Dow Chemical's most recent trend suggests a bullish bias. One trading opportunity on Dow Chemical is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 7.76% 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 $49.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $44.00 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 77.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dow Chemical
Final Glance: Chemicals companies
Mon, 10 Mar 2014 22:09:03 GMT
Final Glance: Chemicals companies
Mon, 10 Mar 2014 22:09:03 GMT
AP – Shares of some top chemicals companies were up at the close of trading: Dow Chemical Co. rose $.01 or percent, to $45.60. DuPont Co. rose $.49 or .8 percent, to $63.45.
Shorts Are Piling Into These Stocks. Should You Be Worried?
Mon, 10 Mar 2014 21:25:56 GMT
Rival’s Split May Cast a Shadow on Dow
Mon, 10 Mar 2014 19:00:05 GMT
As Dow seeks growth, new Enlist crop/chemicals seen as key
Mon, 10 Mar 2014 11:00:00 GMT
Reuters – Dan Kittle has spent more than a decade waiting for this day. As the man in charge of research and development at Dow AgroSciences, the unit of Dow Chemical Co that develops agricultural seeds and pesticides, Kittle remembers the “big shock” when rival Monsanto Co unveiled a genetically modified seed in 1996 designed to be used in combination with a specific herbicide, a combination that rapidly led Monsanto to riches. Since then, Monsanto has become the world's largest seed company with $15 billion in annual sales, up roughly 200 percent from a decade ago, and Kittle and a team of Dow researchers have been working to catch up.
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