Dow (DOW) is a leading material science company with a broad, differentiated product portfolio and global manufacturing footprint.
DOW has demonstrated strong technical momentum, trading at a new 52-week high.
Plus, the stock pays a dividend yielding a generous 3.32%.
However, further upside may be limited.
Valued at $29.29 billion, Dow (DOW) is a material science company that provides a world-class portfolio of advanced, sustainable, and leading-edge products. Its market segments include packaging, infrastructure, and performance materials. It also runs the largest ethylene cracker plant in the world, with a portfolio of polymers and feedstock that give it a global footprint.
I found todayโs Chart of the Day by using Barchartโs powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and aย Trend Seeker โbuyโ signal. I then used Barchartโsย Flipcharts featureย to review the charts for consistent price appreciation. DOW checks those boxes. Since the Trend Seeker issued a new โbuyโ on Dec.10, DOW stock is up 73.04%.
Editorโs Note:ย The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on theย Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
Dow scored a 52-week high of $42.68 on March 31.
Dow has a Weighted Alpha of +81.39.
DOW has a 100% โBuyโ opinion from Barchart.
The stock has gained 23.54% over the past 52 weeks.
Dow has its Trend Seeker โBuyโ signal intact.
The stock recently traded at $42.52 with a 50-day moving average of $32.94.
DOW has made 14 new highs and gained 38.14% over the past month.
Relative Strength Index (RSI) is at 76.64.
Thereโs a technical support level around $41.22.
$29.29 billion market capitalization.
3.32% dividend yield.
Revenue is expected to grow 2.53% this year and another 2.87% next year.
Earnings are estimated to increase 120.88% this year and an additional 475.48% next year.