Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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EMN · Eastman Chemical Company

$68.38 +0.06% Sep 10 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$EMN

Eastman Chemical Company

Eastman Chemical Company is a mid-cap Chemicals: Specialty company in the Process Industries sector with a market cap of $8B.

Process Industries Chemicals: Specialty stock Stage 1 · Basing Base 1
$68.38 latest close
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $EMN. Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.

Historical verdict · setup score 0/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Earnings

Normal technical setup

No sourced report date Event risk is not modelled for this symbol

Deterministic evidence

EMN+0.06%
Sector proxy · XLB-1.23%
Broad market · SPY-0.60%
Same completed session window ending 2026-09-10. EMN was +1.29 points vs XLB. +0.66 points vs SPY.

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+0.06% From the open-0.38% Range position93% GapNo gap
QQQ confirmationDiverging (-1.06%) SMH confirmationDiverging (-2.44%)
Short-term conviction -1 points.
  • QQQ, SMH moved against the stock — no index confirmation.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $68.38 +0.1% Sep 10 close
52W High $83.47 14.7% below high
Wks Since High 28w
Base Depth 19.7% 22.6% today
RS Rank 1 percentile of scan
SMA 50 $70.68
Avg Vol 1,077,386
Rel Vol (Sep 10) 1.06×
More stats
52W Low $56.11
Tight Wks 0
Base B1
SMA 200 $70.77
RS Line vs High -25.6%
RS Line Slope -2.8% ▼
Group Rank #48/58
ADR% 2.3%
ATR(14) $1.82 (2.6%)
Vol Pace (live) N/A
U/D Vol 0.56
A/D Days 17A / 11D
A/D Rating A+
VDU Bars 0/10 d
Position in 52-week range 45thpercentile of the 52-week range
$56.11low
$83.47high

EMN Chart

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Technical Analysis Report Card

$EMN · $68.38 · as of 2026-09-10 · multi-factor read
0
/ 100
Technicals 0/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▼ Downtrend
Monthly ▼ Downtrend

Moving Averages

50-day$70.68 ↓
100-day$71.81 ↓
200-day$70.77 ↓
Death Cross (fresh)

RSI (14)

Reading38.2 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-0.601

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width-2% · 10.3%

Piercing the lower band — capitulation or strong selling.

Volume · Buyer vs Seller

Up/Down vol0.56 · Distribution
Rel volume1.06×

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $70.44swing level
R · $72.28swing level
R · $75.56swing level
Price · $68.38now
S · $67.82swing level
S · $66.57swing level
S · $64.59swing level

Fibonacci · Uptrend swing

23.6%$75.64
38.2%$73.53
50.0%$71.82
61.8%$70.11
78.6% ◄ price here$67.68

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Weekly downtrendMonthly downtrendBelow 200-day MA50/200 bearishVolume distributionRS 4 (laggard)
Want this read in a legend's voice? Ask a Legend about EMN
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 3 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini D

Trend-template read: fails Price > 150-day MA AND 200-day MA.

Passing evidence
1.2 150-day MA > 200-day MAMA150 $72.63 vs MA200 $70.59
1.5 Price > 50-day MAPrice $71.19 vs MA50 $70.63
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $71.19, MA150 $72.63, MA200 $70.59
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $70.63, MA150 $72.63, MA200 $70.59
3/8 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high14.7% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 2.60%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 4
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Avoid
Weinstein D

Stage-analysis read: basing (Stage 1) is not an advancing Stage 2.

Passing evidence
Price above 30-week MA (200-day proxy)Price $71.19 vs MA200 $70.59
Not extended from 52-week high (≤ 30% below)14.7% below 52-week high
Failing evidence
Stage 2 (Advancing phase) confirmedStage 1 (Basing)
Volume expansion above averageVolume ratio 0.55x
2/6 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$71.19
Distance from 52-week high14.7% below high
Failing evidence
Relative strengthRS 4
Volume vs average0.55x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$71.19
Distance from 52-week high14.7% below high
Failing evidence
Relative strengthRS 4
Volume vs average0.55x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$71.19
Distance from 52-week high14.7% below high
Failing evidence
Relative strengthRS 4
Volume vs average0.55x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Hammer — Long lower shadow with a small body near the high — buyers rejected lower prices. Bullish when it appears at support or after a pullback.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
90RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -1 A+
A: 13 D: 14 Net: -165 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 1/7 met
D 1/7 criteria
Separate score from the Minervini Trend Template (3/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY -7%
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 4
Stage 2 uptrend (Weinstein) Stage 1
Within 25% of 52W high -18.1%

Method Playbook

Trade it like Livermore EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Inverse Head & Shoulders bullish forming
80% built

Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~75.29 (neckline) to confirm, with a measured move toward ~84.58. A drop under the right shoulder near 71.17 weakens the structure; a close below the head near 66.00 invalidates it.

Confirms above 75.29
Invalidates at 66.00
Left Shoulder 71.01
Head 66.00
Right Shoulder 71.17
Neckline 75.29
Target 84.58

LS 71.01 / head 66.00 / RS 71.17, neckline ~75.29, 9.2% below confirmation

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis (historical)

0 setup score
RS Score 4
Trend template 3/8
Why This Setup?
watchlist_candidate · schematic

Near-miss 4/8 — needs: price above sma150 200, sma50 above sma150 200, price above 30pct of 52w low, rs score above 70

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

0/7 universals met
  • A relative-strength leader — not met RS rank 1 — laggard
  • In a confirmed uptrend — not met Stage 1 · Trend template 3/8 — no uptrend; don't bottom-fish
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.1× average — light
Why these seven? → The Universal Edge

Minervini Trend Template

3/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $68.38 vs SMA150 $72.51 / SMA200 $70.77
SMA 150 above SMA 200 SMA150 $72.51 vs SMA200 $70.77
SMA 200 trending up Slope +1.20 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $70.68
Price above SMA 50 $68.38 vs SMA50 $70.68
30%+ above 52-week low +21.9% from $56.11
Within 25% of 52-week high -18.1% from $83.47
RS score above 70 RS 4

Fundamentals

52W Range
45%
Mkt Cap SEC
7.8B
Rev YoY
-7%
EPS TTM
$4.10
P/E TTM
16.7x
Float
114M

Company

Company profile
Eastman Chemical Company
EMN · NYSE · Process Industries · Chemicals: Specialty

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