DOW INC (DOW) Technical Analysis
NYSE:DOW • US2605571031
Current stock price
DOW Technical Rating and Analysis
Taking everything into account, DOW scores 9 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.
- The long and short term trends are both positive. This is looking good!
- DOW is part of the Chemicals industry. There are 83 other stocks in this industry. DOW outperforms 78% of them.
- A new 52 week high is currently being made by DOW, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DOW is leading the market.
- In the last month DOW has a been trading in the 29.39 - 41.05 range, which is quite wide. It is currently trading near the high of this range.
- DOW has an average volume of 14499000 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 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DOW Weekly and Daily overview Charts
DOW Setup Rating and Analysis
Although DOW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DOW Support and Resistance Analysis
20.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.82 to 36.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @33.12 from a trend line in the daily time frame.
- Support @20.87 from a horizontal line in the daily time frame.
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 | 92.19 | POSITIVE | DOW has a high relative strength, it outperformed 92.19% 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) | 73.19 | OVERBOUGHT | The high RSI value suggests DOW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests DOW has a positive trend. |
| Stochastics (14,3) | 95.19 | OVERBOUGHT | The high Stochastics value suggests DOW may be overbought. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for DOW suggests some volalility. |
| Average Directional Index/ADX (14) | 33.44 | 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
40.82
+1.35 (+3.42%)
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 73.186. This indicates that the stock is currently overbought.
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.