Olin is down a bit on the day, funds flowing out kept the price down -2.48% since yesterday. It looks like OLN may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. The Chemicals company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price breaks through the resistance level it will probably move up to the $25.73 level where it may meet further resistance. If the price reverses and heads back down lower, it looks like the nearest support level is $19.4 it may head back up from there or break lower.
| Segment | Count | 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 | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chemicals | 43 | -1.65349 | 0.065814 | 0.476977 | -3.97861 | 9.95256 | 24.2788 | 57.1628 | 9.60535 | 14.0498 | 12.6547 | -4986.53 | -11648.9 | 20.9302 | 8.7209 | 3.11048 | 0.27 |
| Basic Materials | 120 | -1.01067 | 2.29025 | -1.23717 | -2.28417 | -0.266917 | 23.7943 | 51.825 | -0.075417 | 4.13358 | 8.22375 | -7132.17 | -9792.62 | 8.75 | 6.25 | 3.49021 | 0.340083 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WLK | Westlake Corporation | 1.52 | -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 |
| EMN | Eastman Chemical Company | 1.28 | -2.10 | -0.99 | -3.81 | -5.18 | -1.49 | -14.81 | 61 | -4.23 | -6.92 | -3.34 | -2966.16 | -1912.34 | 0 | 0 | 1.12457 |
| WCC | Wesco International Inc. | 1.23 | 0.03 | 0.85 | -7.52 | 7.91 | 13.97 | 55.59 | 47 | 23.93 | 33.42 | 69.02 | -1737.15 | -1178.42 | 0 | 0 | 2.60798 |
| DOW | Dow Inc. | 1.16 | -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 |
| ALLY | Ally Financial Inc. | 1.15 | -1.57 | -3.66 | -5.07 | -0.99 | 4.72 | 11.49 | 36 | 22.40 | 11.30 | 19.84 | -2290.95 | 173.43 | 0 | 0 | 3.96168 |
| HEES | H&E Equipment Services, I | 1.06 | -0.63 | 0.00 | 4.32 | 0.84 | 57.03 | 0.00 | 50 | 121.35 | 43.24 | 69.24 | -2640.88 | -141449.47 | 0 | 0 | 0 |