DOW INC (DOW) Technical Analysis
NYSE:DOW • US2605571031
Current stock price
DOW Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to DOW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DOW is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- DOW is one of the better performing stocks in the Chemicals industry, it outperforms 74% of 83 stocks in the same industry.
- DOW is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DOW is leading the market.
- In the last month DOW has a been trading in the 29.20 - 38.58 range, which is quite wide. It is currently trading near the high of this range.
- DOW has an average volume of 14209700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that DOW is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
DOW Weekly and Daily overview Charts
DOW Setup Rating and Analysis
DOW has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
DOW Support and Resistance Analysis
20.66
When analyzing the support we can see 2 important areas.
- Support @32.22 from a trend line in the daily time frame.
- Support @20.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.50 to 37.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
DOW Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for DOW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOW is up. |
| ChartMill Relative Strength | 88.21 | POSITIVE | DOW has a high relative strength, it outperformed 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.16 | NEUTRAL | The RSI value for DOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests DOW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.67 | OVERBOUGHT | The high Stochastics value suggests DOW may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for DOW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for DOW suggests a strong trend. |
DOW Chart- and CandleStick Pattern Analysis
DOW Technicals: Chart, Performance Metrics, Trend & Indicators
37.49
-0.2 (-0.53%)
DOW INC / DOW TA FAQ
What is the ChartMill technical rating of DOW INC (DOW) stock?
ChartMill assigns a technical rating of 9 / 10 to DOW.
What is the current trend direction of DOW INC (DOW) stock?
The current trend direction for DOW INC (DOW) is Bullish.
What is the RSI signal for DOW INC (DOW) stock?
DOW INC (DOW) has an RSI value of 69.1571. This indicates that the stock is currently neutral.
What is the short term momentum for DOW INC (DOW) stock?
The short term momentum for DOW INC (DOW) is positive.
Can you provide the buy/sell signal for DOW INC?
The buy/sell signal for DOW INC (DOW) is buy as both the short term and long term trends are positive.