DOW INC (DOW)       53.6  +0.69 (+1.3%)

53.6  +0.69 (+1.3%)

US2605571031 - Common Stock - After market: 53.6 0 (0%)

Technical Rating

1

Overall DOW gets a technical rating of 1 out of 10. DOW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



DOW has an average volume of 5136050 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 52% of them, which is more or less in line with the market.
DOW is an average performer in the Chemicals industry, it outperforms 57% of 121 stocks in the same industry.
DOW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DOW has a been trading in the 49.20 - 58.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

Statistics

1 Month 3 Months 6 Months 12 Months -7.62% 6.37% 22.01% -16.48% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 52.52 42.91 - 71.86
DOW Weekly chart
DOW Daily chart

Support/Resistance Analysis


49.51

71.07
When analyzing the support we notice one important area.
  • A support zone ranging from 50.01 to 51.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
  • A resistance zone ranging from 55.98 to 56.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @57.99 from a trend line in the weekly time frame.
  • A resistance zone ranging from 60.01 to 60.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @70.37 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

3

The technical rating of DOW is bad and it also does not present a quality setup 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.


DOW Daily chart

DOW INC53.6

NYSE:DOW (3/29/2023, 7:04:00 PM)+0.69 (+1.3%)

After market: 53.6 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
Today1.3%
1 Week4.32%
2 Weeks6.18%
1 Month-7.62%
3 Month6.37%
6 Month22.01%
Volatility
ATR(14)1.55
ATR(20)%2.79%
ATR Inc-40.95%
Range Today0.69
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.52
Mansfield-0.33
10 Day High53.85
10 Day Low49.2
20 Day High58.75
20 Day Low49.2
52 Week High71.86
52 Week Low42.91
CS1 End51.76
CR1 Start55.98
Volume & EV
DER(3)0.55%
DER(5)1.05%
Volume3.71M
Volume Incr-29.24%
Vol(5)4.05M
Vol(50)5.14M

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