EMN
Eastman Chemical Company Materials - Chemicals Investor Relations →
Eastman Chemical Company (EMN) closed at $77.53 as of 2026-05-01, trading 0.2% below its 200-week moving average of $77.67. This places EMN in the below line zone. The stock moved further from the line this week, up from -7.3% last week. The 14-week RSI sits at 61, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.25 ratio) is neutral — neither side is clearly dominating.
Over the past 1641 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 $8.9 billion, EMN is a mid-cap stock. The stock trades at 1.5x book value.
Over the past 31.5 years, a hypothetical investment of $100 in EMN would have grown to $897, compared to $2744 for the S&P 500. EMN has returned 7.2% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 5.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +10.9% after 12 months (median +10.0%), compared to +15.7% for the S&P 500 over the same periods. 79% 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% | +855.5% |
| Jul 1996 | Aug 1996 | 6 | 5.1% | +11.3% | +681.3% |
| Oct 1996 | Nov 1996 | 3 | 2.7% | +24.7% | +691.8% |
| Mar 1997 | May 1997 | 7 | 3.4% | +33.6% | +670.3% |
| Aug 1998 | Oct 1998 | 9 | 12.1% | -5.0% | +609.1% |
| Dec 1998 | Apr 1999 | 19 | 28.1% | +3.2% | +742.5% |
| May 1999 | Apr 2000 | 49 | 30.6% | +6.3% | +641.9% |
| May 2000 | Dec 2000 | 30 | 27.1% | +8.9% | +652.9% |
| Jan 2001 | Feb 2001 | 5 | 10.3% | -5.3% | +662.5% |
| Mar 2001 | Mar 2001 | 1 | 0.9% | +8.5% | +648.5% |
| Jun 2001 | Feb 2002 | 36 | 33.6% | +1.6% | +644.1% |
| Jul 2002 | Jul 2002 | 1 | 4.2% | -11.7% | +729.5% |
| Sep 2002 | Dec 2003 | 63 | 28.4% | -11.7% | +732.4% |
| Sep 2008 | Aug 2009 | 44 | 65.5% | +4.6% | +418.0% |
| Aug 2009 | Sep 2009 | 1 | 0.7% | +35.2% | +399.1% |
| Sep 2009 | Oct 2009 | 1 | 0.2% | +52.9% | +395.4% |
| Sep 2015 | Oct 2015 | 2 | 2.4% | +0.8% | +64.0% |
| Nov 2015 | Nov 2015 | 1 | 0.5% | +12.6% | +59.3% |
| Dec 2015 | Mar 2016 | 13 | 13.2% | +17.5% | +61.9% |
| Jun 2016 | Nov 2016 | 21 | 11.4% | +19.5% | +51.0% |
| Nov 2018 | Jan 2019 | 8 | 10.5% | +3.3% | +30.6% |
| Mar 2019 | Apr 2019 | 2 | 3.0% | -43.4% | +32.8% |
| May 2019 | Jun 2019 | 7 | 16.5% | -14.1% | +31.7% |
| Jul 2019 | Oct 2019 | 13 | 20.3% | +10.6% | +40.5% |
| Nov 2019 | Dec 2019 | 3 | 0.7% | +29.8% | +26.5% |
| Dec 2019 | Aug 2020 | 35 | 46.7% | +37.5% | +28.1% |
| Sep 2022 | Nov 2022 | 10 | 16.8% | +3.7% | +13.5% |
| Dec 2022 | Jan 2023 | 4 | 4.7% | +3.6% | +4.5% |
| Feb 2023 | Jul 2023 | 20 | 8.7% | +7.4% | +5.2% |
| Jul 2023 | Dec 2023 | 20 | 17.5% | +20.9% | +0.1% |
| Jan 2024 | Mar 2024 | 8 | 6.2% | +3.8% | -2.4% |
| Dec 2024 | Jan 2025 | 2 | 3.5% | -24.1% | -7.4% |
| Mar 2025 | Ongoing | 59+ | 31.8% | Ongoing | -8.3% |
| Average | 15 | — | +9.2% | — |
Frequently Asked Questions
Is EMN below its 200-week moving average?
Yes. As of 2026-05-01, Eastman Chemical Company (EMN) is trading 0.2% below its 200-week moving average of $77.67. The current price is $77.53.
What is EMN's 200-week moving average price?
Eastman Chemical Company's 200-week moving average is $77.67 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when EMN drops below its 200-week moving average?
EMN has crossed below its 200-week moving average 33 times in our data. On average, buying at that moment produced a one-year return of +9.2%. These dips have historically been decent entry points. These episodes lasted 15 weeks on average.
Is EMN a good value right now?
Here's what our data says about EMN as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 61. Price-to-book is 1.5x. This is not a buy or sell recommendation — always do your own research.
How does EMN compare to the S&P 500?
Over the past 31.5 years, $100 invested in EMN would have grown to $897, compared to $2744 for the S&P 500. That's 7.2% annualized vs 11.1% for the index. EMN has underperformed the broader market over this period.
Does EMN pay a dividend?
Yes. Eastman Chemical Company currently pays a dividend yield of 431.00%.
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 week of 2026-05-01