Chemicals Scan — August 14, 2026 Close

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Chemicals Scan — August 14, 2026 Close

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raw scan snapshot — prices as of scan date, not live 25 rows · screens, not recommendations event statusexpectedprior scanresearch/scans/2026-08-08-chemicals.md

Dow ($DOW) and LyondellBasell ($LYB) — last scan's two weakest names — reversed again and became this scan's strongest movers on trend and RSI: Dow's classification upgraded from outright "down" to "up" (RSI 44.9→54.1) and LyondellBasell upgraded from weak-down back to strong-up (RSI 48.9→58.2). Sherwin-Williams' ($SHW) multi-scan death-cross flag finally cleared into a golden cross this scan, even as its own RSI eased from 65.4 to 57.7 and its weekly print reversed negative. PPG ($PPG) re-broke down from strong-up to weak-down (RSI 55.5→47.5), and Linde ($LIN) remains the sector's only sub-40 RSI, easing further to 38.0. The materials-sector ETF ($XLB) enters this scan's tracked comparison for the first time, at RSI 55.9 with a strong-up trend.

Data as-of 2026-08-14 close for all nine tickers (current bar for the full group; XLB is newly tracked and has no prior-scan comparison). All numbers from precomputed summaries/chemicals.json. Comparison scan: 2026-08-08-chemicals (2026-08-07 close).

Quick Snapshot

Signal Reading
Overall 🟡 Sector rotated again — Dow and LyondellBasell, last scan's weakest names, reversed into this scan's strongest upgrades, while PPG re-broke down and Sherwin-Williams' death-cross flag finally resolved.
Key insight Dow's trend upgraded from "down" to "up" and LyondellBasell from weak-down to strong-up, continuing the rotation last scan flagged as an open question; PPG's trend downgraded back to weak-down after recovering last scan; Sherwin-Williams' multi-scan death-cross flag finally cleared into a golden cross.

What's Going On

Dow and LyondellBasell were the sector's weakest names last scan, both freshly downgraded after reversing from strong 30-day gains two scans earlier. This scan both turned again: Dow's RSI climbed from 44.9 to 54.1, its weekly print flipped positive (+5.90%, was -3.14%), and its trend classification upgraded from outright "down" to "up." LyondellBasell's RSI rose from 48.9 to 58.2, its trend upgraded from weak-down back to strong-up, and its weekly print posted the sector's best this scan at +7.00%. Both names' 52-week-high gaps remain the sector's widest (Dow -28.97%, LyondellBasell -25.66%) even after narrowing from last scan's -30.58% and -29.68%. Sherwin-Williams, meanwhile, resolved the death-cross flag it had carried for at least the prior two scans into a golden cross — the open question from last scan's writeup — even as its own momentum cooled: RSI eased from 65.4 to 57.7, its weekly print reversed from +8.47% to -2.88%, and its 30-day change decelerated to +8.07% (was +11.85%).

PPG re-broke down this scan after recovering to strong-up last scan: RSI dropped from 55.5 to 47.5, trend downgraded back to weak-down, and its weekly print reversed from +8.32% to -4.09%, the sector's worst this scan. Ecolab's RSI eased sharply too, from 60.8 to 48.7, though its trend held strong-up. Linde remains the sector's only sub-40 RSI reading, easing further from 39.5 to 38.0, still trending weak-down with a 30-day change of -6.11%. Air Products was the sector's steadiest name: RSI firmed to 61.8, the sector's highest, and its 52-week-high gap narrowed to -2.97%, the tightest in the group. DuPont's RSI rose to 60.5 with its 30-day change accelerating to +8.45%. The materials-sector ETF, XLB, enters this scan's tracked comparison for the first time — RSI 55.9, strong-up trend, and a -3.38% 52-week-high gap — with no prior-scan reading on file.

