DOW INC (DOW) Technical Analysis
NYSE:DOW • US2605571031
Current stock price
DOW Technical Rating and Analysis
Overall DOW gets a technical rating of 9 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- DOW is part of the Chemicals industry. There are 82 other stocks in this industry. DOW outperforms 79% 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 15181200 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.
- In the last month DOW has a been trading in the 35.55 - 42.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 41.41. Right above this resistance zone may be a good entry point.
More info and screens
DOW Support and Resistance Analysis
20.66
3 important support areas can be observed.
- Support @38.03 from a horizontal line in the daily time frame.
- A support zone ranging from 34.61 to 35.21. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.41 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 | UP | POSITIVE | The short term trend for DOW is up. |
| ChartMill Relative Strength | 88.14 | POSITIVE | DOW has a high relative strength, it outperformed 88.14% 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) | 58.72 | NEUTRAL | The RSI value for DOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests DOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.38 | NEUTRAL | The Stochastics value for DOW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for DOW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.01 | 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
40.11
+1.1 (+2.82%)
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 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 58.7239. 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 -0.385576, indicating a bearish trend.
Can you provide the short term momentum for DOW INC?
The short term momentum for DOW INC (DOW) is positive.