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Downtrend Broken Resist.Archive - 9/25/2026 - 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 first positive week for the Celanese (CE). During the week, the CE gained 1.68 points, or 3.70%, and closed at 47.09 on Friday, September 25, 2026. CE was trading at average weekly trading volume.
Long-term trend: [See CE long-term trend chart] A long-term downtrend had started on January 5, 2022 at 176.50 and reached 35.13 on November 18, 2025. CE lost 141.37 points, or 80.10%, in 201 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 21.22 and resistance is at 167.31. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
Medium-term trend: [See CE medium-term trend chart] A medium-term downtrend had started on May 5, 2026 at 70.70 and reached 41.11 on August 5, 2026. CE lost 29.59 points, or 41.85%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 48.28 and resistance is at 40.52. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See CE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 15, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 August 25, 2026 at 43.90 and reached 49.67 on September 23, 2026. CE gained -5.77 points, or -13.14%, in 29 days. The price is now at the 44.71% retracement level.
Daily Technical Indicators: [See CE daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 30, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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