DuPont de Nemours Inc. Technical Analysis | DuPont de Nemours Inc. Trading: 2022-11-03 | IFCM Turkey
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DuPont de Nemours Inc. Technical Analysis - DuPont de Nemours Inc. Trading: 2022-11-03

DuPont de Nemours Inc. Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 64.2

Buy Stop

Below 56.71

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2566
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy

DuPont de Nemours Inc. Chart Analysis

DuPont de Nemours Inc. Chart Analysis

DuPont de Nemours Inc. Technical Analysis

The technical analysis of the DuPont de Nemours stock price chart on 4-hour timeframe shows #S-DD,H4 is retracing after rebounding to five-month high above the 200-period moving average MA(200). The RSI has left the overbought zone. We believe the bullish momentum will resume after the price breaches above the upper Donchian bound at 64.2. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the lower boundary of Donchian channel at 56.71. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (56.71) without reaching the order (64.2), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - DuPont de Nemours Inc.

DuPont announced it canceled $5.2 billion Rogers acquisition deal. Will the DuPont stock price continue rebounding?

DuPont de Nemours, Inc. is a United States manufacturing corporation that develops and manufactures chemical materials and solutions and sells them worldwide. Its market capitalization is $28.8 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 19.32 currently, company’s revenue (ttm) was $17.13 billion, while the Return on Equity (ttm) was 6.05% and the Return on Assets (ttm) at 3.73%. DuPont de Nemours, Inc. announced yesterday it terminated the previously announced $5.2 billion agreement to acquire the outstanding shares of Rogers Corporation. DuPont cited the failure to win Chinese regulators’ approval as the reason for termination, the first collapse of a major US deal in four years. The stock price closed up 3.1% over day after the announcement.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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