Dow Jones Industrial A (DJI.NDX)
Close: 42 025.00 (+522.09), Sep 19, 2024
|
Liquidity risk: | Volatility risk: |
Short term
Dow Jones Industrial Average shows strong development within a rising trend channel in the short term. This signals increasing optimism among investors and indicates continued rise. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 41200 points. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The index is overall assessed as technically positive for the short term. Recommendation one to six weeks:
Medium term
Dow Jones Industrial Average is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 39800 points. The index is assessed as technically positive for the medium long term. Recommendation one to six months:
Long term
Investors have paid higher prices over time to buy Dow Jones Industrial Average and the index is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 36195. The objective at 39950 is now met, but the formation still gives a signal in the same direction. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 37000 points. The index is overall assessed as technically positive for the long term. Recommendation one to six quarters:
Period |
Vol.bal. |
Volatility |
Liquidity |
+/- % |
1 day | - | 0.53% | 0.00 | +1.26% |
5 days | 0.00 | 1.83% | 0.00 | +2.26% |
22 days | 0.00 | 4.70% | 0.00 | +2.76% |
66 days | 0.00 | 8.87% | 0.00 | +8.90% |
Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer.
The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.