• Return to Headlines

Eastman Chemical Crosses Above its 10-day MA (EMN)

By James Quinn

Eastman Chemical (NYSE:EMN) crossed over its 10-day moving average of $104.05 on a volume of 217K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Eastman Chemical share prices have moved between a 52-week high of $112.45 and a 52-week low of $62.70 and are now trading 68% above that low price at $105.59 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Eastman Chemical. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Eastman Chemical in search of a potential trend change.

Keywords: moving crosses Eastman Chemical

Ticker(s): EMN