DOW INC. - 15 min. - Technical analysis published on 08/02/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
28%
28%
44%
My opinion
Bearish under 55.91 USD
My targets
55.41 USD (-0.67%)
55.03 USD (-1.34%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DOW INC. as long as the price remains well below 55.91 USD. The sellers' bearish objective is set at 55.41 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 55.03 USD. If there is any crossing, the next objective would be the support located at 54.53 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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Additional analysis
Quotes
The DOW INC. rating is 55.78 USD. The price registered a decrease of -1.22% on the session and was traded between 55.54 USD and 56.42 USD over the period. The price is currently at +0.43% from its lowest and -1.13% from its highest.55.54
56.42
55.78
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of DOW INC. indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 53.97 | 54.66 | 55.56 | 55.78 | 56.92 | 58.42 | 59.88 |
| Change (%) | -3.24% | -2.01% | -0.39% | - | +2.04% | +4.73% | +7.35% |
| Change | -1.81 | -1.12 | -0.22 | - | +1.14 | +2.64 | +4.10 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.53 | 55.03 | 55.41 | 55.91 | 56.29 | 56.79 | 57.17 |
| Camarilla | 55.54 | 55.62 | 55.70 | 55.78 | 55.86 | 55.94 | 56.02 |
| Woodie | 54.46 | 55.00 | 55.34 | 55.88 | 56.22 | 56.76 | 57.10 |
| Fibonacci | 55.03 | 55.37 | 55.58 | 55.91 | 56.25 | 56.46 | 56.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.58 | 50.92 | 53.19 | 54.53 | 56.80 | 58.14 | 60.41 |
| Camarilla | 54.47 | 54.80 | 55.13 | 55.46 | 55.79 | 56.12 | 56.45 |
| Woodie | 50.05 | 51.15 | 53.66 | 54.76 | 57.27 | 58.37 | 60.88 |
| Fibonacci | 50.92 | 52.30 | 53.15 | 54.53 | 55.91 | 56.76 | 58.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.59 | 50.18 | 53.32 | 54.91 | 58.05 | 59.64 | 62.78 |
| Camarilla | 55.17 | 55.60 | 56.04 | 56.47 | 56.90 | 57.34 | 57.77 |
| Woodie | 49.38 | 50.57 | 54.11 | 55.30 | 58.84 | 60.03 | 63.57 |
| Fibonacci | 50.18 | 51.98 | 53.10 | 54.91 | 56.71 | 57.83 | 59.64 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 44.08 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -2.82 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 55.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.70 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 56.16 | |
| Zig ZAG (10): | 55.77 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 50.23 | |
| TEMA (21): | 55.78 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.38 |
| MA7: | 54.63 | |
| MA20: | 53.67 | |
| MA50: | 52.62 | |
| MA100: | 53.13 | |
| MAexp7: | 55.83 | |
| MAexp20: | 55.85 | |
| MAexp50: | 55.82 | |
| MAexp100: | 55.49 | |
| Price / MA7: | +2.11% | |
| Price / MA20: | +3.93% | |
| Price / MA50: | +6.01% | |
| Price / MA100: | +4.99% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | +0.50% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on DOW INC. at the time of the analysis were as follows:
- Dow Partners With P&G China To Enable Recyclability of Air Capsule E-Commerce Packaging
- Dow and Teach for All Expand Support for STEM Education To Impact Underserved Youth
- Speaking Up for Asian American and Pacific Islander Mental Health
- Transformation in Global Mobility
- Developing Partnerships and Policies To Create a Low-Carbon Future for Mobility
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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