Eastman Chemical $EMN Technical Update

The Eastman Chemical (NYSE: EMN) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for EMN, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Weak Weak
P1 73.46 64.69 63.76
P2 75.62 71.91 74.22
P3 77.09 78.27 83.86

Long Term Trading Plans for EMN

January 11, 2019, 8:00 am ET

The Technical Summary and Trading Plans for EMN help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this EMN Report.

EMN - (Long) Support Plan

The technical summary data tells us to buy EMN near 74.22 with an upside target of 83.86. This data also tells us to set a stop loss @ 73.96 to protect against excessive loss in case the stock begins to move against the trade. 74.22 is the first level of support below 76.45 , and by rule, any test of support is a buy signal. In this case, support 74.22 is being tested, a buy signal would exist.

EMN - (Short) Resistance Plan

The technical summary data is suggesting a short of EMN as it gets near 83.86 with a downside target of 74.22. We should have a stop loss in place at 84.12 though. 83.86 is the first level of resistance above 76.45, and by rule, any test of resistance is a short signal. In this case, if resistance 83.86 is being tested, a short signal would exist.

EMN Long Term Analysis

EMN EPS Analysis

EMN Dividend Chart

EMN Revenue chart

EMN Growth rate - Quarterly

EMN Growth rate - Yearly

EMN PE chart

EMN PEG chart