Dow Jones (INDU) Down 0.22%; in an Uptrend Over Past 90 Days
The Hourly View for INDU
Last Updated December 30, 2020, 05:018 GMT
At the time of this writing, Dow Jones’s price is up 18.01 (0.06%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. 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
The end of a 3 day positive run has come for Dow Jones, which finished yesterday down 0.22% (68.3). Relative to other instruments in the equity indices asset class, Dow Jones ranked 13th since yesterday in terms of percentage price change. The daily price chart of Dow Jones below illustrates.
Dow Jones Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Dow Jones’s price has gone up 7 of the previous 14 trading days.
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