Eastman Chemical (EMN) Bullish Technical Alert - Trend Up 36%

Eastman Chemical (NYSE:EMN) is trading 3.2% higher (up $1.68 to $54.55) today on volume of 224,957 shares. The stock is trading near its 52-week high of $57.89. We are watching for a close above that level.

Eastman Chemical is currently above its 50-day moving average of $53.63 and above its 200-day moving average of $39.32.

SmarTrend is bullish on shares of EMN and our subscribers received an Uptrend alert on July 17, 2009 at $40.13, which has returned 36% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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