Chemicals Scan

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Chemicals Scan

Scan symbols 8
Watchlists 1
raw scan snapshot — prices as of scan date, not live 23 rows · screens, not recommendations

Chemicals bifurcated sharply — commodity names (DOW/LYB) sitting in approaching-oversold territory down 13–15% on 30D while specialty/industrial leaders (LIN/ECL/PPG/DD) hold mid-RSI to extended; no extreme oversold entries yet but DOW/LYB approaching watchable range.

Quick Snapshot

Signal Reading
Overall 🟡 Bifurcated — commodity chemicals beaten up, specialty names resilient; DOW/LYB approaching entry zone
Key insight DOW RSI 36.8 and LYB RSI 34.9 are the only names approaching oversold after -13–15% 30D drawdowns; LIN is the quality compounder (RSI 57.4, -1.5% from 52wk high, strong-up golden cross); SHW in active downtrend despite RSI 59.7

Price Table

Stock Price RSI SMA20 vs SMA20 7D% 30D% 3M% 52wk Hi% Signal
DOW $32.96 36.8 $34.53 -4.5% +0.9% -13.7% -9.8% -22.9% 🔍 Watch
LYB $62.59 34.9 $66.99 -6.6% +1.3% -14.7% -11.2% -25.4% 🔍 Watch
SHW $322.44 59.7 $306.68 +5.1% +4.1% +6.8% +0.8% -15.1% ⚠️ Caution
APD $280.48 43.1 $283.17 -0.9% +1.2% -4.4% -1.4% -8.9% 🔍 Watch
LIN $518.17 57.4 $508.57 +1.9% +1.9% +1.8% +5.2% -1.5% 🔒 Hold
ECL $273.87 63.9 $256.83 +6.6% +2.5% +9.9% +0.5% -11.5% 🔒 Hold
PPG $120.65 65.5 $112.68 +7.1% +4.9% +16.4% +16.9% -9.6% ⚠️ Avoid
DD $48.04 51.8 $47.59 +0.9% +3.5% -1.2% +5.9% -8.8% 🔍 Watch

Tier Analysis

RSI < 25 — Extreme Oversold: None.

RSI 25–40 — Approaching Oversold / Watch Zone:

  • LYB (34.9): Most depressed name — RSI 34.9, -6.6% vs SMA20, -14.7% 30D, -25.4% from 52wk high. Commodity polyolefin/refining exposure; golden cross still technically active but price rolling over. Approaching entry zone but not yet confirmed bottom. Watch for RSI < 30.
  • DOW (36.8): Similar commodity-chemicals setup — RSI 36.8, -4.5% vs SMA20, -13.7% 30D, -22.9% from 52wk high. Golden cross active; weak-down trend. Both DOW/LYB in macro-demand compression from slowing manufacturing. Not falling-knife territory yet but approaching.

RSI 40–55 — Neutral / Basing:

  • APD (43.1): Industrial gases — RSI 43.1, slightly below SMA20 (-0.9%), -4.4% 30D, -8.9% from high. Basing regime. Cleaner than DOW/LYB; -8.9% from 52wk high is not a severe discount. Golden cross active. Watch for RSI dip into 35–38 for better entry.
  • DD (51.8): Near-neutral RSI, +0.9% vs SMA20, flat 30D (-1.2%). Strong-up trend with golden cross; 1Y alpha of +49%. Quietly holding while peers weaken. Best setup of the mid-RSI group.

RSI 55–70 — Extended / Hold or Caution:

  • LIN (57.4): Sector's highest-quality chart — strong-up, golden cross, -1.5% from 52wk high, +96.6% 5Y. RSI 57.4 is reasonable for a quality hold. No add needed at current level; thesis intact.
  • ECL (63.9): Water/hygiene compounder — +9.9% 30D, +6.6% vs SMA20, RSI 63.9. Death cross active technically but price above all moving averages. -11.5% from high. Hold.
  • PPG (65.5): Strongest recent momentum in group — +16.4% 30D, +16.9% 3M, RSI 65.5, +7.1% vs SMA20. Golden cross, strong-up trend. Extended; don't add here.
  • SHW (59.7): RSI 59.7 but in a downtrend regime (SHW200 $333 vs current $322) — death cross, -15% from 52wk high, negative 1Y alpha (-30%). RSI is misleading here; structural trend is down. Caution.

Entry Zones

EXTREME OVERSOLD (RSI < 25): None

APPROACHING OVERSOLD (RSI 25–40) — Watch Closely

Stock Current Zone RSI 30D% Action Notes
LYB $62.59 RSI < 30 trigger, price < $60 34.9 -14.7% 🔍 Watch Commodity chemicals; RSI approaching 30; confirm RSI < 30 before entry
DOW $32.96 RSI < 30 trigger, price < $31 36.8 -13.7% 🔍 Watch Commodity peer to LYB; similar setup; both need RSI confirmation

NEUTRAL / BASING — Watch for Dip

Stock Current Zone RSI 30D% Action Notes
APD $280.48 RSI drop to 35–38, price $265–270 43.1 -4.4% 🔍 Watch Industrial gases; golden cross; better entry if RSI dips further
DD $48.04 Hold / add dip to $45 51.8 -1.2% 🔍 Watch Quietly strong 1Y (+76.7%); best mid-RSI setup; hold or add dip

HOLD — Quality Compounders

Stock Current Zone RSI 30D% Action Notes
LIN $518.17 Hold 57.4 +1.8% 🔒 Hold -1.5% from 52wk high; sector's cleanest long-term chart; no add needed
ECL $273.87 Hold 63.9 +9.9% 🔒 Hold Compounder bouncing; hold existing; no add at RSI 64

AVOID — Overextended or Broken

Stock Current Zone RSI 30D% Action Notes
PPG $120.65 Wait for pullback 65.5 +16.4% ⚠️ Avoid +16.4% in 30D, RSI 65.5; extended; wait for RSI < 50
SHW $322.44 Wait 59.7 +6.8% ⚠️ Caution RSI 59.7 but in active downtrend; -30% 1Y alpha; structure broken

Action Matrix

Action Stocks Why
🔒 HOLD LIN, ECL Quality compounders; hold; no add at current RSI
🔍 WATCH DOW, LYB RSI 35–37, approaching oversold; set alert for RSI < 30 before entry
🔍 WATCH DD, APD Mid-RSI basing; DD has 1Y alpha edge; APD needs deeper dip
⚠️ AVOID PPG RSI 65.5, +16% 30D — extended; wait for pullback
⚠️ CAUTION SHW RSI 59 but structural downtrend; don't let RSI mislead

What Changed

  • DOW/LYB -13 to -15% 30D — commodity chemicals bear case deepening; both approaching but not yet at RSI < 30 entry trigger
  • PPG +16% 30D — strongest performer, RSI 65.5; most surprising mover in a bifurcated sector
  • LIN holding near 52wk high (-1.5%) — quality advantage confirmed; only name in sector within 2% of highs
  • SHW RSI 59.7 but downtrend intact — RSI misleads on a name with death cross and negative 1Y alpha; structure matters more
  • DD 1Y alpha +49% — quiet outperformer in the group; basing at mid-RSI while commodity peers roll over
9 events

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