Eastman Chemical (Germany) Momentum Indicators Commodity Channel Index

EAC Stock  EUR 95.70  2.82  2.86%   
Eastman Chemical momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Eastman Chemical. Eastman Chemical value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Eastman Chemical are pattern recognition functions that provide distinct formation on Eastman Chemical potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was two with a total number of output elements of fifty-nine. The Commodity Channel Index (CCI) is designed to detect Eastman Chemical beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Eastman Chemical is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Eastman Chemical Technical Analysis Modules

Most technical analysis of Eastman Chemical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eastman from various momentum indicators to cycle indicators. When you analyze Eastman charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Eastman Chemical Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eastman Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastman Chemical based on widely used predictive technical indicators. In general, we focus on analyzing Eastman Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastman Chemical's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Eastman Chemical's intrinsic value. In addition to deriving basic predictive indicators for Eastman Chemical, we also check how macroeconomic factors affect Eastman Chemical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
94.2495.7097.16
Details
Intrinsic
Valuation
LowRealHigh
80.1681.62105.27
Details
Naive
Forecast
LowNextHigh
95.3696.8298.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
93.9896.6499.30
Details

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Additional Information and Resources on Investing in Eastman Stock

When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Eastman Stock please use our How to Invest in Eastman Chemical guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.