The Greedy Trader Weekly Analysis
Sign In Oct 30, 2026
Skip Navigation Links
Share
Number of records: 2
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 10/23/2026 -
Sign In to see current Signals.

Dow Chemical (DOW) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a third positive week after 6 consecutive negative weeks for the Dow Chemical (DOW). During the week, the DOW gained 2.68 points, or 8.95%, and closed at 32.61 on Friday, October 23, 2026. Weekly volume was -23% below average.

Long-term trend: [See DOW long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 71.86 and reached 20.40 on August 11, 2025. DOW lost 51.46 points, or 71.61%, in 172 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (10.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DOW may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 42.74 on March 31, 2026. DOW gained -22.34 points, or -109.51%, in 33 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (29.10) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See DOW weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since May 22, 2026. The distance between MACD and the signal line is low and getting smaller. 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 October 1, 2026 at 26.61 and reached 32.93 on October 23, 2026. DOW gained -6.32 points, or -23.75%, in 22 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See DOW daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 78.71
Williams' Percentage Range (W%R) 14.30
Overbought
Lane's Stochastic (%D-Slow) 93.51
Strong Overbought
Greed/Fear Indicator (GFI) 85.97
Overbought
Moving Average Converg./Diverg. (MACD) 0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.96
Williams' Percentage Range (W%R) 42.60
Lane's Stochastic (%D-Slow) 29.55
Greed/Fear Indicator (GFI) 47.11
Moving Average Converg./Diverg. (MACD) -0.70
Trading Signals
Description Value Chart
Daily Stochastic Crossing 32.66
Price 32.61
Upper Bollinger Band 32.56
Parabolic System 30.36
50 Day Moving Average 29.66
Quarterly Trendline Resistance 29.11
Quarterly Trendline Support 29.10
20 Day Moving Average 29.05
Weekly Stochastic Crossing 28.79
Lower Bollinger Band 26.87
Sector and Industry
Description Name Rank
Sector Materials 4
Industry Commodity Chemicals 62
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 26.61
Low Date 10/01/2026
High 32.93
High Date 10/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 33.40
High Date 08/20/2026
Low 26.61
Low Date 10/01/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 42.74
High Date 03/31/2026
Low 26.61
Low Date 10/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 29.11
Support 29.10
Low 20.40
Low Date 08/11/2025
High 42.74
High Date 03/31/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 9.77
Support 10.76
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.