DOW INC (DOW) Stock Technical Analysis
NYSE:DOW - New York Stock Exchange, Inc. - US2605571031 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than DOW.
DOW is part of the Chemicals industry. There are 85 other stocks in this industry, of which 75% are performing better than DOW.
DOW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DOW is lagging the market.
In the last month DOW has a been trading in the 27.91 - 32.39 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.
DOW has an average volume of 9347120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
28.04
50.32
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 29.74 to 30.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.98 to 31.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.82 to 31.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.82 from a trend 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 | 9.38 | NEGATIVE | DOW has a low relative strength, it was outperformed by 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DOW is below a declining 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) | 38.51 | NEUTRAL | The RSI value for DOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DOW has a negative trend. |
| Stochastics (14,3) | 10.1 | OVERSOLD | The low Stochastics value suggests DOW may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for DOW suggests some volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for DOW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
28.32
-0.35 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.22%
1 Week-6.19%
2 Weeks-3.93%
1 Month-5.66%
3 Month-28.32%
6 Month-37.7%
12 Month-50.97%
2 Year-41.94%
3 Year-58.34%
5 Year-26.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%3.33%
ATR Inc-35.56%
Range Today0.56
ADR(20)0.81
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.38
Mansfield-3.72
10 Day High32.39
10 Day Low27.91
20 Day High32.39
20 Day Low27.91
52 Week High58.37
52 Week Low25.06
CS1 EndN/A
CR1 Start29.74
Volume & EV
DER(3)-1.55%
DER(5)-0.4%
Volume7.10M
Volume Incr-23.47%
Vol(5)6.87M
Vol(50)9.35M