Dow Jones (INDU) Down 0.16%; in an Uptrend Over Past 14 Days

The Hourly View for INDU

Last Updated January 15, 2021, 03:018 GMT

At the moment, Dow Jones’s price is up 25.09 (0.08%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Dow Jones Daily Price Recap

Dow Jones came into today down 0.16% (51) from the open of the previous day, marking the 2nd day in a row it has gone down. Out of the 14 instruments in the equity indices asset class, Dow Jones ended up ranking 11th for the day in terms of price change relative to the previous day. Below is a daily price chart of Dow Jones.

INDU

Dow Jones Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Dow Jones’s price has gone up 9 of the previous 14 trading days.