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Eastman Chemical Company

EMNNYSE
Basic Materials
Chemicals - Specialty
$76.58
$-2.58(-3.26%)
U.S. Market opens in 17h 21m

Eastman Chemical Company (EMN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Eastman Chemical Company (NYSE:EMN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EMN Technical Analysis Summary

Eastman Chemical Company stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.57)
Trend Strength:Very Strong (ADX: 47.24)
Volatility:Medium (ATR: 2.55)
Support/Resistance:$66.03 – $84.96 (Bollinger Bands)

Technical conditions suggest Eastman Chemical Company is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.05

Bullish
Buying momentum building without extremes.

Williams %R: -28.91

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 14.12

Strongly Bullish
Strong upside momentum.

Takeaway:Eastman Chemical Company shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.20

Bullish
Bullish, trend momentum is strengthening.

ADX: 47.24

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.55

Medium
Medium volatility, healthy price movement.

CCI (14): 14.01

Neutral
Neutral, no strong directional signal.

Takeaway:Eastman Chemical Company shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$84.96
Middle Band (SMA 20)
$75.50
Lower Band
$66.03
Current Position
Within Bands

Takeaway:Eastman Chemical Company trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$81.20
Middle Line (EMA 20)
$76.10
Lower Channel
$71.01
Squeeze Status
No Squeeze

Takeaway:Eastman Chemical Company trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume22.85M
Money Flow Index70.41Bullish, inflows support continued momentum.
Relative Vigor Index67.27Bullish, price momentum strongly favors buyers.

Overall Takeaway:EMN shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Eastman Chemical Company, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Eastman Chemical Company are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