| Celanese is a holding company. Through its subsidiaries, Co. is a chemical and specialty materials company. Co. is a producer of engineered polymers and a producer of acetyl products, which are intermediate chemicals. Co.'s segments are: Engineered Materials, which develops, produces and supplies a portfolio of specialty polymers for automotive and medical applications, as well as industrial products and consumer electronics; Acetate Tow, which is a producer and supplier of acetate tow and acetate flake, primarily used in filter products applications; and Acetyl Chain, which includes the chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate polymers businesses. |
When researching a stock like Celanese, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CE Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CE stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CE 200 day moving average ("CE 200 DMA"), while one of the most popular "shorter look-backs" is the CE 50 day moving average ("CE 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Celanese. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CE 200 DMA and the CE 50 DMA, we get a moving average convergence divergence indicator ("CE MACD"). The CE MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).