Why is DNOW Down Today?

DNOW
$15.16
▼ -2.19% ($-0.33)
Last updated: Oct 01, 2026 5:36 PM ET (894 min ago)

About DNOW Inc.

Dnow Inc is a company engaged in world-wide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. It offers a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW th...

Sector: OIL & GAS FIELD MACHINERY & EQUIPMENT
Market Cap: $1.62B
Forward P/E: 13.2
52-Week Range: $10.94 - $17.26
Employees: 2,575

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 DNOW showing strong bearish momentum
DNOW is down 2.2% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

OIL & GAS FIELD MACHINERY & EQUIPMENT sector: +0.8%

DNOW is outperforming its sector by -3.0%. This suggests a stock-specific catalyst.

Market Comparison

DNOW is significantly underperforming the market (-2.4% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
DNOW
This Stock
-2.19%
vs S&P 500: -2.37%
vs Nasdaq: -2.5%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, DNOW is expected to trade between:
$14.71 - $15.46

Key Level to Watch

$14.40 support
Watch for breakdown below $15.16

🔔 Get DNOW Alerts

We'll notify you when DNOW's trend changes or a new signal fires.

Last updated: Oct 01, 2026 5:36 PM (894 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.59
Put/Call Ratio
74.3%
Implied Volatility
Call Volume: 4,885
Put Volume: 2,858
Total: 7,743

Historical Context

DNOW has moved more than 3.0% down on 23 occasions in the past year.

26.1%
Continuation Rate
6/23 times continued down
+0.01%
Avg Next Day Change
After similar down moves
Last similar move: Sep 16, 2026 (-3.1%) → Next day: +2.2%

Frequently Asked Questions

Why is DNOW stock down today?

DNOW is down 2.2% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is DNOW stock a buy or sell right now?

Based on current analysis, DNOW shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the DNOW stock price target?

DNOW is currently trading at $15.16. Based on today's momentum, the expected short-term range is $14.71 - $15.46. See long-term price prediction →

Will DNOW stock continue falling?

Our analysis shows a 45% probability that DNOW's move continues in the next 1-3 days. Key level to watch: $14.40 (support).

Is DNOW stock oversold or overbought?

DNOW's RSI (Relative Strength Index) is currently at 43.2. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for DNOW stock?

DNOW's 10-day momentum indicator is at -0.67. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is DNOW outperforming or underperforming the market?

DNOW (-2.19%) is currently significantly underperforming the market (-2.4% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for DNOW?

DNOW's MACD (0.02) is currently below the signal line (0.09), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 13.9) is weak.

Is DNOW in an uptrend or downtrend?

Based on moving average analysis, DNOW is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $15.78, 50-day SMA: $15.55.

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