|
|
Downtrend ExhaustionArchive
- 6/5/2026 -
Sign In to see current Signals. |
Dow Chemical (DOW) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Dow Chemical (DOW). During the week, the DOW climbed 0.22 points, or 0.65%, and closed at 33.97 on Friday, June 5, 2026. Weekly volume was -27% below average.
 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 8.05 and resistance is at 60.33. 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 33.45 on May 29, 2026. DOW lost 9.29 points, or 21.74%, in 8 weeks. The price is now at the 5.60% retracement level.
 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See DOW short-term trend chart]
A short-term downtrend had started on May 5, 2026 at 41.48 and reached 33.45 on May 29, 2026. DOW lost 8.03 points, or 19.36%, in 24 days. The price is now at the 6.48% retracement level.
 Daily Technical Indicators: [See DOW daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 below its signal line since May 5, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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.
| |
|
|