Eastman Chemical Co’s recently made public that its SVP & Chf. Mfg. Ofc. Caveness Michelle H unloaded Company’s shares for reported $0.11 million on Mar 03 ’25. In the deal valued at $98.51 per share,1,147 shares were sold. As a result of this transaction, Caveness Michelle H now holds 1,167 shares worth roughly $96370.86.
Then, Caveness Michelle H bought 1,147 shares, generating $112,991 in total proceeds.
Before that, Costa Mark J sold 4,834 shares. Eastman Chemical Co shares valued at $483,787 were divested by the CEO & Board Chair at a price of $100.08 per share. As a result of the transaction, Costa Mark J now holds 446,586 shares, worth roughly $36.88 million.
JP Morgan downgraded its Eastman Chemical Co [EMN] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early April from “a Sector perform” to “an Outperform”. Citigroup also remained covering EMN and has increased its forecast on April 04, 2025 with a “Buy” recommendation from previously “Neutral” rating. Mizuho revised its rating on April 03, 2025. It rated EMN as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of EMN
On Friday, Eastman Chemical Co [NYSE:EMN] saw its stock jump 1.64% to $82.58. Over the last five days, the stock has gained 6.55%. Eastman Chemical Co shares have fallen nearly -9.57% since the year began. Nevertheless, the stocks have fallen -18.02% over the past one year. While a 52-week high of $114.50 was reached on 02/18/25, a 52-week low of $70.90 was recorded on 04/08/25. SMA at 50 days reached $82.83, while 200 days put it at $95.85.
Levels Of Support And Resistance For EMN Stock
The 24-hour chart illustrates a support level at 81.21, which if violated will result in even more drops to 79.83. On the upside, there is a resistance level at 83.28. A further resistance level may holdings at 83.97. The Relative Strength Index (RSI) on the 14-day chart is 56.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.09%. Stochastics %K at 71.91% indicates the stock is a holding.
