Dow Chemical's most recent trend suggests a bearish bias. One trading opportunity on Dow Chemical is a Bear Call Spread using a strike $58.50 short call and a strike $65.00 long call offers a potential 7.62% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $58.50 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $6.04 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Dow Chemical is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Dow Chemical is bearish.
The RSI indicator is at 51.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dow Chemical
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Tue, 03 Jan 2017 20:55:29 GMT
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Tue, 03 Jan 2017 15:13:00 GMT
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Tue, 03 Jan 2017 14:30:02 GMT
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Fri, 30 Dec 2016 17:31:05 GMT
Implied Volatility Surging for Dow Chemical (DOW) Stock Options
Fri, 30 Dec 2016 13:45:01 GMT
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