance Bearish -1.19%
NR7 Range Contraction -1.19%
Gapped Down Weakness -1.19%
Fell Below 20 DMA Bearish -2.17%
50 DMA Resistance Bearish -4.62%

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Alert Time
Down 1 ATR about 16 hours ago
Lower Bollinger Band Support about 16 hours ago
Down 3% about 16 hours ago
Fell Below Lower Bollinger Band about 17 hours ago
Down 2 % about 19 hours ago

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Profile

Eastman Chemical Company Description

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.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: S&P 500 Chemical Electronics Alcohol Plastic Organic Compounds Chemical Substances Chemical Product Adhesives Polymers Commodity Chemicals Sulfur Thermoplastic Home Furnishings Cigarette Ethers Industrial Chemical Tire Cigar Solvents Cellulose Durable Good Polyester Ketones Synthetic Fiber Acetate Advanced Materials Excipients Yarn Film Products Plasticizer Cellulose Acetate Glycol Ethers Acetyl Products

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 130.47
52 Week Low 98.241
Average Volume 1,136,134
200-Day Moving Average 111.82
50-Day Moving Average 107.15
20-Day Moving Average 104.13
10-Day Moving Average 103.11
Average True Range 3.38
RSI 42.20
ADX 23.49
+DI 16.30
-DI 28.76
Chandelier Exit (Long, 3 ATRs) 103.19
Chandelier Exit (Short, 3 ATRs) 109.29
Upper Bollinger Bands 108.07
Lower Bollinger Band 100.19
Percent B (%b) 0.23
BandWidth 7.57
MACD Line -1.35
MACD Signal Line -1.46
MACD Histogram 0.1157
Fundamentals Value
Market Cap 13.81 Billion
Num Shares 135 Million
EPS 3.46
Price-to-Earnings (P/E) Ratio 29.45
Price-to-Sales 1.61
Price-to-Book 2.23
PEG Ratio 5.84
Dividend 2.64
Dividend Yield 2.59%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 109.15
Resistance 3 (R3) 109.19 106.84 107.95
Resistance 2 (R2) 106.84 105.01 106.82 107.55
Resistance 1 (R1) 104.40 103.88 103.23 104.36 107.15
Pivot Point 102.05 102.05 101.46 102.03 102.05
Support 1 (S1) 99.61 100.22 98.44 99.57 96.77
Support 2 (S2) 97.26 99.09 97.24 96.37
Support 3 (S3) 94.82 97.26 95.97
Support 4 (S4) 94.78