DOW INC (DOW) Stock Technical Analysis
USA - NYSE:DOW - US2605571031 - Common Stock
We assign a technical rating of 1 out of 10 to DOW. DOW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DOW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.87, a Stop Loss order could be placed below this zone.
More info and screens
20.44
We found 1 important support area.
- A support zone ranging from 20.65 to 20.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 23.00 to 23.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.81 to 24.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.20 from a trend line in the daily time frame.
- Resistance @30.65 from a horizontal line in the daily time frame.
- Resistance @55.12 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DOW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOW is down. |
| ChartMill Relative Strength | 10.08 | NEGATIVE | DOW has a low relative strength, it was outperformed by 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DOW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for DOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.04 | OVERSOLD | The low Stochastics value suggests DOW may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for DOW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for DOW suggests a weak or negative trend. |
22.31
+0.21 (+0.95%)
DOW INC / DOW FAQ
What is the ChartMill technical rating of DOW INC (DOW) stock?
ChartMill assigns a technical rating of 1 / 10 to DOW.
Can you provide the trend direction for DOW INC?
The current trend direction for DOW INC (DOW) is Bearish.
What is the RSI signal for DOW INC (DOW) stock?
DOW INC (DOW) has an RSI value of 43.9643. This indicates that the stock is currently neutral.
What is the short term momentum for DOW stock?
The short term momentum for DOW INC (DOW) is negative.
Can you provide the support and resistance levels for DOW INC?
DOW INC (DOW) has a support level at 20.87 and a resistance level at 23. Check the full technical report for our detailed analysis of DOW support and resistance levels.