Large Inflow of Money Detected in Dow Chemical Company (The)

Dow Chemical Company (The) (DOW) : Dow Chemical Company (The) (DOW) had a healthy money flow of $2.81 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $3.95 million, whereas, investors only sold shares worth $1.13 million on downticks. The stock closed the day with an up-down ratio of 3.49.The money flow in the block trades to the tune of $2.89 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.89 million worth of transactions were on upticks. Dow Chemical Company (The) (DOW) stock slid $0.12 intraday and traded at 52.24, a change of -0.23% over previous days close. However, for the week, the company shares are 0.34% compared to previous weeks close.


Also, Equity Analysts at the Brokerage Firm, CLSA, downgrades their rating on the shares of Dow Chemical Company (The) (NYSE:DOW). CLSA has a Underperform rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 6, 2016.

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 $52.38 and $52.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.95, notching a gain of 1.13% for the day. The total traded volume was 4,951,543 . The stock had closed at $52.36 on the previous day.

The stock has recorded a 20-day Moving Average of 4.67% and the 50-Day Moving Average is 3.32%. In a related news, 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.

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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