DOW INC (DOW) Technical Analysis
NYSE:DOW • US2605571031
Current stock price
DOW Technical Rating and Analysis
Taking everything into account, DOW scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, DOW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month DOW has a been trading in the 34.80 - 42.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- DOW is part of the Chemicals industry. There are 82 other stocks in this industry. DOW outperforms 72% of them.
- 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.
- DOW has an average volume of 14653500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DOW did better than 80% of all other 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
Besides having an excellent technical rating, DOW also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
DOW Support and Resistance Analysis
20.66
We found 2 important support areas.
- A support zone ranging from 34.88 to 35.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.86 to 41.88. 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 | NEUTRAL | NEUTRAL | The short term trend for DOW is neutral. |
| ChartMill Relative Strength | 80.45 | POSITIVE | DOW has a high relative strength, it outperformed 80.45% 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) | 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) | 46.33 | NEUTRAL | The RSI value for DOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests DOW has a negative trend. |
| Stochastics (14,3) | 31.51 | NEUTRAL | The Stochastics value for DOW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for DOW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for DOW suggests a possible start of a new trend. |
DOW Chart- and CandleStick Pattern Analysis
DOW 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.82 | 34.87 | 3.95 (10.18%) | 9.82% |
| An entry @38.82. This is a Buy Stop order right above the 10 day moving average. | An exit @34.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.95 points, which is 10.18%. | When investing 9.82% 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 Technicals: Chart, Performance Metrics, Trend & Indicators
36.77
+1.17 (+3.29%)
DOW INC / DOW TA FAQ
What is the ChartMill technical rating of DOW INC (DOW) stock?
ChartMill assigns a technical rating of 8 / 10 to DOW.
What is the trend direction for DOW stock?
The current trend direction for DOW INC (DOW) is Bullish.
Can you provide the RSI signal for DOW INC?
DOW INC (DOW) has an RSI value of 46.3331. This indicates that the stock is currently neutral.
What is the MACD signal for DOW stock?
The MACD indicator for DOW INC (DOW) has a value of -0.701454, indicating a bearish trend.
Can you provide the short term momentum for DOW INC?
The short term momentum for DOW INC (DOW) is neutral.