Chemicals Scan
Scan
Chemicals Scan
raw scan snapshot — prices as of scan date, not live 22 rows · screens, not recommendations ported fromresearch/classic/scans/2026-05-29-chemicals.md
Chemicals bifurcated — commodity cyclicals DOW/LYB oversold and breaking down while specialty/industrial names PPG/DD show golden-cross strength; APD near capitulation at RSI 30.5 is the clearest potential entry.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Mixed — commodity weakness vs. specialty resilience; two near-oversold setups |
| Key insight | DOW/LYB both RSI 32-37 with -10 to -17% 30D pullbacks and golden crosses intact — potential value entry forming; APD at RSI 30.5 is the standout near-capitulation name |
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wk Hi% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|
| APD | $278.62 | 30.5 | -5.5% | -2.63% | -7.14% | +1.42% | -9.53% | weak-down | 📈 Oversold |
| DOW | $33.75 | 32.5 | -10.2% | -3.23% | -16.65% | +10.29% | -21.03% | weak-down | 📈 Oversold |
| LYB | $66.65 | 37.0 | -7.8% | -1.97% | -10.66% | +15.15% | -20.60% | weak-down | 🔍 Watch |
| SHW | $303.84 | 40.4 | -1.8% | -1.38% | -5.28% | -14.45% | -19.97% | strong-down | 🔍 Watch |
| LIN | $497.69 | 43.9 | -1.5% | -2.76% | -0.69% | -1.96% | -4.53% | weak-down | 🔍 Watch |
| ECL | $256.00 | 47.6 | +0.9% | +3.02% | -1.77% | -15.41% | -17.22% | strong-down | 🔍 Watch |
| DD | $48.42 | 51.9 | -0.2% | -0.23% | +6.46% | -2.06% | -8.05% | strong-up | 🔒 Hold |
| PPG | $112.98 | 60.4 | +5.4% | +5.50% | +4.81% | -4.60% | -15.33% | strong-up | 🔒 Hold |
Tier Analysis
Oversold / Near-Oversold (RSI < 40):
- APD (30.5): Approaching oversold threshold. Industrial gases — hydrogen infrastructure, clean energy positioning. RSI at 30.5 with golden cross still intact is a potential mean-reversion setup. -7% 30D but only -9.5% from 52wk high; limited downside vs. quality.
- DOW (32.5): Deep commodity cyclical — -16.65% 30D is the hardest hit in the scan. RSI 32.5 with golden cross intact. Tariff-sensitive (plastics/packaging); China demand a key risk. High dividend yield provides floor.
- LYB (37.0): Similar profile to DOW — petrochemical cyclical, golden cross still holding. -10.7% 30D, -20.6% from 52wk high. Less downside than DOW if cycle turns.
Neutral (RSI 40–60):
- LIN (43.9): The quality name — essentially flat 30D/3M, near 52wk high (-4.5%). Industrial gases duopoly. Golden cross intact. No entry urgency but a core hold at weakness.
- ECL (47.6): Stable but weak — death cross, -15.4% 3M. Water treatment / sanitation moat. RSI neutral but structural trend is down.
- SHW (40.4): Paint/coatings leader with death cross and -14.4% 3M. Housing sensitivity the drag. RSI mid-range but broken structure.
- DD (51.9): Strong-up trend (golden cross), +6.5% 30D — one of the sector's bright spots. Electronics/specialty materials exposure.
Overbought / Strong (RSI > 60):
- PPG (60.4): Strong-up trend, golden cross, +5.5% 7D — coatings recovery play. Still -15% from 52wk high; not yet extended.
Entry Zones
NEAR-OVERSOLD (RSI 30–40) — Potential Entry
| Stock | Current | Zone | RSI | 30D% | Action | Notes |
|---|---|---|---|---|---|---|
| APD | $278.62 | <$280 | 30.5 | -7.14% | 📈 Accumulate | Industrial gases + hydrogen thesis; golden cross intact; cleanest oversold setup in sector |
| DOW | $33.75 | <$35 | 32.5 | -16.65% | 📈 Accumulate | High-yield commodity name; golden cross; risk = tariff/China cycle |
| LYB | $66.65 | <$68 | 37.0 | -10.66% | 🔍 Watch | Petrochem cyclical; wait for RSI to drop toward 33-35 before adding |
NEUTRAL — Hold or Watch
| Stock | Current | Zone | RSI | 30D% | Action | Notes |
|---|---|---|---|---|---|---|
| LIN | $497.69 | <$480 | 43.9 | -0.69% | 🔒 Hold | Quality industrial gas duopoly; buy only on dips to $470-480 |
| DD | $48.42 | Current | 51.9 | +6.46% | 🔒 Hold | Strong-up trend; specialty materials + electronics exposure |
| ECL | $256.00 | <$240 | 47.6 | -1.77% | 🔍 Watch | Death cross drag; strong moat but wait for structural turn |
| SHW | $303.84 | <$290 | 40.4 | -5.28% | 🔍 Watch | Housing/construction headwind; death cross; no rush |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 📈 ACCUMULATE | APD | RSI 30.5 near-oversold, industrial gases + H2 thesis, golden cross intact |
| 📈 ACCUMULATE | DOW | RSI 32.5, -16.7% 30D, golden cross; high yield provides floor; cyclical risk |
| 🔒 HOLD | LIN, DD | Quality compounder + specialty materials; golden cross; no urgency to add |
| 🔍 WATCH | LYB, ECL, SHW | All in downtrends or death cross; wait for stabilization |
| ⚠️ AVOID | PPG | RSI 60.4, best momentum in sector but extended vs. peers; no add here |
What Changed
- DOW -16.65% 30D — sharpest 30D drop in sector; near-oversold territory forming after tariff/China demand pressure
- APD approaching oversold (RSI 30.5) — cleanest potential entry in sector; held up better than DOW/LYB on 3M
- PPG reversed higher — +5.5% 7D vs. peers still sliding; golden cross intact while most names drift
- LIN steady — industrial gas quality holding near flat in a sector with -10 to -17% pullbacks; defensive hold
- DD quiet strength — +6.5% 30D with golden cross; specialty/electronics exposure shielding from commodity slide
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