DuPont Rises 0.41% Extending 4-Day 4.92% Rally As Technicals Signal Bullish Momentum

DuPont de Nemours (DD) concluded its most recent session at $78.22, rising 0.41% to extend its four-day winning streak, during which it gained 4.92%. This follows a recovery from a dip to $74.55 on September 25, establishing higher lows and challenging recent resistance levels.
Candlestick Theory
The recent four consecutive bullish candles (September 26–October 1) form a "Four White Soldiers" pattern, signaling strong momentum after the $74.55 low. The pattern suggests confirmed bullish conviction, with key support now at $77.45 (October 1 low). Resistance is observed at $78.73 (October 1 high), which rejected further upside during the session. A sustained break above $78.73 could target the multi-month resistance of $79.42 (September 22 high).
Moving Average Theory
Current trading above all critical moving averages—200-day ($72.50), 100-day ($74.80), and 50-day ($76.10)—confirms a long-term bullish trend. The 50-day recently crossed above both 100-day and 200-day averages in August ("Golden Cross"), accelerating intermediate-term momentum. Price consolidation near $76–$78 throughout September respected the 50-day SMA as dynamic support, reinforcing its role as a bullish fulcrum. A sustained hold above these moving averages may signal further upside.
MACD & KDJ Indicators
MACD (12,26,9) exhibits a bullish crossover above the signal line, aligned with expanding positive histogram values since September 26. Concurrently, KDJ shows the %K line (85) crossing above %D (78) in overbought territory. While this signals strength, the KDJ’s overbought readings may imply near-term consolidation risk. Divergence is absent, as both oscillators agree on bullish momentum but carry overextension warnings, particularly from KDJ’s elevated levels.
Bollinger Bands
Bands have expanded by 15% since September 26, reflecting heightened volatility during the rally. Price now hovers near the upper band ($78.90), indicating bullish pressure but also proximity to a short-term overbought zone. The prior contraction in bands throughout late September preceded the breakout, validating the current expansion. A retreat toward the middle band ($76.60) would offer a potential bullish entry if supported by volume.
Volume-Price Relationship
The rally was validated by rising volume from September 26–30, peaking at 3.58 million shares (+31% above 20-day average). However, October 1’s lower volume (2.79 million) despite the price advance flags caution, suggesting fading buying pressure at the $78.73 resistance. Bullish volume confirmation would require expansion above 3.5 million shares on any breakout above $78.73.
Relative Strength Index (RSI)
The 14-day RSI (70.5) edges into overbought territory, aligning with KDJ’s warning. While not extreme, this may limit near-term upside potential. Historically, DuPont has sustained RSI levels above 70 for brief periods during strong trends (e.g., July 2025). A decisive break above $78.73 could push RSI toward 75, increasing reversal risk.
Fibonacci Retracement
Using the significant downtrend from the $86.59 high (November 7, 2024) to the $55.13 low (April 8, 2025), key levels are identified. Current price tests the 78.6% retracement ($79.86), aligning with September’s $79.42 swing high. This zone represents formidable resistance. Support coincides with the 61.8% level ($74.57) near recent consolidation lows. Confluence exists here, as the 50-day SMA and the 61.8% Fibonacci level converge at $75–$76.
Confluence and Divergence Observations
Strong confluence emerges at $76.00–$76.50 (50-day SMA, 61.8% Fibonacci, and prior resistance-turned-support), creating a high-probability bullish zone. MACD and moving averages corroborate the uptrend, while overbought signals from RSI and KDJ caution against chasing the rally near $78.73–$79.86 resistance. Volume divergence during the latest advance warrants monitoring but does not yet invalidate momentum. Overall, the weight of evidence suggests sustained bullishness above $76.00, with tactical resistance at $78.73–$79.86.