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Eastman Chemical Breaks Above 200-Day Moving Average - Bullish for EMN

By Dividend Channel Staff, Tuesday, August 29, 4:53 PM ET
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In trading on Tuesday, shares of Eastman Chemical Co (NYSE:EMN) crossed above their 200 day moving average of $84.04, changing hands as high as $84.49 per share. Eastman Chemical Co shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of EMN shares, versus its 200 day moving average:

Eastman Chemical Co 200 Day Moving Average Chart

Looking at the chart above, EMN's low point in its 52 week range is $69.91 per share, with $96.19 as the 52 week high point — that compares with a last trade of $84.25. The EMN DMA information above was sourced from TechnicalAnalysisChannel.com

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