Dow Jones (INDU) 2 Day Up Streak Ended
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Dow Jones
(Last Updated November 25, 2020)
Welcome to the news page for Dow Jones (INDU). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
On INDU, there is currently an uptrend on the 90, 30 and 14 day timeframes.
INDU Moving Averages
INDU’s moving averages suggest the trend on a number of time horizons is bullish.
Below is a chart showing INDU’s price with its moving averages.
The View From the Weekly Timeframe
At the moment, INDU’s price is up $782.76 (2.67%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a bearishness in price, as the 20 and 50 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The weekly chart below shows INDU’s price action over the past year.
Dow Jones (INDU) Up 1.54%
Business will california’s small businesses survive another covid-19 surge without more help?…
Dow Jones (INDU) Up 1.12%; in an Uptrend Over Past 14 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
Dow Jones (INDU) Underperforms All equity indices; Down 0.75%
On a relative basis, dow jones was the worst performer out of all 14 of the assets in the equity indices asset class today.
Dow Jones (INDU) Fares the Worst Out of equity indices, Down 0.75%; But Still in an Uptrend Over Past 14 Days
On a relative basis, dow jones was the worst performer out of all 14 of the assets in the equity indices asset class today.
Dow Jones (INDU) Up 0.15%; in an Uptrend Over Past 14 Days
Out of the 14 instruments in the equity indices asset class, dow jones ended up ranking 6th for the day in terms of price change relative to yesterday.
Dow Jones (INDU) Down 1.16%; in an Uptrend Over Past 14 Days
Relative to other instruments in the equity indices asset class, dow jones ranked 13th since yesterday in terms of percentage price change.
Dow Jones (INDU) 2 Day Up Streak Snapped, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the equity indices asset class, dow jones ranked 12th since yesterday in terms of percentage price change.
Dow Jones (INDU) Moves Down For the 2nd Day In A Row, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 30 Days
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Dow Jones (INDU) Down 0.08%, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 30 Days
In the morning, pfizer stock gained about 7.5% to trade at $39.15 a share at one point….(