|
|
Advanced TA SearchArchive
- 1/10/2025 -
Sign In to see current Signals. |
Dow Jones (^DJI) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Dow Jones (^DJI). During the week, the ^DJI dropped -793.68 points, or -1.86%, and closed at 41938.45 on Friday, January 10, 2025. Weekly volume was 45% above average.
 Long-term trend: [See ^DJI long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 28660.94 and reached 45073.63 on December 4, 2024. ^DJI gained -16412.69 points, or -57.27%, in 111 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (36696.65) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See ^DJI medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 32327.20 and reached 45073.63 on December 4, 2024. ^DJI gained -12746.43 points, or -39.43%, in 57 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (45922.00) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See ^DJI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 20, 2024. Use the following link to access a MACD help.
 Short-term trend: [See ^DJI short-term trend chart]
A short-term downtrend had started on December 4, 2024 at 45073.63 and reached 41877.30 on January 10, 2025. ^DJI lost 3196.33 points, or 7.09%, in 37 days. Price is near the trend low.
Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.
The daily MACD line is below its signal line since December 6, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
| |
|
|