EMN
Eastman Chemical Company Materials - Chemicals Investor Relations →
Eastman Chemical Company (EMN) closed at $77.43 as of 2026-02-02, trading 2.5% below its 200-week moving average of $79.44. This places EMN in the below line zone. The stock moved further from the line this week, up from -12.8% last week. With a 14-week RSI of 85, EMN is in overbought territory.
Over the past 1629 weeks of data, EMN has crossed below its 200-week moving average 33 times. On average, these episodes lasted 15 weeks. Historically, investors who bought EMN at the start of these episodes saw an average one-year return of +9.2%.
With a market cap of $8.8 billion, EMN is a mid-cap stock. Return on equity stands at 8.1%. The stock trades at 1.5x book value.
The company has been aggressively buying back shares, reducing its share count by 10.7% over the past three years.
Over the past 31.3 years, a hypothetical investment of $100 in EMN would have grown to $885, compared to $2629 for the S&P 500. EMN has returned 7.2% annualized vs 11.0% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: EMN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EMN Crosses Below the Line?
Across 33 historical episodes, buying EMN when it crossed below its 200-week moving average produced an average return of +11.1% after 12 months (median +11.0%), compared to +15.7% for the S&P 500 over the same periods. 78% of those episodes were profitable after one year. After 24 months, the average return was +27.6% vs +34.4% for the index.
Each line shows $100 invested at the moment EMN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EMN has crossed below its 200-week MA 33 times with an average 1-year return of +9.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1994 | Nov 1994 | 1 | 1.2% | +47.8% | +843.0% |
| Jul 1996 | Aug 1996 | 6 | 5.1% | +11.3% | +671.0% |
| Oct 1996 | Nov 1996 | 3 | 2.7% | +24.7% | +681.4% |
| Mar 1997 | May 1997 | 7 | 3.4% | +33.6% | +660.1% |
| Aug 1998 | Oct 1998 | 9 | 12.1% | -5.0% | +599.8% |
| Dec 1998 | Apr 1999 | 19 | 28.1% | +3.2% | +731.4% |
| May 1999 | Apr 2000 | 49 | 30.6% | +6.3% | +632.1% |
| May 2000 | Dec 2000 | 30 | 27.1% | +8.9% | +643.0% |
| Jan 2001 | Feb 2001 | 5 | 10.3% | -5.3% | +652.4% |
| Mar 2001 | Mar 2001 | 1 | 0.9% | +8.5% | +638.6% |
| Jun 2001 | Feb 2002 | 36 | 33.6% | +1.6% | +634.3% |
| Jul 2002 | Jul 2002 | 1 | 4.2% | -11.7% | +718.6% |
| Sep 2002 | Dec 2003 | 63 | 28.4% | -11.7% | +721.4% |
| Sep 2008 | Aug 2009 | 44 | 65.5% | +4.6% | +411.1% |
| Aug 2009 | Sep 2009 | 1 | 0.7% | +35.2% | +392.5% |
| Sep 2009 | Oct 2009 | 1 | 0.2% | +52.9% | +388.9% |
| Sep 2015 | Oct 2015 | 2 | 2.4% | +0.8% | +61.9% |
| Nov 2015 | Nov 2015 | 1 | 0.5% | +12.6% | +57.2% |
| Dec 2015 | Mar 2016 | 13 | 13.2% | +17.5% | +59.8% |
| Jun 2016 | Nov 2016 | 21 | 11.4% | +19.5% | +49.0% |
| Nov 2018 | Jan 2019 | 8 | 10.5% | +3.3% | +28.9% |
| Mar 2019 | Apr 2019 | 2 | 3.0% | -43.4% | +31.1% |
| May 2019 | Jun 2019 | 7 | 16.5% | -14.1% | +30.0% |
| Jul 2019 | Oct 2019 | 13 | 20.3% | +10.6% | +38.7% |
| Nov 2019 | Dec 2019 | 3 | 0.7% | +29.8% | +24.8% |
| Dec 2019 | Aug 2020 | 35 | 46.7% | +37.5% | +26.5% |
| Sep 2022 | Nov 2022 | 10 | 16.8% | +3.7% | +12.0% |
| Dec 2022 | Jan 2023 | 4 | 4.7% | +3.6% | +3.2% |
| Feb 2023 | Jul 2023 | 20 | 8.7% | +7.4% | +3.9% |
| Jul 2023 | Dec 2023 | 20 | 17.5% | +20.9% | -1.2% |
| Jan 2024 | Mar 2024 | 8 | 6.2% | +3.8% | -3.7% |
| Dec 2024 | Jan 2025 | 2 | 3.5% | -24.1% | -8.6% |
| Mar 2025 | Ongoing | 47+ | 31.8% | Ongoing | -9.5% |
| Average | 15 | — | +9.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02