Corteva is only slightly up on the day, shares traded 0.28% higher on the day. It looks like CTVA could be hitting an upward sloping resistance line. Most traders won't try to short a stock when the line is upsloping.
But it may be a good time to take profit or wait for a better entry point for a long position. Corteva has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $74.46 level, hard to say where it will go from there though.
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FMC | FMC Corporation | 0.98 | -0.76 | 4.28 | 3.27 | -23.39 | -27.03 | -73.37 | 67 | -90.69 | -114.38 | -43.14 | -87160.47 | -1927.23 | 0 | 0 | 4.38987 |
| LYB | LyondellBasell Industries | 0.88 | -0.96 | 4.31 | 10.53 | -13.65 | 19.75 | -8.18 | 89 | -0.23 | -1.70 | 0.07 | -6368.88 | -11985.12 | 150 | 0 | 2.45602 |
| STLD | Steel Dynamics Inc | 0.83 | 0.81 | 2.15 | -4.16 | 6.00 | 34.54 | 84.03 | 57 | 42.61 | 45.93 | 141.34 | -1109.46 | -22572.65 | 0 | 0 | 3.71025 |
| DOW | Dow Inc. | 0.81 | -1.12 | 3.28 | 5.42 | -18.71 | 9.07 | 1.75 | 73 | -1.48 | -2.31 | 1.73 | -2616.07 | -9209.78 | 0 | 0 | 1.99361 |
| RS | Reliance Steel & Aluminiu | 0.78 | 2.37 | -0.14 | -2.57 | 9.09 | 20.46 | 15.05 | 48 | 63.73 | 34.09 | 45.90 | -621.55 | -22406.95 | 0 | 0 | 2.27393 |
| OLN | Olin Corp. | 0.76 | -2.48 | 7.50 | 10.52 | -11.66 | -3.35 | 8.24 | 88 | -10.74 | -15.06 | -13.49 | -2664.24 | -10955.30 | 150 | 0 | 2.36457 |
| RY | Royal Bank of Canada | 0.73 | -1.41 | -3.24 | 2.32 | 17.27 | 23.45 | 55.32 | 44 | 350.08 | 68.21 | 122.80 | -1225.00 | -47848.63 | 0 | 0 | 13.3109 |
| WLK | Westlake Corporation | 0.73 | -2.37 | -3.09 | -1.71 | -31.83 | -13.28 | -13.84 | 56 | -20.87 | -12.65 | -18.77 | -7846.78 | -3308.28 | 0 | 0 | 6.95741 |