Dow stock: buy or sell

DOW stock price: $55.74 -2.60% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021

2

Dow stock brief

  • Counting on Tuesday, it's been 4 consecutive sessions in red for Dow. Price closed on Tuesday at $55.74 after collapsing a -2.60%.
  • Dow is presenting its earnings report on Thursday
  • The stock is configuring an uptrend pattern since last October, when it bottomed at $43.78. This rally marked a 27.32% gain

Should I buy Dow stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $DOW stock a buy?

Currently, Dow stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $DOW in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Dow stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Similarly to when we have to buy shares, determining when is appropiate time to sell is not a fickle decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed strategies are very easy to use and are only valid for selling shares in your porfolio, not for selling short Dow stock

As a golden rule, you should not mantain a trade that results in greater losses than those expected at the time of the buy. When to sell shares must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Dow stock?

In the current situation of Dow there is not any eligible sell setup, so Dow stock holders with operations in green can keep their positions

Dow ratings

We don't have any rating published in the previous 30 days for Dow

Dow stock analysis

Dow shares started an uptrend last October, and gained a gorgeous 27.32%. The price shows rising tops and bottoms, and along the way provided very few buy points for those who wanted to invest. Latest pullback was in early December, when price bounced at $52.69. Like in all uptrends, price needs to take breath and now price is consolidating the gains in a range between $61.31 and $52.69

SMAs overview

DOW stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $57.46 (3.09% above)
  • R2: $61.31 (9.99% above)
  • The current supports are:

  • S1: $52.69 (-5.47% below)
  • S2: $50.92 (-8.65% below)
  • S3: $49.71 (-10.82% below)
  • Bollinger bands

    Since the price surpassed the upper band on January 13, the price has corrected downwards by 9.08%

    DOW stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on January 13 after just crossing to the overbough zone for just one day (weak signal). The RSI value on Tuesday was 45.98. Dow stock sank a 8.68% since RSI lost the overbought zone

    DOW stock RSI chart

    Dow stock price history

    Dow went public priced at an adjusted price1 of $47.46 on Mar 2019. Since then, DOW stock surged by 17.45%, with an average of 17.45% per year. If you had invested $1,000USD in Dow stock on the IPO, it would have a value of $1,174.46 today.

    1: Adjusted price after possible price splits or reverse-splits

    DOW stock price history chart

    Price target for Dow stock

    Nobody knows how much a stock will be priced in the future. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions release their price target based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental information by the company, and usually. Again, these predictions are not direct recommendations for individual investors and should not be trusted blindly.

    In the previous month we couldn't find any price target published for Dow stock.

    Earnings and financials

    Dow ($DOW) presents earnings report on Thursday. Expected for this quarter is $0.66, compared to $0.50 that was reported for Q3. Revenue projections for are $10.0 billion.

    Financial reporting day has a more than usual risk for traders as the data provided can gap up or down the price with exceptionally low volume and not honouring your buy/stop-loss orders. Dow's website probably has additional information.

    Last October, Dow Inc. ($DOW) posted adjusted EPS for that strongly beat Market expectations. Quarterly EPS was $0.50 per share versus the estimated $0.33. This quarterly report means an earnings surprise of 51.52%. On the contrary, reported sales were $9.7 billion, consistent with analysts' estimates.

    In contrast, the EPS for the same quarter last year was $0.91, so posted EPS is a decrease of -45.05%. Revenue went down a -9.77% on an annualized basis in the , from $107.6B to $97.1B last quarter.

    Dow performance

    DOW performance compared
    Company1m3m6m
    Dow ($DOW) 1.50% 17.70% 31.00%

    Please read:
    The opinions expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not have any knowledge of the individual situations of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for educative purposes only

    Dow summary

    Tuesday, January 26th, 2021
    Open$57.89
    Close$55.74
    Day range$55.7 - $58.25
    Previous close$57.23
    Session gain-2.60%
    Average true range$2.44
    50d mov avg$55.40
    100d mov avg$51.59
    200d mov avg$45.10
    Earnings dateJanuary 28th, 2021

    Frequently asked questions

    What is Dow stock symbol?

    Dow Inc. is a public company trading in the US stock market with the DOW symbol

    Is Dow stock a buy or sell?

    Dow had no ratings in the last 4 weeks Read the article to get additional tips on trading DOW stock.

    Will DOW go up?

    There were no price targets published by market analysts in the last 4 weeks for Dow.