EMN Technical Signal Analysis
EMN have 4 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -6.71%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of EMN over last 5 trading day is $96,672,675.23
4 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.93
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-184.51
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
15.05
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.3
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-2.53
Bearish
Momentum (10 days)
MOM_10 < 0
-6.36
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.05
Bearish
Closing price
close < fibonacci_S1
90.54
Bearish
Moving Average
5-day SMA crosses below 60-day SMA
--
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.93
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-184.51
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
15.05
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.3
Bullish
EMN Support and Resistance Level
The support levels for EMN are at 91.02, 88.59, and 84.67, while the resistance levels are at 98.87, 101.3, and 105.23. With the current stock price at 90.54, it is leaning more toward the support levels.
EMN Technical Analysis
Technical Analysis of EMN Stock
Current Price and Recent Performance
As of the latest data, Eastman Chemical Company (EMN) is trading at $98.79 (2025-03-07 close). The stock has shown a +1.91% gain in the regular market session, with moderate trading volume of 870,458 shares.
Technical Indicators
RSI (6, 12, 14):
- RSI_6: 57.05
- RSI_12: 53.29
- RSI_14: 53.10
These values are in the neutral zone, indicating the stock is not oversold or overbought.
Stochastic Oscillator (14, 3, 3):
- StochK: 48.48
- StochD: 33.51
The StochK line is above the StochD line, suggesting a potential bullish crossover.
MACD (12, 26, 9):
- MACD Line: -0.02
- Signal Line: -0.41
- Histogram: 0.40
The MACD line is slightly below the signal line, but the histogram shows a bullish divergence, indicating potential upward momentum.
Bollinger Bands (20, 3):
- Upper Band: 106.08
- Middle Band: 98.90
- Lower Band: 91.72
The stock is currently near the lower band, suggesting it may be undervalued and due for a bounce.
Fibonacci Levels
- Fibonacci Pivot: 96.53
- Fibonacci S1: 93.43
- Fibonacci R1: 99.63
The stock is trading above the S1 level, which acts as a strong support. Breaking above R1 could signal further upside.
Price Action and Volume
The stock has been consolidating between $96.06 and $99.19. The recent price action shows a bullish engulfing candlestick pattern, indicating buying interest at lower levels.
Analyst Sentiment
Analysts maintain a "Moderate Buy" consensus rating, with a mean price target of $114.70, representing a +16.1% upside from current levels.
Recommendation
Based on the technical indicators, Fibonacci levels, and analyst sentiment, EMN is positioned for a bullish move.
Buy Recommendation:
- Entry Price: $98.79
- Target Price: $103.50
- Stop-Loss: $96.06
This recommendation is based on the stock's neutral RSI, bullish MACD divergence, and proximity to Bollinger Band support.
EMN FAQs
Which bull technical signals does EMN have?
Which bearish technical signals does EMN have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for EMN stock?
Is EMN a buy based on overall technical signals summary?
EMN Buy or Sell
EMN has 4 buy signals and 5 sell signals now. Overall the technical rating for EMN is Neutral.
Neutral
Sell
5
Buy
4
EMN Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 90.54 below the SMA_5. In the short term, the stock shows a negative trend with the 94.66 below the SMA_20. In the mid term, the stock shows a positive trend with the 97.61 above the SMA_60. In the long term, the stock shows a negative trend with the 95 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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