Shares of The Dow Chemical Company (NYSE:DOW) last traded at $63.19. The company?s performance year to date is 11.22%. The 200 day simple moving average is 12.09%. The 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level.
As per recent filings, The Dow Chemical Company (NYSE:DOW) has an insider ownership of 0.20%.
The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oil prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). Currently, the 5 day EMA 63.40 is higher than the last trade price suggesting a short term bearish pattern building up. Long term, the 50 day EMA 62.44 is lower than current trading price depicting a bullish signal..
The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). The current RSI is 51.70 suggesting a bullish price action.
Dow Chemical Company is a science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. Dow serves customers in countries across the globe and a wide range of markets that are vital to human progress, including food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow seeks to balance economic, environmental and social responsibilities. (Company Press Release)
The Dow Chemical Company (NYSE:DOW) has been storming Wallstreet with solid press release. Recently, the company announced that according to the March 2017 study commissioned by RetailMeNot and conducted by Forrester Consulting, the company’s mobile marketing solutions generate a three-year, risk-adjusted return on investment (ROI) of 4.3x.
The Barchart Technical Opinion rating is a 56% Buy with a Weakest short term outlook on maintaining the current direction. Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.
The Dow Chemical Company (NYSE:DOW) is all set to announce its earnings on Apr 27/b. As per Zack’s analyst ratings, The Dow Chemical Company (NYSE:DOW) currently has an average brokerage rating of 1.6. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NYSE:DOW) is $66 with a high of $75 and a low of $47.
Dow Chemical DOW continued its positive earnings surprise streak with a solid beat in third-quarter 2016, helped by its cost-cutting and productivity actions. The U.S. chemical giant logged adjusted earnings (barring one-time items) of 91 cents per share for the quarter that topped the Zacks Consensus Estimate of 80 cents.
As such, while we believe The Dow Chemical Company (NYSE:DOW) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.