Eastman Chemical (EMN) Bullish Technical Alert - Trend Up 38.2%

Eastman Chemical (NYSE:EMN) is trading 1% higher (up $0.57 to $55.47) today on volume of 355,037 shares. The stock is trading near its 52-week high of $56.68. We are watching for a close above that level.

Eastman Chemical is currently above its 50-day moving average of $53.31 and above its 200-day moving average of $38.63.

SmarTrend is bullish on shares of EMN and our subscribers received an Uptrend alert on July 17, 2009 at $40.13, which has returned 38.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

Related terms: market, nyse, securities