|
|
Downtrend ExhaustionArchive
- 7/2/2026 -
Sign In to see current Signals. |
Dow Chemical (DOW) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Dow Chemical (DOW). During the week, the DOW dropped -1.33 points, or -4.58%, and closed at 27.71 on Thursday, July 2, 2026. Weekly volume was -6% below average.
DOW is a member of Commodity Chemicals Industry. Commodity Chemicals is the 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 6.97 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 Symmetric Triangle chart pattern. The downtrend support line (41.46) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 support in a medium-term trend.
 Weekly Technical Indicators: [See DOW weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and 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 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 and getting bigger. It indicates that the current medium-term downtrend is strong. 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 26.80 on July 1, 2026. DOW lost 14.68 points, or 35.39%, in 57 days. The chart has formed a Falling Channel chart pattern.
 Daily Technical Indicators: [See DOW daily technical indicators chart]
Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Relative Strength Index 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.
| |
|
|