Dow Chemical Bearish Moving Average Crossover Alert (DOW)
Dow Chemical (NYSE:DOW) shares have crossed bearishly below their 10-day moving average of $52.80 on a volume of 834K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Dow Chemical have traded between a low of $35.11 and a high of $57.10 and are now at $52.34, which is 49% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.
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