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Downtrend Broken Resist.Archive - 6/12/2026 - 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 2.45 points, or 4.80%, and closed at 53.48 on Friday, June 12, 2026. Weekly volume was -29% below average.
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 25.92 and resistance is at 167.87. 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 uptrend had started on November 18, 2025 at 35.13 and reached 70.70 on May 5, 2026. CE gained -35.57 points, or -101.25%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (58.17) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See CE weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since May 15, 2026. Use the following link to access a MACD help.
Short-term trend: [See CE short-term trend chart] A short-term downtrend had started on June 3, 2026 at 56.94 and reached 48.71 on June 8, 2026. CE lost 8.23 points, or 14.45%, in 5 days. The price is now at the 57.96% 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 June 11, 2026. The distance between MACD and the signal line is low, but getting bigger.
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