Dow Jones (INDU) Up 0.2%; in an Uptrend Over Past 90 Days

The Hourly View for INDU

Last Updated February 18, 2021, 00:019 GMT

At the time of this writing, Dow Jones’s price is up 40.09 (0.13%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Of note is that the 50 hour changed directions on INDU; it is now pointing up. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Dow Jones Daily Price Recap

Dow Jones is up 0.2% (64.35) since the day prior, marking the 2nd consecutive day an increase has occurred. Out of the 14 instruments in the equity indices asset class, Dow Jones ended up ranking 5th for the day in terms of price change relative to the day prior. The daily price chart of Dow Jones below illustrates.

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 10 of the previous 14 trading days.