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Archive - 3/6/2026 - Sign In to see current Signals. |
Dow Jones (^DJI) Technical Analysis
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| 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 -1476.37 points, or -3.01%, and closed at 47501.55 on Friday, March 6, 2026. ^DJI was trading at average weekly trading volume.
Long-term trend: [See ^DJI long-term trend chart] A long-term uptrend had started on March 9, 2009 at 6440.08 and reached 50512.79 on February 10, 2026. ^DJI gained -44072.71 points, or -684.35%, in 883 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (47310.48). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See ^DJI medium-term trend chart] A medium-term downtrend had started on February 10, 2026 at 50512.79 and reached 47009.01 on March 6, 2026. ^DJI lost 3503.78 points, or 6.94%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (48060.97) is broken. Usually a broken support is considered to be a long-term bearish 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 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 February 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 February 26, 2026 at 49815.22 and reached 47009.01 on March 6, 2026. ^DJI lost 2806.21 points, or 5.63%, in 8 days. The price is now at the 17.55% retracement level.
Daily Technical Indicators: [See ^DJI daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since February 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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