Eastman Chemical (Brazil) Technical Analysis
| E1MN34 Stock | BRL 275.40 0.00 0.00% |
As of the 4th of January, Eastman Chemical shows the Variance of 0.0062, coefficient of variation of 812.4, and Information Ratio of (0.16). Eastman Chemical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Eastman Chemical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eastman, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EastmanEastman |
Eastman Chemical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Eastman Chemical Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Eastman Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eastman Chemical Trend Analysis
Use this graph to draw trend lines for Eastman Chemical. You can use it to identify possible trend reversals for Eastman Chemical as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eastman Chemical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eastman Chemical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eastman Chemical applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Eastman Chemical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.0, which is the sum of squared deviations for the predicted Eastman Chemical price change compared to its average price change.About Eastman Chemical Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eastman Chemical on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eastman Chemical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eastman Chemical price pattern first instead of the macroeconomic environment surrounding Eastman Chemical. By analyzing Eastman Chemical's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eastman Chemical's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eastman Chemical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eastman Chemical January 4, 2025 Technical Indicators
Most technical analysis of Eastman 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0068 | |||
| Mean Deviation | 0.0191 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.0787 | |||
| Variance | 0.0062 | |||
| Information Ratio | (0.16) | |||
| Total Risk Alpha | (0) | |||
| Maximum Drawdown | 0.6395 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Complementary Tools for Eastman Stock analysis
When running Eastman Chemical's price analysis, check to measure Eastman Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.
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