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Downtrend ExhaustionArchive - 3/6/2026 - Sign In to see current Signals. |
Dow Chemical (DOW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Dow Chemical (DOW). During the week, the DOW gained 2.55 points, or 8.30%, and closed at 33.28 on Friday, March 6, 2026. Weekly volume was 36% above average. DOW is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DOW long-term trend chart] A long-term downtrend had started on February 7, 2023 at 60.88 and reached 20.40 on August 11, 2025. DOW lost 40.48 points, or 66.49%, in 130 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 11.83 and resistance is at 60.37. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
Medium-term trend: [See DOW medium-term trend chart] A medium-term uptrend had started on August 11, 2025 at 20.40 and reached 35.15 on March 6, 2026. DOW gained -14.75 points, or -72.30%, in 29 weeks. The price is now at the 12.68% retracement level.
Weekly Technical Indicators: [See DOW weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since August 22, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See DOW short-term trend chart] A short-term uptrend had started on February 27, 2026 at 29.20 and reached 35.15 on March 6, 2026. DOW gained -5.95 points, or -20.38%, in 7 days. The price is now at the 31.43% retracement level.
Daily Technical Indicators: [See DOW daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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