Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dow Inc shares valued at $299,932 were purchased by Banister Gaurdie E. JR. on Dec 13 ’24. At $40.87 per share, Banister Gaurdie E. JR. acquired 7,339 shares. The insider’s holdings grew to 10,924 shares worth approximately $0.43 million following the completion of this transaction.
Also, Fitterling James R purchased 14,200 shares, netting a total of over 589,574 in proceeds. Following the buying of shares at $41.52 each, the insider now holds 247,541 shares.
Before that, Fitterling James R had added 11,400 shares to its account. In a trade valued at $472,581, the Chair and CEO bought Dow Inc shares for $41.45 each. Upon closing the transaction, the insider’s holdings increased to 11,400 shares, worth approximately $4.59 million.
As published in a research note from Piper Sandler on January 07, 2025, Dow Inc [DOW] has been rated down from an Overweight to a Neutral and the price target has been revised to $53 from $60. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in mid December. As of April 26, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for DOW. Earlier on March 01, 2024, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for DOW stock.
Analyzing DOW Stock Performance
During the last five days, there has been a drop of approximately -3.02%. Over the course of the year, Dow Inc shares have dropped approximately -3.02%. Shares of the company reached a 52-week high of $40.60 on 01/02/25 and a 52-week low of $38.33 on 01/08/25. A 50-day SMA is recorded $43.47, while a 200-day SMA reached $51.96. Nevertheless, trading volume fell to 6.19 million shares from 7.25 million shares the previous day.
Support And Resistance Levels for Dow Inc (DOW)
According to the 24-hour chart, there is a support level at 38.46, which, if violated, would cause prices to drop to 38.01. In the upper region, resistance lies at 39.24. The next price resistance is at 39.57. RSI (Relative Strength Index) is 31.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.36, which suggests the price will decrease in the coming days. Percent R is at 80.53%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
