Shares of Dow Chemical Company (The) (NYSE:DOW) Sees Large Outflow of Money

Dow Chemical Company (The) (NYSE:DOW) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.68 million) in Dow Chemical Company (The) (NYSE:DOW). On Wednesday, The value of composite uptick trades was $26.18 million, whereas, the value of composite downtick trades was $28.86 million and the ratio between the two was 0.91, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $13.44 million. $10.22 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.76. The negative money flow of ($3.22 million) shows selling on strength. Dow Chemical Company (The) (NYSE:DOW) gained $1.03 intraday at $49.53 and registrered 2.13% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged that Ruiz Fernando, officer (Corporate VP & Treasurer) of Dow Chemical Co /De/, had unloaded 20,000 shares at an average price of $52.35 in a transaction dated on November 3, 2015. The total value of the transaction was worth $1,047,000. Currently the company Insiders own 0.97% of Dow Chemical Company (The) shares according to the proxy statements. Institutional Investors own 70.71% of Dow Chemical Company (The) shares.

The company shares have dropped -5.62% from its 1 Year high price. On Dec 9, 2015, the shares registered one year high at $57.10 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $52.13 and the 200 Day Moving Average price is recorded at $49.85. Dow Chemical Company (The) (NYSE:DOW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.06 and $48.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.40, notching a gain of 1.86% for the day. The total traded volume was 10,538,362 . The stock had closed at $48.50 on the previous day.

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.

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