Chemical and plastics manufacturer Dow Inc. (DOW) is expected to release their latest quarterly earnings figures Thursday. Let's check out the condition of the charts and indicators.
In this daily bar chart of DOW, below, I can see how prices made lows in September/October before rallying into January. Prices are trading above the rising 50-day moving average line and above the declining 200-day line. The trading volume looks to be more active since September suggesting increased investor interest.
The On-Balance-Volume (OBV) line has crept higher from October telling us that buyers of DOW have become more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but has narrowed towards a possible take profits crossover.