DNOW Should I Buy

Buy now for a long-term position. DNOW’s fundamentals are improving (2025/Q3 profit and EPS surged), analysts have turned more constructive post–MRC Global acquisition, and near-term sentiment is supported by upward earnings revisions. The main drawback is the stock looks short-term stretched (RSI elevated and price sitting near resistance), but for a beginner long-term investor who doesn’t want to wait for a perfect entry, the balance of evidence still favors buying rather than holding out.

Trend/Momentum: Bullish-to-neutral near-term. MACD histogram is positive (0.117) and expanding, supporting upward momentum. Moving averages are converging, which often precedes a larger directional move, but does not confirm it alone. Overbought/Entry timing: RSI(6) at ~73.35 is elevated and suggests the stock is somewhat overbought in the very short term. Key levels: Pivot 14.403. The stock is trading above the pivot and is pressing resistance at R1 15.024 (post-market ~15.08), with the next resistance at R2 15.408. Support sits at S1 13.783 then S2 13.399. From here, upside exists if it holds above ~15.0 and pushes through ~15.4; downside risk is a pullback toward ~14.4 or ~13.8 if momentum fades. Pattern-based short-term odds (provided): ~+3.28% next week, but -4.34% next month—consistent with “hot now, choppier later.” Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.