EMN NEWS why is Eastman Chemical Company price falling or rising

EMN NEWS reasons for why stock price of Eastman Chemical Company is falling or rising

EMN Eastman Chemical is falling or rising technical reasons

Technical analysis forecast of Eastman Chemical Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Eastman Chemical EMN at this time. Stock is rising and might rise more.

It appears as if Eastman Chemical EMN gave a large move recently.

Stock of Eastman Chemical (EMN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Eastman Chemical is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eastman Chemical stays above 98.6, but if it comes below 98.6, then a intra day sell could be more profitable.
If you take a sell trade below 98.6, then use 98.6 as stoploss and 96.76 as target. However if you take a buy trade in Eastman Chemical, then use 98.6 as stoploss and 100.9 as target.

EMN Eastman Chemical is falling or rising NEWS fundamental reasons

More announcements and NEWS

EMN Eastman Chemical Company current price & indicator signals

Moving Averages for Eastman Chemical Company

  • 5Day Average: 96.27
  • 12Day Average: 96.42
  • 20Day Average: 97.17
  • 50Day Average: 95.04
  • 100Day Average: 90.68
  • 150Day Average: 86.56
  • 200Day Average: 85.2

EMN Indicators & signals

Indicator MACD (12,26,9)

96.78, 96.53, 0.36
Indicator MACD is in positive zone

Indicator ADX (14)

17.39, 26.09, 18.36
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EMN Eastman Chemical Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon May 2024 98.75 97.80 to 98.76 1.28% 0.61 times
03 Fri May 2024 97.50 96.62 to 98.65 1.65% 0.84 times
02 Thu May 2024 95.92 94.15 to 96.25 1.22% 0.67 times
01 Wed May 2024 94.76 94.53 to 96.50 0.34% 0.98 times
30 Tue Apr 2024 94.44 94.29 to 96.81 -2.98% 0.87 times
29 Mon Apr 2024 97.34 96.60 to 99.25 1.86% 1.28 times
26 Fri Apr 2024 95.56 94.32 to 97.74 -0.59% 1.31 times
25 Thu Apr 2024 96.13 94.85 to 96.25 -0.24% 1.6 times
24 Wed Apr 2024 96.36 95.92 to 97.05 -0.45% 1.05 times
23 Tue Apr 2024 96.80 96.39 to 97.24 -0.27% 0.63 times
22 Mon Apr 2024 97.06 95.81 to 97.77 0.66% 0.77 times
19 Fri Apr 2024 96.42 96.00 to 96.99 0.42% 0.68 times

Videos related to: EMN NEWS why is Eastman Chemical Company price falling or rising

Videos related to: EMN NEWS why is Eastman Chemical Company price falling or rising

Hindi Video What Is Needed To Succeed In Stock Markets

Hindi Basics How To Trade In FnO Futures Options Stock Market

EMN NEWS why is Eastman Chemical Company price falling or rising

 

Back to top