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Bullish Moving Average Cross by Dow Chemical (DOW)

By James Quinn

Dow Chemical (NYSE:DOW) shares have crossed bullishly above their 10-day moving average of $52.32 on a volume of 1.4 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Dow Chemical share prices have been bracketed by a low of $35.11 and a high of $57.10 and are now at $52.48, 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Dow Chemical and will alert subscribers who have DOW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Dow Chemical

Ticker(s): DOW