Check historical price trends and seasonality for Eastman Chemical Company (EMN).
Eastman Chemical Company (EMN) average YTD return over the past 10 years is +1.82%.
Over the past 10 years, the return for the specified period (Apr 18 for 60 days) is -4.02%.
4 wins 3 losses with a win rate of 57.14%.
1) Overview:
Eastman Chemical tends to experience a bullish phase from early January, peaking around June 7 with an average gain of +5.3%. A significant bearish phase typically follows, starting in August and bottoming out around October 12 with an average loss of -5.1%. The stock then recovers somewhat through the end of the year, showing a modest increase to around +1.8% by December 31.
2) Buy-the-dip points:
The most significant dip opportunity appears around October 12, where the stock tends to be down -5.1% on average, presenting a potential entry point for a rebound into year-end. Another, less pronounced, pullback occurs in August, with the stock declining by -3.3% by August 5, offering another possible buying opportunity. A smaller dip occurs in late March, with the stock declining by -3.0% by March 23.
3) Summary:
Based on historical seasonality, a potential investment strategy could involve buying Eastman Chemical during the significant dip around October 12, capitalizing on the tendency for the stock to recover into the end of the year. Another entry point could be in late March. Investors should be aware of the substantial decline that typically occurs starting in August and lasting through mid-October.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-04-18 | 96.0200 | 2024-06-16 | 99.5100 | 3.4900 | 3.63 |
| 2023 | 2023-04-18 | 82.5000 | 2023-06-16 | 82.6700 | 0.1700 | 0.21 |
| 2022 | 2022-04-18 | 108.8200 | 2022-06-16 | 87.4500 | -21.3700 | -19.64 |
| 2019 | 2019-04-18 | 84.0300 | 2019-06-16 | 72.0900 | -11.9400 | -14.21 |
| 2018 | 2018-04-18 | 108.3700 | 2018-06-16 | 108.9200 | 0.5500 | 0.51 |
| 2017 | 2017-04-18 | 78.7400 | 2017-06-16 | 83.0500 | 4.3100 | 5.47 |
| 2016 | 2016-04-18 | 74.7800 | 2016-06-16 | 71.7000 | -3.0800 | -4.12 |
| Avg | 90.4657 | 86.4843 | -3.98 | -4.02 |
| Day \ Month | Jan Total +0.81% | Feb Total +1.05% | Mar Total -1.39% | Apr Total +1.31% | May Total +0.89% | Jun Total -0.96% | Jul Total +1.31% | Aug Total -1.99% | Sep Total -2.29% | Oct Total -0.72% | Nov Total +6.00% | Dec Total +0.39% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.03% | 0.00% | +0.60% | +0.47% | +0.37% | -0.32% | +0.83% | +0.24% | -2.73% | +0.60% | -0.52% | +0.84% | 0.00% |
| 2 Avg +0.07% | -0.26% | -0.04% | +0.61% | -0.22% | -0.02% | +0.95% | +0.13% | -1.31% | +0.26% | +0.30% | +0.32% | +0.14% |
| 3 Avg +0.03% | -0.53% | +0.64% | -0.31% | -0.66% | +0.61% | +0.36% | +0.22% | +0.25% | -0.88% | +0.26% | +0.30% | +0.12% |
| 4 Avg +0.19% | +1.19% | +0.12% | +0.01% | -1.00% | +0.64% | +0.74% | 0.00% | -0.28% | +0.29% | +0.20% | +0.82% | -0.42% |
| 5 Avg +0.05% | +0.52% | +0.08% | +0.42% | -0.04% | 0.00% | +0.24% | -0.93% | -0.01% | -0.28% | -0.18% | +0.90% | -0.08% |
| 6 Avg +0.09% | +0.66% | -0.10% | -0.62% | +0.74% | -0.10% | +0.93% | +0.05% | +0.11% | +0.02% | -0.31% | -0.27% | -0.04% |
