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Archive
- 3/17/2023 -
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Dow Jones (^DJI) |
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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 gave back -47.66 points, or -0.15%, and closed at 31861.98 on Friday, March 17, 2023. Weekly volume was 33% above average.
 Long-term trend: [See ^DJI long-term trend chart]
A long-term downtrend had started on January 5, 2022 at 36952.65 and reached 28660.94 on October 13, 2022. ^DJI lost 8291.71 points, or 22.44%, in 40 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (31714.83). 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 uptrend had started on October 13, 2022 at 28660.94 and reached 34712.28 on December 13, 2022. ^DJI gained -6051.34 points, or -21.11%, in 8 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (37124.69) 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 February 24, 2023. 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 March 6, 2023 at 33572.22 and reached 31429.82 on March 15, 2023. ^DJI lost 2142.40 points, or 6.38%, in 9 days. The price is now at the 20.17% retracement level.
Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 15, 2023. 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
33572.22 |
| High Date |
03/06/2023 |
| Low |
31429.82 |
| Low Date |
03/15/2023 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
34342.32 |
| High Date |
01/13/2023 |
| Low |
31429.82 |
| Low Date |
03/15/2023 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
33584.78 |
| Support |
37124.69 |
| Low |
28660.94 |
| Low Date |
10/13/2022 |
| High |
34712.28 |
| High Date |
12/13/2022 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Test Resistance |
| Resistance |
31714.83 |
| Support |
27362.31 |
| High |
36952.65 |
| High Date |
01/05/2022 |
| Low |
28660.94 |
| Low Date |
10/13/2022 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
6440.08 |
| Low Date |
03/09/2009 |
| High |
36952.65 |
| High Date |
01/05/2022 |
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