What Changed Since 2026-08-08

  • Dow: RSI 44.9→54.1 (firmed sharply), trend "down"→"up" (upgraded), 7D -3.14%→+5.90% (reversed positive), 30D +1.07%→+4.61% (accelerated), 52wkHi -30.58%→-28.97% (narrowed slightly, still the sector's widest gap); current data shows an active death-cross flag.
  • LyondellBasell: RSI 48.9→58.2 (firmed), trend weak-down→strong-up (upgraded), 7D -4.01%→+7.00% (reversed, best in the sector this scan), 30D +6.95%→+9.93% (accelerated), 52wkHi -29.68%→-25.66% (narrowed).
  • Sherwin-Williams: RSI 65.4→57.7 (eased), trend "up"→strong-up (upgraded), 7D +8.47%→-2.88% (reversed negative), 30D +11.85%→+8.07% (decelerated), 52wkHi -2.63%→-4.77% (widened slightly); death-cross flag resolved into a golden cross this scan.
  • Air Products: RSI 59.5→61.8 (firmed), trend unchanged (strong-up), 7D +2.90%→+1.82% (decelerated), 30D +2.25%→+5.20% (accelerated), 52wkHi -6.28%→-2.97% (narrowed sharply, tightest in the sector).
  • Linde: RSI 39.5→38.0 (eased further), trend unchanged (weak-down), 7D +2.42%→-1.48% (reversed negative), 30D -7.14%→-6.11% (improved slightly, still negative), 52wkHi -10.43%→-12.77% (widened).
  • Ecolab: RSI 60.8→48.7 (eased sharply), trend unchanged (strong-up), 7D +2.72%→-3.18% (reversed negative), 30D +4.03%→+2.17% (decelerated), 52wkHi -7.70%→-10.67% (widened).
  • PPG: RSI 55.5→47.5 (eased), trend strong-up→weak-down (re-broke down), 7D +8.32%→-4.09% (reversed, worst weekly print in the sector this scan), 30D +4.76%→-0.43% (swung negative), 52wkHi -10.72%→-14.01% (widened).
  • DuPont: RSI 54.6→60.5 (firmed), trend unchanged (strong-up), 7D +3.99%→+2.66% (decelerated but still positive), 30D +4.02%→+8.45% (accelerated), 52wkHi -6.72%→-8.79% (widened slightly).
  • XLB (ETF): RSI 55.9, trend strong-up, 7D -0.61%, 30D +4.04%, 52wkHi -3.38% — newly tracked in this scan's comparison; no prior-scan value on file.

How To Read The Board

RSI (Relative Strength Index) gauges how aggressively a stock has been bought or sold over roughly the past two weeks, on a 0-100 scale — under 30 signals an oversold, potentially undervalued stretch; over 70 signals overbought, extended risk; readings in between are neutral. The color icons below track that scale: green marks a healthy/strong reading, yellow marks neutral or mixed signals, orange marks an extended-but-not-extreme reading, red marks a breakdown or the sector's worst reading. Trend reflects a stock's structural direction based on its moving averages (strong-up, up, weak-down, down); vs SMA20 shows how far price sits above or below its 20-day average; 52wkHi shows the distance below the stock's own one-year high — the closer to zero, the closer to a new high.

Price Table

Stock Price RSI Trend 7D% 30D% 3M% vs SMA20 52wkHi% Signal
DOW $31.07 54.1 up +5.90% +4.61% -19.00% +2.8% -28.97% 🟡 Upgraded from "down"; current data shows an active death-cross flag; still the sector's widest 52wk gap
LYB $63.76 58.2 strong-up +7.00% +9.93% -14.16% +4.2% -25.66% 🟢 Upgraded to strong-up; best weekly print in the sector
SHW $359.10 57.7 strong-up -2.88% +8.07% +19.97% +3.7% -4.77% 🟡 Death-cross flag resolved into a golden cross; weekly print reversed negative
APD $308.97 61.8 strong-up +1.82% +5.20% +5.25% +3.3% -2.97% 🟢 Sector's highest RSI; tightest 52wk gap
LIN $482.74 38.0 weak-down -1.48% -6.11% -4.32% -2.7% -12.77% 🟡 Sector's only sub-40 RSI
ECL $276.11 48.7 strong-up -3.18% +2.17% +11.81% -0.4% -10.67% 🟡 RSI eased sharply though trend holds strong-up
PPG $114.11 47.5 weak-down -4.09% -0.43% +11.86% -0.9% -14.01% 🔴 Re-broke to weak-down; worst weekly print in the sector
DD $146.26 60.5 strong-up +2.66% +8.45% -1.13% +3.6% -8.79% 🟢 Strong-up intact, 30D accelerated
XLB $52.54 55.9 strong-up -0.61% +4.04% +4.85% +1.6% -3.38% 🟡 Newly tracked in this comparison; no prior-scan reading

