Technical Analysis for CE - Celanese Corporation

Grade Last Price % Change Price Change
F 72.90 0.97% 0.70
CE closed up 0.97 percent on Wednesday, November 20, 2024, on 2.11 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.97%
Volume Surge Other 0.97%
Narrow Range Bar Range Contraction 0.97%
New 52 Week Low Weakness 0.97%
Wide Bands Range Expansion 0.97%
Down 3 Days in a Row Weakness 0.97%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Down 1% about 20 hours ago
New 52 Week Low about 20 hours ago
Up 1% about 21 hours ago

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Profile

Celanese Corporation Description

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment offers specialty polymers for application in automotive, medical, and electronics products, as well as other consumer and industrial applications. The Consumer Specialties segment provides cellulose acetate flake, film, and tow used in filter products applications; Sunett, a sweetener; and food protection ingredients, such as sorbates and sorbic acid for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment produces emulsions and ethylene vinyl acetate (EVA) performance polymers. Its emulsions products are used in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and EVA performance polymers are used in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive, carpeting, and photovoltaic cells. The Acetyl Intermediates segment offers acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride, and acetate esters for use as starting materials for colorants, paints, adhesives, coatings, and medicines. It also provides organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. The company offers its products directly, as well as through distributors in North America, Europe, Africa, the Asia-Pacific, and South America. Celanese Corporation was founded in 2004 and is headquartered in Irving, Texas.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: S&P 500 Chemical Acid Beverage Textiles Organic Compounds Chemical Substances Adhesives Chemical Product Commodity Chemicals Polymers Carpet Thermoplastic Packaging Materials Medical Products Cellulose Pharmaceutical Industries Monomer Solvents Acetate Electronics Products Film Products Lamination Cellulose Acetate Glass Fiber Acetyl Products Filter Products

Is CE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 169.574
52 Week Low 71.38
Average Volume 1,678,591
200-Day Moving Average 138.11
50-Day Moving Average 118.09
20-Day Moving Average 98.30
10-Day Moving Average 76.87
Average True Range 3.83
RSI (14) 13.04
ADX 55.89
+DI 5.16
-DI 60.22
Chandelier Exit (Long, 3 ATRs) 120.77
Chandelier Exit (Short, 3 ATRs) 82.88
Upper Bollinger Bands 146.25
Lower Bollinger Band 50.36
Percent B (%b) 0.24
BandWidth 97.55
MACD Line -15.23
MACD Signal Line -13.14
MACD Histogram -2.0859
Fundamentals Value
Market Cap 7.94 Billion
Num Shares 109 Million
EPS 18.59
Price-to-Earnings (P/E) Ratio 3.92
Price-to-Sales 1.51
Price-to-Book 2.50
PEG Ratio 16.02
Dividend 2.80
Dividend Yield 3.84%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.66
Resistance 3 (R3) 75.46 74.34 75.20
Resistance 2 (R2) 74.34 73.64 74.44 75.05
Resistance 1 (R1) 73.62 73.20 73.98 73.82 74.89
Pivot Point 72.50 72.50 72.68 72.60 72.50
Support 1 (S1) 71.78 71.80 72.14 71.98 70.91
Support 2 (S2) 70.66 71.36 70.76 70.75
Support 3 (S3) 69.94 70.66 70.60
Support 4 (S4) 70.14