DOW INC (DOW)

US2605571031 - Common Stock

59.19  +0.49 (+0.83%)

After market: 59.19 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, DOW scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DOW is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
DOW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DOW is lagging the market slightly.
In the last month DOW has a been trading in the 55.06 - 60.19 range, which is quite wide. It is currently trading near the high of this range.
DOW has an average volume of 4829860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DOW outperforms 62% of them, which is more or less in line with the market.
DOW is part of the Chemicals industry. There are 84 other stocks in this industry, DOW did better than 62% of them.
Weekly and Daily overview Charts
DOW Weekly chart
DOW Daily chart
Setup Rating and Analysis

6

Although DOW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

49.75

60.60

We found 2 important support areas.

  • A support zone ranging from 55.10 to 58.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @50.25 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 59.70 to 60.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.09
Mansfield-0.34
10 Day High60.19
10 Day Low56.72
20 Day High60.19
20 Day Low55.06
52 Week High60.69
52 Week Low47.26
Performance
1 Week-0.37%
2 Weeks3.77%
1 Month4.47%
3 Month6.69%
6 Month14.49%
12 Month13.94%
2 Year-12.93%
3 Year-13.49%
5 Year26.58%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)58.99
LBB56.31
UBB60.43
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
60.0156.713.30 (5.50%)18.18%
An entry @60.01. This is a Buy Stop order right above the resistance zone.An exit @56.71. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.30 points, which is 5.50%.When investing 18.18% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DOW Daily chart

DOW INC

NYSE:DOW (5/17/2024, 7:04:00 PM)

After market: 59.19 0 (0%)

59.19

+0.49 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.83%
1 Week-0.37%
2 Weeks3.77%
1 Month4.47%
3 Month6.69%
6 Month14.49%
12 Month13.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.01
ATR(20)%1.86%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High60.19
10 Day Low56.72
20 Day High60.19
20 Day Low55.06
52 Week High60.69
52 Week Low47.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.67M
Volume Incr-21.28%
Vol(5)3.37M
Vol(50)4.83M