Dow Chemical Bullish Moving Average Crossover Alert (DOW)
Dow Chemical (NYSE:DOW) shares have crossed bullishly above their 10-day moving average of $53.23 on a volume of 1.7 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.
Over the past year, Dow Chemical has traded in a range of $38.04 to $54.97 and is now at $53.37, 40% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.2%.
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