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Diversified Chemicals Industry Stocks Technical Analysis - EMNArchive
- 8/28/2026 -
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Eastman Chemical (EMN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Eastman Chemical (EMN). During the week, the EMN dropped -1.06 points, or -1.43%, and closed at 73.03 on Friday, August 28, 2026. Weekly volume was -53% below average.
 Long-term trend: [See EMN long-term trend chart]
A long-term downtrend had started on September 27, 2024 at 114.50 and reached 56.11 on November 20, 2025. EMN lost 58.39 points, or 51.00%, in 59 weeks. The price is now at the 28.98% retracement level.
 Medium-term trend: [See EMN medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 83.47 and reached 64.59 on March 20, 2026. EMN lost 18.88 points, or 22.62%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (72.54). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See EMN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since August 14, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See EMN short-term trend chart]
A short-term uptrend had started on July 1, 2026 at 66.00 and reached 75.75 on August 19, 2026. EMN gained -9.75 points, or -14.77%, in 49 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See EMN daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands (4.44%) is close to one year low (5.49%). It is 65.09% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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