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Archive - 7/11/2025 - Sign In to see current Signals. |
Celanese (CE) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Celanese (CE). During the week, the CE climbed 0.15 points, or 0.25%, and closed at 61.03 on Friday, July 11, 2025. Weekly volume was -33% below average. CE is a member of Materials Sector. Materials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CE long-term trend chart] A long-term downtrend had started on March 28, 2024 at 172.16 and reached 36.29 on April 9, 2025. CE lost 135.87 points, or 78.92%, in 53 weeks. The price is now at the 18.21% retracement level.
Medium-term trend: [See CE medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 36.29 and reached 63.55 on July 10, 2025. CE gained -27.26 points, or -75.12%, in 13 weeks. The price is now at the 9.24% retracement level.
Weekly Technical Indicators: [See CE weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Relative Strength Index help. The weekly MACD line is above its signal line since April 17, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See CE short-term trend chart] A short-term uptrend had started on June 23, 2025 at 52.51 and reached 63.55 on July 10, 2025. CE gained -11.04 points, or -21.02%, in 17 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 60.06 and resistance is at 65.37. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See CE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since July 1, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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