Chemicals Scan
Scan
Chemicals Scan
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
Related
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Jun 20 ScanChemicals Scan Jun 25 ScanChemicals Scan Jun 26 ScanChemicals Scan May 29 ScanChemicals Scan Jul 7 ScanChemicals Scan — July 6, 2026 Close Jul 11 ScanChemicals Scan — July 10, 2026 Close Jul 17 ScanChemicals Scan — July 17, 2026 Close Jul 25 ScanChemicals Scan — July 24, 2026 Close Jul 28 ScanChemicals Scan — July 28, 2026 Close No direct external sources are attached to this read.