|
|
Downtrend ExhaustionArchive - 10/30/2026 - 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 fourth positive week after 6 consecutive negative weeks for the Dow Chemical (DOW). During the week, the DOW gained 2.09 points, or 6.41%, and closed at 34.70 on Friday, October 30, 2026. Weekly volume was -18% 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 (10.60) 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 (27.84) 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 34.85 on October 30, 2026. DOW gained -8.24 points, or -30.97%, in 29 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (30.73) 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 short-term trend.
Daily Technical Indicators: [See DOW daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and 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, Relative Strength Index 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. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|