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Archive
- 5/29/2026 -
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Eastman Chemical (EMN) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Eastman Chemical (EMN). During the week, the EMN gained 1.75 points, or 2.36%, and closed at 75.87 on Friday, May 29, 2026. Weekly volume was -42% 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 33.84% retracement level.
 Medium-term trend: [See EMN medium-term trend chart]
A medium-term uptrend had started on March 20, 2026 at 64.59 and reached 79.05 on May 4, 2026. EMN gained -14.46 points, or -22.39%, in 6 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 74.05 and resistance is at 80.10. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern 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 October 31, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See EMN short-term trend chart]
A short-term downtrend had started on May 4, 2026 at 79.05 and reached 67.82 on May 20, 2026. EMN lost 11.23 points, or 14.21%, in 16 days. The price is now at the 71.68% retracement level.
 Daily Technical Indicators: [See EMN daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
5 |
| Industry |
Diversified Chemicals |
83 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
79.05 |
| High Date |
05/04/2026 |
| Low |
67.82 |
| Low Date |
05/20/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
80.10 |
| Support |
74.05 |
| Low |
64.59 |
| Low Date |
03/20/2026 |
| High |
79.05 |
| High Date |
05/04/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
56.11 |
| Low Date |
11/20/2025 |
| High |
83.47 |
| High Date |
02/12/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
114.50 |
| High Date |
09/27/2024 |
| Low |
56.11 |
| Low Date |
11/20/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
130.47 |
| High Date |
06/01/2021 |
| Low |
56.11 |
| Low Date |
11/20/2025 |
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