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

Dow Chemical Company (The) (DOW) : Tuesdays money flow data in Dow Chemical Company (The) (DOW) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $58.77 million, whereas, $41.41 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.42, in favor of the bulls. The total money flow into the stock was $17.36 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $16.52 million. The total value of block trades done on upticks was $19.96 million. The value of bearish trades on downticks was only $3.43 million.The up/down ratio in the block trades was a healthy 5.81 in favor of the bulls, suggesting strong buying in the stock by large traders. Dow Chemical Company (The) (DOW) fell $0.14 and traded at $53.99, down -0.26% for the day, over previous days close. On a weekly basis, the shares are 0.67% over the previous weeks close.


Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on Dow Chemical Company (The) (NYSE:DOW). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $57 per share to $58 per share. The rating by the firm was issued on August 1, 2016.

Shares of The Dow Chemical Company rose by 0.39% in the last five trading days and 0.63% for the last 4 weeks. The Dow Chemical Company is up 5.64% in the last 3-month period. Year-to-Date the stock performance stands at 6.8%.

Dow Chemical Company (The) (NYSE:DOW): The stock opened at $54.06 on Tuesday but the bulls could not build on the opening and the stock topped out at $54.50 for the day. The stock traded down to $53.92 during the day, due to lack of any buying support eventually closed down at $53.99 with a loss of -0.26% for the day. The stock had closed at $54.13 on the previous day. The total traded volume was 6,331,435 shares.

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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