| 7 Avg +0.01% | -0.18% | -0.69% | -0.87% | +0.04% | +0.24% | +0.29% | +0.57% | +0.12% | -0.44% | -0.20% | +0.83% | +0.41% |
| 8 Avg +0.01% | -0.26% | -0.36% | -0.03% | +0.65% | +0.61% | -0.55% | -0.17% | +0.32% | -0.63% | -0.07% | +0.07% | +0.48% |
| 9 Avg +0.00% | -0.13% | -0.23% | -0.95% | +2.01% | -0.43% | -0.19% | -0.04% | -0.21% | +0.57% | -0.68% | +0.37% | -0.03% |
| 10 Avg +0.10% | -0.19% | +0.13% | -0.13% | -0.26% | -0.02% | -0.47% | +0.62% | +0.35% | +0.02% | -0.69% | +1.57% | +0.30% |
| 11 Avg +0.09% | +0.50% | +0.40% | -0.40% | +0.15% | -0.21% | -1.19% | +0.10% | +0.28% | +0.74% | -0.01% | +0.39% | +0.32% |
| 12 Avg +0.23% | +0.37% | +1.59% | -1.12% | +0.36% | +0.17% | +0.45% | +1.17% | -0.05% | +0.21% | -0.38% | -0.42% | +0.35% |
| 13 Avg -0.04% | +0.29% | +0.03% | +0.64% | -0.30% | -0.63% | -0.52% | -0.20% | +0.65% | -0.90% | +0.24% | +0.30% | -0.09% |
| 14 Avg -0.23% | +0.58% | +0.11% | -0.34% | -0.15% | +0.02% | -1.38% | -0.19% | -0.43% | -0.47% | +0.35% | -0.33% | -0.52% |
| 15 Avg -0.09% | -0.64% | +0.90% | -0.60% | -0.94% | +0.34% | +0.08% | +0.15% | +0.01% | -0.33% | +0.15% | +0.19% | -0.39% |
| 16 Avg -0.04% | +0.07% | +0.15% | -0.94% | +0.10% | +0.30% | -0.43% | +0.06% | +0.07% | 0.00% | +0.05% | +0.24% | -0.11% |
| 17 Avg -0.02% | +0.14% | +0.01% | +0.42% | +0.60% | +0.47% | -0.81% | +0.21% | -0.61% | 0.00% | +0.40% | -0.84% | -0.19% |
| 18 Avg -0.01% | +0.32% | -0.26% | -0.50% | +0.12% | +0.12% | -0.19% | +0.17% | -0.04% | -0.22% | +0.12% | +0.23% | -0.04% |
| 19 Avg -0.05% | -0.28% | -0.02% | +0.59% | +0.16% | -0.25% | -0.12% | -0.06% | +0.20% | +0.57% | -0.44% | -0.60% | -0.29% |
| 20 Avg -0.18% | +0.01% | +0.21% | -0.04% | -0.22% | -0.02% | -0.33% | -0.01% | -0.24% | -0.84% | +0.22% | -0.52% | -0.33% |
| 21 Avg +0.08% | -0.17% | -0.58% | +0.31% | -0.20% | +0.18% | +0.34% | +0.34% | +0.15% | -0.74% | +0.12% | +1.20% | +0.01% |
| 22 Avg -0.12% | -0.52% | +0.73% | -1.03% | -0.12% | -0.14% | -0.39% | +0.11% | -0.04% | -0.30% | -0.17% | +0.65% | -0.19% |
| 23 Avg -0.04% | +0.07% | -0.28% | -1.42% | +0.56% | -0.35% | -0.02% | +0.51% | +0.13% | -0.30% | +0.19% | +0.26% | +0.14% |
| 24 Avg +0.11% | -0.34% | -0.27% | +1.34% | +0.43% | +0.13% | +0.08% | -0.31% | +0.64% | -0.09% | -0.18% | -0.04% | -0.06% |
| 25 Avg +0.11% | +0.33% | -0.47% | +1.69% | -1.17% | -0.08% | -0.36% | +0.65% | +0.27% | +0.05% | +0.34% | +0.05% | 0.00% |
| 26 Avg +0.16% | +0.67% | -0.19% | +0.64% | +0.07% | +0.79% | +0.35% | -0.41% | -0.55% | -0.10% | +0.10% | -0.08% | +0.67% |
| 27 Avg -0.03% | -1.63% | -0.77% | -0.03% | +0.56% | +0.68% | -0.41% | +0.23% | +0.35% | +0.25% | +0.18% | -0.18% | +0.36% |
| 28 Avg +0.15% | +0.08% | -0.39% | +0.24% | +0.67% | -0.42% | +0.35% | -0.79% | +0.29% | +1.01% | +1.25% | -0.01% | -0.50% |
| 29 Avg -0.11% | -0.57% | - | +0.45% | +0.16% | -0.44% | +0.39% | -0.51% | +0.82% | -0.51% | -1.10% | +0.03% | +0.10% |
| 30 Avg -0.13% | -0.06% | - | +0.53% | -1.18% | -0.30% | 0.00% | -0.43% | +0.09% | +0.14% | +0.12% | -0.28% | -0.05% |
| 31 Avg -0.16% | +0.78% | - | -0.41% | - | -0.70% | - | -0.18% | -0.56% | - | -0.36% | - | +0.31% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
