|
|
Downtrend ExhaustionArchive - 6/18/2026 - 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 -2.12 points, or -6.26%, and closed at 31.73 on Thursday, June 18, 2026. DOW was trading at average weekly trading volume.
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 7.51 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 31.37 on June 18, 2026. DOW lost 11.37 points, or 26.60%, in 11 weeks. Price is near the trend low.
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. 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 31.37 on June 18, 2026. DOW lost 10.11 points, or 24.37%, in 44 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See DOW daily technical indicators chart] Daily technical indicators are neutral. 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, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish 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.
| |
|
|