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Archive
- 6/5/2026 -
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Dow Jones (^DJI) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Dow Jones (^DJI). During the week, the ^DJI gave back -165.68 points, or -0.32%, and closed at 50866.78 on Friday, June 5, 2026. It was the worst weekly loss since April 24, 2026. Weekly volume was 11% above average.
 Long-term trend: [See ^DJI long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 28660.94 and reached 51660.40 on June 5, 2026. ^DJI gained -22999.46 points, or -80.25%, in 190 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 40188.76 and resistance is at 52304.04. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See ^DJI medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 45057.28 and reached 51660.40 on June 5, 2026. ^DJI gained -6603.12 points, or -14.65%, in 9 weeks. The price is now at the 12.02% retracement level.
 Weekly Technical Indicators: [See ^DJI weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 8, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ^DJI short-term trend chart]
A short-term uptrend had started on April 29, 2026 at 48708.57 and reached 51660.40 on June 5, 2026. ^DJI gained -2951.83 points, or -6.06%, in 37 days. The price is now at the 26.89% retracement level.
 Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since May 21, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (50710.52) comes close to the price (50866.78). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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