Dow Jones (INDU) 2 Day Down Streak Ended; in an Uptrend Over Past 90 Days

The Hourly View for INDU

Last Updated March 26, 2021, 01:018 GMT

At the moment, Dow Jones’s price is down -18.07 (-0.06%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Dow Jones Daily Price Recap

The choppiness in the recent daily price action of Dow Jones continues; to start today, it came in at a price of 32619.48 US dollars, up 0.62% (199.42) since the previous day. Relative to other instruments in the equity indices asset class, Dow Jones ranked 3rd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Dow Jones.

INDU

Dow Jones Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Dow Jones’s price has gone up 17 of the previous 30 trading days.