Tier Analysis

RSI < 25 (Oversold): None this scan.

RSI 25-40 (Approaching Oversold): Linde ($482.74, RSI 38.0) is the sector's only name in this band, easing further from 39.5 last scan. Its trend classification is still weak-down and its 30-day change (-6.11%) remains negative, though it improved slightly from -7.14%.

RSI 40+ (Neutral-to-Strong): The other eight names sit here. Air Products (61.8) is the sector's strongest reading and carries the tightest 52-week-high gap (-2.97%). Dow (54.1) and LyondellBasell (58.2) both reversed from being last scan's weakest names into this scan's strongest upgrades. PPG (47.5) re-broke down to weak-down after recovering last scan, posting the sector's worst weekly print. Ecolab (48.7) held its strong-up trend but its RSI eased sharply. Sherwin-Williams (57.7) resolved its multi-scan death-cross flag into a golden cross even as its own momentum cooled. DuPont (60.5) firmed further, and XLB (55.9), the materials-sector ETF, enters the comparison for the first time.

Entry Zones

Stock Price RSI 30D% Setup
DOW $31.07 54.1 +4.61% Upgraded from "down" to "up"; still the sector's widest 52-week-high gap
LYB $63.76 58.2 +9.93% Upgraded to strong-up; best weekly print in the sector this scan
SHW $359.10 57.7 +8.07% Death-cross flag resolved into a golden cross; momentum cooling
APD $308.97 61.8 +5.20% Strong-up intact, sector's highest RSI, tightest 52-week-high gap
LIN $482.74 38.0 -6.11% Sector's only sub-40 RSI, still weak-down, recovering slowly
ECL $276.11 48.7 +2.17% RSI eased sharply though trend still holds strong-up
PPG $114.11 47.5 -0.43% Re-broke down to weak-down after last scan's recovery
DD $146.26 60.5 +8.45% Strong-up intact, 30-day change accelerated
XLB $52.54 55.9 +4.04% Newly tracked; no prior-scan baseline yet

Action Matrix

Action Stocks Why
🔒 HOLD APD, DD Strong-up structure intact, RSI healthy, 30-day gains accelerating
📈 ACCUMULATE / WATCH DOW, LYB Freshly upgraded after being last scan's weakest names; confirm the reversal holds
🔍 WATCH SHW, ECL, LIN Sherwin-Williams' momentum cooled despite the death-cross resolution; Ecolab's RSI eased sharply; Linde remains the sector's only sub-40 RSI
⚠️ WATCH / CAUTION PPG Re-broke down to weak-down this scan after recovering last scan
🔍 WATCH XLB Newly tracked in this comparison; no baseline yet

What To Watch Next

Does Dow and LyondellBasell's reversal hold this time, or does the sector keep rotating between these pairs? Does Sherwin-Williams' momentum stabilize now that the death-cross flag has finally resolved? Does PPG's re-break persist, or reverse again given the sector's recent pattern of names flip-flopping between strong-up and weak-down? And does Linde ever clear RSI 40?

Sources

  • Tape data (price/RSI/SMA/returns): pre-computed summaries as of the 2026-08-14 close — chemicals.
  • Comparison figures: 2026-08-08-chemicals (2026-08-07 close).
7 events

No direct external sources are attached to this read.