SmarTrend identified an Uptrend for Eastman Chemical (NYSE:EMN) on November 23rd, 2012 at $59.54. In approximately 2 months, Eastman Chemical has returned 19.16% as of today's recent price of $70.95.

Over the past year, Eastman Chemical has traded in a range of $41.54 to $72.11 and is now at $70.95, 71% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

Eastman Chemical Company is an international chemical company which produces chemicals, fibers, and plastics. The Company's operations include coatings, adhesives, specialty polymers, and Inks, fibers, performance chemicals and intermediates, performance polymers, and specialty plastics.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Eastman Chemical shares.

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