Chemicals Scan
Chemicals Scan
Industrial gases (LIN +12% 3M, APD +19% 3M) leading; commodity chemicals (DOW, LYB) gave back -9 to -13% on 30D after big 3M runs; SHW broken trend.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Defensive industrial-gas pack working; commodity-chem bouncy |
| Key insight | LIN/APD at all-time-high zone (-1% from 52w high), industrial gas defensive-cyclical play; DOW/LYB pulling back from 3M parabola |
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|
| DOW | $38.01 | 50.1 | -2.9% | +2.34% | -9.22% | +41.62% | -11.07% | strong-up | 🔍 Watch |
| LYB | $71.48 | 49.5 | -3% | +2.54% | -13.23% | +44.84% | -14.84% | strong-up | 🔍 Watch |
| SHW | $334.38 | 55.3 | +4.4% | +6.17% | +3.62% | -5.43% | -11.92% | strong-down | 🔍 Watch |
| APD | $303.35 | 65.1 | +2.3% | +1.81% | +4.70% | +19.23% | -1.28% | strong-up | 🔒 Hold |
| LIN | $510.29 | 60.6 | +1.9% | +2.84% | +2.21% | +12.53% | -1.04% | strong-up | 🔒 Hold |
| ECL | $266.96 | 44.2 | -1.2% | -2.54% | +1.70% | -5.36% | -13.68% | down | 🔍 Watch |
| PPG | $107.72 | 49.8 | +2.4% | +0.88% | +4.13% | -1.71% | -19.27% | weak-down | 🔍 Watch |
| DD | $45.33 | 44.3 | -2.5% | -0.79% | +2.51% | +2.05% | -13.92% | weak-down | 🔍 Watch |
Tier Analysis
Industrial gas leadership (defensive cyclicals): LIN (RSI 61, +12.5% 3M, ATH-zone) and APD (RSI 65, +19.2% 3M, -1.3% from 52w high). These are AI-power adjacent (cryogenic gases for semiconductors, hydrogen for clean energy). Both in strong-up trend, both holding up.
Commodity chem digesting: DOW (-9.2% 30D after +41.6% 3M), LYB (-13.2% 30D after +44.8% 3M). Massive 3M runs from energy-input cost relief, now consolidating. Both still in strong-up trend.
Specialty laggards: SHW (paint/coatings, RSI 55 but trend strong-down — odd), ECL (water/sanitation, RSI 44, down trend), PPG (paint, weak-down), DD (specialty, weak-down).
Energy-Input Cost Read
The 3M moves in DOW/LYB (+42-45%) reflect natgas/oil input cost easing. If oil reverses up (war re-escalation), these unwind fast. If oil stays soft, more upside.
LIN/APD are insulated — industrial gas demand is structural (hospital O2, semiconductor manufacturing, hydrogen).
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | LIN, APD | Industrial-gas leadership, near 52w high, AI-adjacent |
| 🔍 WATCH | DOW, LYB | Pullback after parabolic 3M — wait for stabilization |
| 🔍 WATCH | SHW, ECL, PPG, DD | Specialty chem still weak, no edge |
What Changed
Related
10 eventsNo direct external sources are attached to this read.