Dow Chemical's most recent trend suggests a bullish bias. One trading opportunity on Dow Chemical is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 5.93% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $48.50 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 72.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dow Chemical
[$$] Super Glues Are the Secret to Making Cars Lighter
Tue, 09 Sep 2014 05:43:24 GMT
The Wall Street Journal – Ford, BMW and GM are among manufacturers substituting adhesives for welds and bolts as they try to make vehicles form pickups to Corvettes lighter and more fuel efficient.
Final Glance: Chemicals companies
Mon, 08 Sep 2014 22:38:41 GMT
Final Glance: Chemicals companies
Mon, 08 Sep 2014 22:38:41 GMT
Dow Chemical CIO David Kepler to Retire
Mon, 08 Sep 2014 21:47:04 GMT
CFO Moves: Dow Chemical, Creative Associates
Mon, 08 Sep 2014 19:39:43 GMT
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