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Downtrend exhaustion - Stock Market Timing Signals and trading strategies.

Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.

Downtrend Exhaustion

Archive
- 7/17/2026 -
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Dow Chemical (DOW) Technical Analysis

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Summary:
Weekly :Oversold industryLane's Stochastic is oversold
Daily :The price is close to the moving average in the center of the Bollinger Bands
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It was a second positive week after 4 consecutive negative weeks for the Dow Chemical (DOW). During the week, the DOW gained 0.89 points, or 3.07%, and closed at 29.92 on Friday, July 17, 2026. Weekly volume was -33% below average.

DOW is a member of Commodity Chemicals Industry. Commodity Chemicals is the fourth most oversold industry. 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 6.37 and resistance is at 60.32. 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 downtrend had started on March 31, 2026 at 42.74 and reached 26.80 on July 1, 2026. DOW lost 15.94 points, or 37.30%, in 13 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 25.07 and resistance is at 38.84. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See DOW weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help.

The weekly MACD line is below its signal line since May 22, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend 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 July 1, 2026 at 26.80 and reached 31.21 on July 14, 2026. DOW gained -4.41 points, or -16.46%, in 13 days. The price is now at the 29.25% retracement level.

Daily Technical Indicators: [See DOW daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since July 7, 2026. This is an indication that the short-term trend is up.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.95
Williams' Percentage Range (W%R) 44.70
Lane's Stochastic (%D-Slow) 72.61
Greed/Fear Indicator (GFI) 60.97
Moving Average Converg./Diverg. (MACD) -1.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.22
Williams' Percentage Range (W%R) 79.90
Lane's Stochastic (%D-Slow) 10.73
Oversold
Greed/Fear Indicator (GFI) 23.23
Moving Average Converg./Diverg. (MACD) 1.45
Trading Signals
Description Value Chart
50 Day Moving Average 33.08
Upper Bollinger Band 32.44
Daily Stochastic Crossing 30.12
Price 29.92
20 Day Moving Average 29.14
Parabolic System 28.27
Weekly Stochastic Crossing 27.97
Lower Bollinger Band 27.55
Weekly Trendline Support 25.07
Sector and Industry
Description Name Rank
Sector Materials 3
Industry Commodity Chemicals 4
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 26.80
Low Date 07/01/2026
High 31.21
High Date 07/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 38.84
Support 25.07
High 42.74
High Date 03/31/2026
Low 26.80
Low Date 07/01/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 20.40
Low Date 08/11/2025
High 42.74
High Date 03/31/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 60.32
Support 6.37
High 60.88
High Date 02/07/2023
Low 20.40
Low Date 08/11/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 71.86
High Date 04/21/2022
Low 20.40
Low Date 08/11/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.