Dow Chemical Company (The) (DOW) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $31.77 million worth of transactions were on upticks, whereas, the downticks accounted for $24.42 million worth of transactions. The net money flow was a positive $7.36 million and the uptick to downtick ratio was 1.3. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.83 in their favor. The net money flow into the stock was $7.29 million. The value of block trades done on downticks was only $1.9 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $9.19 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Dow Chemical Company (The) (DOW) was trading at $52.02, down $0.09 during day. The stock slid -0.17% over the previous days close. For the week, the stock recorded -0.42% over the previous weeks close.
The Dow Chemical Company has lost 0.78% in the last five trading days and dropped 3.33% in the last 4 weeks. The Dow Chemical Company is up 5.93% in the last 3-month period. Year-to-Date the stock performance stands at 3.52%.
Dow Chemical Company (The) (DOW) : Zacks Investment Research ranks Dow Chemical Company (The) (DOW) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.33, which indicates as a Buy.
Dow Chemical Company (The) (NYSE:DOW): The stock opened at $52.42 and touched an intraday high of $52.4828 on Wednesday. During the day, the stock corrected to an intraday low of $51.6601, however, the bulls stepped in and pushed the price higher to close in the green at $52.33 with a gain of 0.42% for the day. The total traded volume for the day was 5,920,948. The stock had closed at $52.57 in the previous trading session.
The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics. The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.