Dow Chemical's most recent trend suggests a bullish bias. One trading opportunity on Dow Chemical is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 13.12% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dow Chemical is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Dow Chemical is bullish.
The RSI indicator is at 64.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dow Chemical
Midday Glance: Chemicals companies
Thu, 17 Oct 2013 17:26:16 GMT
Midday Glance: Chemicals companies
Thu, 17 Oct 2013 17:26:16 GMT
AP – Shares of some top chemicals companies are up at 1 p.m.: Dow Chemical Co. rose $.07 or .2 percent, to $41.20. DuPont Co. rose $.38 or .6 percent, to $59.44.
Early Glance: Chemicals companies
Thu, 17 Oct 2013 14:32:44 GMT
Early Glance: Chemicals companies
Thu, 17 Oct 2013 14:32:44 GMT
AP – Shares of some top chemicals companies are mixed at 10 a.m.: Dow Chemical Co. rose $.08 or .2 percent, to $41.21. DuPont Co. fell $.12 or .2 percent, to $58.94.
Final Glance: Chemicals companies
Wed, 16 Oct 2013 22:03:16 GMT
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